In-hand salary

Commonly called ‘in-hand’ or ‘take home salary ‘is the salary you receive in your account after all the deductions such as TDS or PFs have been made by the employer. This might be different from your actual salary as not all employers do tax deductions or open EPS for their workers.

Example:
For example, if your total salary on the contract is 45,000 rupees. After all the deductions you get 42,000 in your account at the end of the month- this is your in hand salary.