CTC to in-hand, without the guesswork
Enter a CTC and see where it actually goes — basic, HRA, allowances, and the deductions that stand between gross and the number that reaches a bank account. Every assumption below is yours to change.
Configure your CTC
Indian statutory deductions vary by employer. Adjust these to match your offer letter.
40% of CTC
40% of Basic
Monthly slab
Your expected deduction
Provident Fund (PF)
12% of basic wage
PF Statutory Ceiling
Cap wage at ₹15,000/mo
ESI
Medical insurance slab
per month · $13,581.31 a year
Inside CTC but not on the payslip
Employer PF $21.61 and gratuity accrual $23.09 each month. This is why in-hand is always well below CTC divided by twelve.
Provident fund is calculated on the ₹15,000 statutory ceiling rather than full basic. Employers may instead contribute on full basic — switch the ceiling off to see that.
ESI is not applied because gross pay is above the ₹21,000 eligibility limit.
Professional tax is a state slab and varies by state — adjust it if yours differs.
Income tax is set to zero. TDS depends on your tax regime, declared investments and exemptions, so it is not estimated for you — enter your own figure to include it.
This is an estimate for planning, not a payslip. Statutory rates vary by state, by employer election and over time.
Punchly does this every month, for every employee
Payroll runs from the attendance you already captured — payable days, loss of pay, approved overtime, statutory deductions and payslips. Bundled with Punchly at no extra cost.