Salary Calculator
Calculate your net take-home salary.
Salary Calculator
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%
Monthly In-Hand
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Annual CTC—
Annual Tax—
PF Deduction—
Net Annual Take-Home—
Convert gross salary to net salary with monthly and annual breakdowns. This salary calculator is useful for job offers, appraisals, and payroll planning in India and globally.
Gross vs net salary
Gross salary includes all components before deductions. Net salary is what reaches your bank account after tax, PF, and other payroll deductions.
Net salary formula
Net Salary = Gross Salary - (Income Tax + Employee PF + Professional Tax + Other Deductions)
Use monthly and annual views to understand cash flow and yearly tax impact.
Common salary components
- Basic pay
- HRA
- Special allowance
- Conveyance or LTA
- Bonus and variable pay
How to estimate take-home pay
- Enter annual CTC or gross salary
- Add recurring deductions like PF and professional tax
- Estimate tax based on chosen regime
- Check monthly in-hand number
- Adjust assumptions for bonus or reimbursement timing
Example salary conversion
Scenario: CTC is Rs 10,80,000 per year with estimated deductions.
Inputs
- Gross monthly: Rs 90,000
- Estimated monthly PF: Rs 3,600
- Estimated monthly TDS: Rs 7,000
- Professional tax: Rs 200
Calculation
- Total deductions = Rs 10,800
- Estimated in-hand = 90,000 - 10,800 = Rs 79,200 per month
Result: Approximate monthly net salary is Rs 79,200.
Frequently Asked Questions
No. CTC includes employer contributions and benefits not fully paid in cash monthly.
Bonus payouts, reimbursements, and tax adjustments can change monthly payout.
Yes. Replace deductions with local taxes and social security rules.
Employer PF is part of CTC but not part of monthly in-hand cash.