Question 1

What is CTC?

Accepted Answer

CTC (Cost to Company) is the total amount a company spends on an employee annually, including salary, employer PF contribution, gratuity, and other benefits.

Question 2

What is the new tax regime?

Accepted Answer

India's new tax regime (2024-25) offers lower tax rates but removes most deductions. This calculator uses the new regime rates with a ₹50,000 standard deduction.

Question 3

How accurate is this calculator?

Accepted Answer

This calculator provides a close estimate based on standard assumptions (50% basic, HRA 50% of basic, PF at 12%). Actual take-home depends on your specific salary structure, city of employment, and deductions. Consult your HR or a tax professional for exact figures.

Salary Calculator

Frequently Asked Questions

Salary Calculator

Frequently Asked Questions

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