CTC Calculator

How to use it

1. Enter payroll policy date from your records or declared policy assumptions.
2. Enter annual basic pay from your records or declared policy assumptions.
3. Enter annual dearness allowance from your records or declared policy assumptions.
4. Enter annual hra from your records or declared policy assumptions.
5. Enter other annual allowances from your records or declared policy assumptions.
6. Enter annual bonus or variable pay from your records or declared policy assumptions.
7. Enter employer pf contribution from your records or declared policy assumptions.
8. Enter gratuity provision from your records or declared policy assumptions.
9. Enter employer insurance and benefits from your records or declared policy assumptions.
10. Enter other employer benefits from your records or declared policy assumptions.

Formula

Annual CTC = earnings + variable pay + employer contributions + provisions + benefits.

CTC is an employer-policy total and is not the same as gross salary or in-hand pay.