CTC Calculator
From CTC to Salary Slip—Instantly || No More Guesswork
Listed in categories:
FintechMoney
Description
The CTC to Take Home Salary Calculator is a precise tool designed for Indian employees to convert their Cost to Company (CTC) into actual in-hand salary. It provides a detailed breakdown of earnings and deductions, ensuring users understand their salary structure and the impact of various deductions such as income tax, EPF contributions, and professional tax. The calculator is updated with the latest tax regulations for the financial year 2023-24, making it a reliable resource for accurate salary calculations.
How to use CTC Calculator?
To use the CTC to Take Home Salary Calculator, simply enter your annual CTC amount. The calculator will automatically compute your gross salary, deductions, and provide you with your net take home salary based on the latest tax regulations.
Core features of CTC Calculator:
1️⃣
Accurate conversion of CTC to take home salary
2️⃣
Detailed breakdown of salary components
3️⃣
Supports both old and new tax regimes
4️⃣
Automatic calculation of deductions
5️⃣
User-friendly interface for easy input and results
Why could be used CTC Calculator?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Employees wanting to understand their actual take home salary after deductions | ✅ | |
| # 2 | HR professionals needing to explain salary structures to employees | ✅ | |
| # 3 | Individuals comparing old vs new tax regimes to optimize their salary | ✅ | |
Who developed CTC Calculator?
The CTC to Take Home Salary Calculator was developed by Bhanu Prakash, who aims to provide Indian employees with a reliable tool for understanding their salary structures and optimizing their financial planning.