Calculate net salary online

Enter your salary Details :

Your salary :

Know about your Salary structure

Basic Pay

It is a minimum pay given by the employer as per labor laws. Basic pay depends on qualification, work experience, designation etc. It is also known as Grade pay.

Allowances

It is paid by an employer to meet official or personal expenses.

Extra facilities provide by employer

Retirement Benefits

Bonus

if an employee earns profits than maybe distribute bonus. 

How to calculate HRA?

HRA is generally 50% or 40% of basic.

How to calculate PF amount of salary.

In India, PF amount is 12% of your basic salary and the equal amount is contributed by the employer.

Shortcut to calculate Net salary.

Divide CTC by 14.
If you divide your CTC by 14 you will get your approx net salary.


How to calculate tax on your salary?

The company gives some allowance that is totally tax-free:

Subtract above item in your CTC you will get the taxable salary. 

Example : CTC - (Medical - PF - HRA(if rented home) - Conveyance)

How calculate gross salary?

Gross salary is also known as CTC. It is a sum of all facility and Amount give by the employer. 

Gross salary / CTC = Basic + Medical + PF + HRA + Conveyance + Mobile bill + Other Allowance + etc