Take Home Salary Calculator
Take Home Salary Calculator
Take Home Salary Calculator
Determine Net Earnings
Determine Net Earnings
Instantly find your accurate in hand salary, deductions, and net pay with our expert calculator for professionals in India
Instantly find your accurate in hand salary, deductions, and net pay with our expert calculator for professionals in India
Disclaimer:This tool is provided to help you generate estimates based on the details you enter. While Razorpay strives to offer reliable and useful outputs, the results may not always be precise or error-free. Razorpay does not guarantee the accuracy of the calculations and cannot be held responsible for any discrepancies, outcomes, or decisions that stem from using this tool. By continuing to use the tool, you acknowledge and accept full responsibility for any results derived from it.
The Take Home Salary Calculator helps you instantly compute your in hand salary after all deductions, providing clarity for professionals in India. Whether you're negotiating a new job offer, planning your monthly budget, or understanding your payslip, this tool is designed for accuracy and ease. Use it to bridge the gap between your offered CTC (Cost to Company) and your real monthly bank credit
Benefits of Using the Salary Calculator
Instant & Accurate
Error-free calculations to avoid manual mistakes
Comprehensive Break-up
Complete salary details including in hand pay and all deductions
Financial Planning
Budget and tax planning support for professionals and HR teams
Negotiation Support
Analyze offer letters for job seekers and employers
Different Components of Salary in India
Basic Pay: The fixed part of your salary forming the base for allowances and deductions.
House Rent Allowance (HRA): Helps with accommodation expenses.
Special Allowance: Additional compensation, often variable.
Provident Fund (PF): Mandatory retirement contribution, deducted from salary.
Professional Tax: State-level tax deducted from salary.
Tax Deducted at Source (TDS): Income tax withheld by the employer.
Other Benefits: Medical, travel, LTA, and bonuses.
What is the Difference Between CTC and Take Home Salary?
CTC (Cost to Company): The total annual cost incurred by your employer, including all benefits and deductions.
Take Home/Net Salary: The actual amount credited to your account after statutory deductions (like PF, TDS, professional tax, etc.).
Your in hand salary is always less than CTC due to these compulsory components
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