Turn your annual CTC into an estimate of the salary that reaches your bank account each month.
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How it is worked out
- Gross salary is CTC minus the employer’s PF contribution, and gratuity if your employer includes it in CTC (taken at 4.81% of basic salary).
- From gross salary we deduct your own PF, professional tax and income tax with 4% cess.
- PF is 12% of basic salary. Many employers cap it at 12% of ₹15,000, which is ₹1,800 a month.
- Professional tax in Gujarat is ₹200 a month on salary of ₹12,000 or more.
Questions people ask
Why is my actual salary different?
Employers structure CTC in different ways. Bonuses, allowances, insurance and reimbursements all change the take-home figure, so use your salary slip for exact numbers.
Which regime does my employer use for TDS?
The new regime, unless you tell your employer you want the old one. You can still choose when you file your return, within the rules for your income.
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Want us to work it out for you?
Share your documents and we will check the figures before anything is filed. We call back during office hours.