CTC Calculator: Calculate Your Cost to Company Instantly
A CTC Calculator is an essential tool for employees and HR professionals to determine the exact breakdown of salary components, deductions, and take-home pay. Whether you are negotiating a job offer or planning your finances, understanding your Cost to Company (CTC) helps in making informed financial decisions.
This easy-to-use calculator simplifies salary calculations by providing a detailed breakdown, including Basic Salary, HRA, Special Allowance, Bonus, Gratuity, and Tax Deductions.
CTC to In-Hand Salary Calculator
| Components | Input Values |
|---|---|
| Enter Gross Salary: | |
| Select State: | |
| Minimum Wage - Basic: | |
| Minimum Wage - DA: | |
| Basic Percentage: | |
| HRA Percentage: | |
| Special Allowance: | |
| Service Weightage: | |
| Gratuity Applicability: | |
| Bonus Applicability: | |
| VPF Amount: | |
| Income Tax: |
How to Use the CTC Calculator?
Using the CTC Calculator is simple and requires just a few inputs:
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Enter Gross Salary – Provide your total salary package before deductions.
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Select Your State – This helps in determining applicable minimum wages and tax calculations.
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Define Salary Components:
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Enter Basic Salary percentage (40%, 50%, or 60%).
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Select HRA Percentage (10% to 50%).
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Input any Special Allowance, VPF Contribution, or other salary components.
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Choose Additional Benefits:
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Enable/disable Gratuity, Bonus, and Service Weightage.
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Enter Income Tax deductions applicable to your salary.
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Adjust Using the Slider – Move the slider to dynamically view how salary changes.
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View Your CTC Breakdown – The calculator instantly computes Net Pay, Taxable Income, and Deductions.
Key Features of the CTC Calculator
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Accurate Salary Breakdown – Calculates Basic Salary, HRA, Allowances, and Tax Deductions.
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State-Specific Adjustments – Adapts calculations based on the minimum wage rules of different states.
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Customizable Components – Modify salary percentages, bonuses, and tax deductions for precise results.
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Real-Time Adjustments – Use the interactive slider to fine-tune salary inputs and see instant results.
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User-Friendly Interface – Simple, mobile-friendly design for quick and easy calculations.
Benefits of Using the CTC Calculator
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Quick & Hassle-Free Salary Estimation – No manual calculations needed; get instant results.
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Effective Salary Negotiation – Helps job seekers and employees negotiate better salary packages.
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Financial Planning – Allows professionals to plan taxes, savings, and investments efficiently.
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Employer-Friendly – HR professionals can use it for payroll structuring and salary budgeting.
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Tax Optimization – Helps employees understand tax liabilities under different scenarios.
Conclusion
The CTC Calculator is a powerful and easy-to-use tool designed for both employees and HR professionals. It helps in understanding the salary structure, tax implications, and take-home pay, ensuring accurate financial planning. Try it now to get a clear picture of your earnings and make informed salary decisions!
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| CTC Calculator |
Frequently Asked Questions (FAQs)
What is the new tax slab for 2026-27?
The new tax slabs for 2026-27 are:
₹0-4 lakh – 0%
₹4-8 lakh – 5%
₹8-12 lakh – 10%
₹12-16 lakh – 15%
₹16-20 lakh – 20%
₹20-24 lakh – 25%
Above ₹24 lakh – 30%
Is the new tax regime beneficial?
The new tax regime offers lower tax rates but removes most exemptions and deductions. It is beneficial for those who don’t claim many deductions.
Can I switch between the old and new tax regimes?
Yes, salaried employees can switch every financial year, but business income taxpayers can switch only once.
What deductions are allowed in the new tax regime?
Most deductions are removed in the new tax regime, except for employer NPS contributions and the standard deduction of ₹50,000 for salaried individuals.
Which tax regime should I choose?
It depends on your tax-saving investments. If you claim many deductions, the old regime may be better. Otherwise, the new regime with lower rates may be beneficial.
Is the new tax regime mandatory?
No, taxpayers can choose between the old and new tax regimes. However, the new regime is the default, and taxpayers must opt for the old regime explicitly.
How do I opt for the old tax regime?
While filing your ITR, you must select the old regime manually. Salaried employees can inform their employer at the start of the financial year.
Will I get rebates under the new tax regime?
Yes, under Section 87A, taxpayers earning up to ₹7 lakh get a full rebate, meaning they pay zero tax.
Can senior citizens benefit from the new tax regime?
Yes, but they lose benefits like higher exemption limits and deductions on medical expenses, which are available in the old tax regime.
Does the new tax regime apply to businesses?
Yes, businesses can opt for the new tax regime, but once they choose it, they cannot switch back to the old regime.
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