Online CTC calculator

PayHR Online CTC salary calculator helps HR

and Payroll Accountant's to calculate how much
Net Salary to be paid to employees based on
agreed CTC.
Instruction to follow;
1. Enter annual CTC amounts and, then select
the compliance settings as per your
establishment applicability,
2. Scroll down, you will view the Salary Structure
calculation based on details provided by you,
3. Done..! Bookmark this page for your regular
use.

Enter Yearly CTC amount?

270000

Enter Minimum Basic Wage monthly

amount as per State Act?

18200

Is PF applicable for this CTC?

Yes _____ No

Is PF Ceiling applicable for this CTC?

Limit upto Rs.15,000/- per month

Yes _____ No

Is ESIC applicable for this CTC?

Yes _____ No

Is Gratuity a part of your company policy?

Yes _____ No

Is Statutory Bonus applicable for this

CTC?

Yes _____ No

Is Professional Tax applicable, if yes than

enter monthly amount?

200

If any onetime PLI/Annual Bonus/Variable

Pay, etc part of CTC?

Enter yearly amount

CTC Calculated is as follows:

Below salary amount is calculated based

on the above amount and setting entered
by you. If there is any change in limits,
then you can make changes in below limits
to get desired CTC amount by clicking on
"Recalculate" button

1. Online Income Tax Calculator as per

☛
both tax regime Online Tax Calculator
2021-22
2. How to design CTC structure with limits
☛ Understanding Salary and
Reimbursement
3. Download various HR Templates ☛
Download Now

Recalculate

Fixed Allowance Type Monthly.Amt_ Yearly.Amt_ Limits/Wages

Fully
Basic Salary 18,200 218,400 0 %
Taxable

Hour Rent
Tax Exempt 0 0 0 %
Allowance

LTA Allowance Tax Exempt 0 0 0 %

Fully
Other Allowance 109 1,308 Balance
Taxable

Total Gross Salary 18,309 219,708

PF employer Employer
1,800 21,600 15,000
contribution rate 12%

ESIC employer Employer

0 0 0
contribution rate 3.25%

Gratuity employer Gratuity rate

875 10,500 18,200
contribution 4.81%

Bonus rate
Statutory Bonus 1,516 18,192 18,200
8.33%

Total CTC 22,500 270,000

PLI/Bonus/Variable Performance
0 0
Pay Pay

Total
CTC(Including 270,000
Variable)

PF employee Employee
1,800 21,600 15,000
contribution rate 12%

ESIC employee Employee

0 0 0
contribution rate 0.75%

Profesional Tax 200 2,400

Net take Home 16,309 195,708

If you want to download Advanced Excel CTC

Calculator combine with "Fixed allowance" +
"Reimbursment" along with option to set limits,
then download the latest automatic 'CTC Salary
Calculator Click here

About US
PayHR provides tools for HR and Payroll
professionals by providing online calculators for
Income Tax, Statutory Bonus, HRA exemption,
CTC Salary, Gratuity, etc. Still more to come...!

Read More

Contact Us

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For any questions drop an email to
Email : payhr.in@gmail.com

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