India FY 2024-25

Salary Calculator India

Calculate take-home pay with PF, Professional Tax, and New Regime Income Tax

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Salary Input
50%
Deductions
Results
Gross Annual
₹9,00,000
Total Deductions
₹0
Net Annual Take-Home
₹9,00,000
Monthly Take-Home
₹75,000
Effective Tax Rate 0.00%
Detailed Breakdown
ComponentMonthlyAnnual
New Regime Tax Slabs (FY 2024-25)
₹0 – ₹3L → 0%
₹3L – ₹7L → 5%
₹7L – ₹10L → 10%
₹10L – ₹12L → 15%
₹12L – ₹15L → 20%
Above ₹15L → 30%
* Standard deduction of ₹75,000 applies under new regime
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About This Tool

Salary Calculator

Calculate your take-home salary, tax deductions, HRA, PF, and net pay from your CTC (Cost to Company) for India.

Why Use This Tool?

  • Know your exact in-hand salary before accepting a job offer
  • Calculate PF, ESI, professional tax, and income tax deductions
  • Compare two job offers by their actual take-home pay
  • Used by HR professionals for payroll planning and salary structuring
  • Plan personal finances around your actual monthly net salary

Overview

Understanding your actual take-home salary from your CTC (Cost to Company) is one of the most important financial literacy skills for any salaried employee in India. The gap between CTC and in-hand salary can be significant — often 20–40% of the CTC is deducted for various statutory and voluntary deductions. Our Indian Salary Calculator breaks down a complete CTC into its components: Basic Salary, HRA (House Rent Allowance), special allowances, PF (Provident Fund) contributions from both employee and employer, professional tax, income tax (TDS), and any other standard deductions. See exactly how much arrives in your bank account every month versus what your CTC states. This tool is invaluable for job seekers evaluating offer letters, HR professionals structuring compensation packages, payroll executives computing monthly payroll, and employees wanting to understand why their in-hand salary differs from what they expected.

How to Use

  • 1

    Enter Annual CTC

    Input your total annual Cost to Company figure as stated in your offer letter or current payroll.

  • 2

    Enter CTC Breakup

    Add the individual components: Basic Salary %, HRA, Special Allowance, PF details, LTA, and other allowances.

  • 3

    Set Tax Regime

    Choose Old Tax Regime or New Tax Regime (introduced in FY 2020-21) to calculate income tax accordingly.

  • 4

    Enter Deductions

    Add voluntary deductions like additional PF, professional tax (based on your state), and other deductions.

  • 5

    View Take-Home Salary

    See Monthly In-hand Salary, Annual CTC breakdown, all deductions itemised, and effective tax rate.

Frequently Asked Questions

CTC (Cost to Company) includes your salary plus employer's PF, gratuity, insurance, etc. Take-home = CTC minus employee PF, income tax, professional tax, and other deductions.
HRA (House Rent Allowance) is a component of salary for employees living in rented accommodation. It is partially tax-exempt based on actual rent paid, salary, and city.
Professional tax is levied by state governments on salaried employees. It ranges from ₹200–₹2,400 annually depending on your state and salary slab.
The old regime allows multiple exemptions (HRA, 80C, etc.) with higher tax rates. The new regime has no exemptions but lower tax rates. Choose whichever results in less tax for your situation.
Yes for central taxes (PF, income tax). Professional tax varies by state — the calculator uses common state-wise PT slabs. Verify your specific state's PT slab if in doubt.