Calculate Take Home Salary
Calculate your take-home salary after deductions and taxes
Salary Details
Enter your salary components
Salary Breakdown
About Salary Calculator
A salary calculator helps you calculate your take-home salary after deductions like Provident Fund (PF), Tax Deducted at Source (TDS), and other components. It helps you understand your net salary and plan your finances better.
Key Components
- Gross Salary: Total cost to company (CTC) before deductions
- PF Deduction: Employee Provident Fund contribution (typically 12% of basic salary)
- Tax: Income tax based on your tax regime and income slab
- Take Home Salary: Net salary after all deductions
Frequently Asked Questions
Take-home salary = Gross Salary - (PF + TDS + Professional Tax + Other Deductions). Gross salary includes basic salary, HRA, allowances, and bonuses.
CTC (Cost to Company) is the total cost incurred by the employer, including all benefits. Take-home salary is the amount you receive after all deductions. Take-home is typically 60-70% of CTC.
If you have significant deductions (home loan, insurance, investments), the old regime may be beneficial. If you have minimal deductions, the new regime with lower rates may be better. Use our calculator to compare both.
Common deductions include Provident Fund (PF), Tax Deducted at Source (TDS), Professional Tax, Employee State Insurance (ESI), and other voluntary deductions like insurance premiums.