Take-home on a 12 lakh CTC
A candidate is offered 12,00,000 a year with basic set at half of CTC.
- Annual CTC
- 12,00,000
- Basic
- 50% of CTC
- Other deductions
- 0%
Result. Monthly gross 1,00,000, basic 50,000, PF 6,000, so take-home 94,000 a month or 11,28,000 a year. Indicative only: PF is 12% of basic and tax is not modelled.