Payroll Calculator (India)
Calculate your Net In-Hand Salary from Gross Salary.
₹
Your total salary before deductions.
Assumptions:
- Basic Salary is 40% of Gross.
- PF is 12% of Basic Salary.
- ESI is 0.75% of Gross (if gross ≤ ₹21,000).
- Tax (TDS) based on New Regime (FY 25-26).
Net Monthly In-Hand Salary
₹ 0
(Total Deductions: ₹ 0)
Gross Salary
₹ 0
Total Deductions
₹ 0
Net In-Hand
₹ 0
Monthly Deduction Breakdown
Understanding Your Salary
Your "in-hand" salary is often much lower than your "CTC". This calculator helps you understand the difference.
CTC vs. Gross vs. Net
- CTC (Cost to Company): The total amount the company spends on you. Includes Employer's PF, Gratuity, Insurance.
- Gross Salary: Your salary before deductions (Basic + HRA + Allowances).
- Net Salary: The final amount that hits your bank account (Gross - PF - Tax).
Key Deductions Explained
1. Provident Fund (EPF)
A mandatory retirement saving. You contribute 12% of your Basic Salary. This calculator deducts your share.
2. ESI (Employee State Insurance)
A health insurance scheme mandatory for employees with a Gross Salary of ₹21,000 or less. The deduction is 0.75% of Gross Salary.
3. Income Tax (TDS)
The tax deducted by your employer every month. This calculator estimates TDS based on the New Tax Regime (FY 2025-26), which includes a standard deduction of ₹75,000 and tax rebate for income up to ₹12 Lakhs.