Paycheck Calculator
Calculate your take-home pay and understand salary deductions. Get a clear picture of your net income after taxes and other deductions.
About Paycheck Calculator
Our Paycheck Calculator helps you understand your take-home pay and salary deductions. Whether you're negotiating a new job offer, planning your monthly budget, or just curious about your net income, this tool provides valuable insights into your salary structure.
Net Salary
Calculate your salary after deductions
Tax Calculation
Estimate your tax deductions
Salary Breakdown
View detailed salary analysis
Deductions
Track all salary deductions
How to Use the Calculator
Step 1: Enter Gross Salary
Input your total salary before deductions
Step 2: Set Tax Rate
Specify your applicable tax rate
Step 3: Add Deductions
Include any additional deductions
Step 4: View Results
Get detailed salary breakdown
Benefits
Financial Planning
Plan your monthly budget effectively
Salary Negotiation
Make informed salary decisions
Tax Planning
Optimize your tax savings
Financial Literacy
Understand your salary structure
Key Features
Net Salary Calculator
Calculate your take-home pay
Tax Calculator
Estimate tax deductions
Visual Analysis
Interactive charts and graphs
Export Results
Save and share your calculations
Understanding Your Indian Salary Slip
Indian payslips split compensation into Basic, HRA, Special Allowance, and Employer PF. Basic is typically 40–50% of CTC — it drives PF (12% employee + 12% employer on Basic, capped at ₹15,000 Basic for statutory PF). HRA exemption depends on rent paid and city (50% of Basic for metros, 40% elsewhere under old regime rules).
Worked example — ₹15 lakh CTC, Bengaluru: Assume Basic ₹6L/year (₹50k/month), HRA ₹3L, Special ₹4.2L, Employer PF ₹1.8L. Employee PF ₹1.8L (12% of Basic). Professional tax ₹200/month (Karnataka). After standard deduction and 80C (PF + ₹1.5L), monthly in-hand often lands around ₹95,000–1,02,000 depending on tax regime (old vs new) and actual rent declared — enter your components in this calculator for a personalised split.
Common deductions: TDS under Section 192, employee PF, professional tax (state-specific), ESI if applicable (salary below threshold), group health premium, and voluntary NPS/VPF. Variable pay (bonus/RSU) is taxed in the receipt year.
Written by our Tools Editor. Deep dive: How to Save Income Tax in India and Income Tax Calculator.
Frequently Asked Questions
How is take-home pay calculated?
Take-home pay is calculated by subtracting all deductions (taxes, insurance, retirement contributions, etc.) from your gross salary. The formula is: Take-home pay = Gross Salary - (Tax + Other Deductions).
What deductions are included in the calculation?
The calculator includes income tax, provident fund contributions, professional tax, and other statutory deductions. You can also add custom deductions like insurance premiums or loan EMIs.
How can I increase my take-home pay?
You can increase your take-home pay by optimizing your tax-saving investments, claiming eligible deductions, and reviewing your salary structure with your employer. Consider investing in tax-saving instruments like PPF, ELSS, or NPS.