Salary Calculator

Calculate CTC, gross salary, tax deductions and take-home salary in India

Salary Details

Enter your annual CTC amount

Affects HRA exemption calculation

New regime has different tax slabs and no deductions

Enter your salary details to calculate breakdown and take-home pay

Tax Regime Comparison (2024-25)

Old Tax Regime

₹0 - ₹2.5 lakh:0%
₹2.5 - ₹5 lakh:5%
₹5 - ₹10 lakh:20%
Above ₹10 lakh:30%
+ Deductions under 80C, 80D, etc.

New Tax Regime

₹0 - ₹3 lakh:0%
₹3 - ₹6 lakh:5%
₹6 - ₹9 lakh:10%
₹9 - ₹12 lakh:15%
₹12 - ₹15 lakh:20%
Above ₹15 lakh:30%
No deductions (except standard deduction)

Salary Components Explained

CTC (Cost to Company)

Total cost incurred by company including gross salary, employer PF, ESI, and other benefits.

Gross Salary

Total salary before deductions. Includes basic salary, HRA, allowances, and bonuses.

Basic Salary

Foundation component (usually 40-50% of CTC). Used for calculating PF, gratuity, and bonus.

HRA (House Rent Allowance)

50% of basic (metro) or 40% (non-metro). Eligible for tax exemption if paying rent.

Deductions Explained

Provident Fund (PF)

12% of basic salary (max ₹1,800/month). Employer also contributes 12%. Tax-free withdrawal after 5 years.

ESI (Employee State Insurance)

0.75% employee contribution if gross ≤ ₹21,000/month. Provides medical benefits.

Professional Tax

State-specific tax. Usually ₹200/month (₹2,400/year) in most states.

Income Tax

Based on tax slab and regime chosen. Includes 4% health and education cess.