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Take Home Salary (PDF)
Cost To Company (CTC) (PDF)
CTC + Take Home Salary (PDF)
CALCULATING
Take Home (In-Hand) Salary Calculator - India
Set Up values
Gender:
Male
Female
Senior Citizen
Residence:
Delhi
Mumbai
Kolkata
Chennai
Other City
Fin. Yr.:
Apr 2010-Mar 2011
Apr 2011-Mar 2012
Apr 2012-Mar 2013
Start From:
Apr (12 months)
May (11 months)
Jun (10 months)
Jul (9 months)
Aug (8 months)
Sep (7 months)
Oct (6 months)
Nov (5 months)
Dec (4 months)
Jan (3 months)
Feb (2 months)
Mar (1 month)
CALCULATING
Earnings
Investments/Expenses
Home Loan
Tax Rebates (Flexi Baskets)
All values are MONTHLY unless specifically mentioned.
Basic
PF (Employer)
Fixed Amount
12% of Basic
VPF/EPF
(Employee)
Fixed Amount
12%
24%
36%
48%
60%
72%
100%
Insurance Prem. By
Employer (Yearly)
Medical Allow.
Bills Given
LTA
Bills Given
Conveyance
Food Coupons (If any)
Other Income/
Allowance
HRA
CLA
All values are YEARLY unless specifically mentioned. These help in saving tax.
Donations (if any)
Investments (if any)
Home Rent Paid (Monthly)
Medical Insurance Premium
Paid By You
Education Loan Interest
Home Loan Details (For Tax Benefits). YEARLY values should be entered unless specifically mentioned.
Principal (if any, Yearly)
Interest (if any, Yearly)
Tax Rebates (Flexi Baskets). MONTHLY values should be entered unless specifically mentioned.
Total Allowances
Max. Tax Exemption Allowed
Analysis
Amount
Actual Change
Amount
Actual Change
CTC (Cost To Company) (Yearly)
Gross Salary (Monthly)
Total Tax (Yearly)
Total Tax (Monthly)
In Hand Salary (Yearly)
In Hand Salary (Monthly)
Taxable Income:
Gratuity (Yearly)
% of Tax (On Gross Salary):
% of Tax (On Taxable Income):
How to lower tax and increase In-Hand (Take Home) Salary:
Using investments/expenses:
Total Yearly Tax That Can Be Saved:
Total Monthly In-Hand That Can Be Increased:
Using restructuring of package components:
Total Yearly Tax That Can Be Saved:
Total Monthly In-Hand That Can Be Increased:
CALCULATING
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How To Use The Take-Home Salary Calculator
You would have noticed that there is no button to say 'Submit' or 'Calculate' to actually calculate the values. Don't worry, we have made this calculator smart enough to identify your changes and recalculate all values on each of your modification. This will help you in making changes on the go and still find various combinations of various components of your salary package to maximize your in-Hand or take home salary.
The most important component of a salary package is
Basic Salary
. All other values normally depend on this basic salary amount. Hence,
Once you specify your basic salary, the calculator computes various other dependent value on its own.
Once the calculator computes various values, you can keep changing them according to your salary package components and you will immediately see the recalculated tax and in hand salary.
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MEET THE AUTHOR
Anil Gupta (nick name - Soan) is a software engineer by profession, has interests in personal finance and upcoming technologies and hence this blog :)
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