CTC to in-hand salary calculator

CTC (cost to company) is the employer's total annual cost of employing you, it includes the employer's own SSF or EPF contribution, which never reaches your bank account. Gross salary is CTC minus that employer contribution. Take-home is gross minus your own (employee) SSF/EPF contribution and income tax. The three numbers are always CTC ≥ gross ≥ take-home.

Pick whichever scheme your employer actually registers you under, most newer private-sector employers use the Social Security Fund (SSF: employer 20% + employee 11% of basic), while some older or public-sector employers still use the Employees Provident Fund (EPF: employer 10% + employee 10% of basic). The two are mutually exclusive for a given job, check your offer letter or payslip.

No, festival bonus is out of scope for this calculator. Nepali law entitles most employees to a Dashain allowance of one month's basic salary, paid separately from the regular monthly payroll this tool models. Some employers fold an estimate of it into a headline CTC figure, if yours does, subtract it before entering your CTC here for an accurate monthly figure.

There is no simple closed-form formula from take-home back to CTC, because income tax is a progressive, banded calculation. Instead, the calculator searches for it: it repeatedly tries a candidate CTC, runs it through the same forward calculation, and narrows the range (bisection) until the resulting take-home matches your target to a fraction of a rupee.

SSF/EPF contributions and several allowances are legally calculated on basic salary, not gross or CTC, so the split matters. Many Nepali pay structures set basic near 50% of CTC, but this varies by employer. Check your offer letter or payslip for the exact figure and adjust the field above to match.