Fixed Deposit Returns Calculator Take Home Salary calculator

Take Home Salary Calculator - Calculate Take Home Salary India

Please enter your complete CTC excluding Variable performance bonus/VPB

Component Yearly Monthly
Gratuity

Normally 4.81% of Basic salary

-19240 -1603
Employer PF

Normally 12% of Basic salary

-48000 -4000
CTC After Retirals 932760 77730
Basic Salary

Normally 40% of total CTC

+400000 +33333
HRA

Normally 40% of Basic for non-metro and 50% of Basic for metro

+160000 +13333
Food Coupons

26400 per year

-19200 -1600
Advance Bonus/Exgratia

26400 per year

+16800 +1400
Employee PF

Normally 12% of Basic salary

-48000 -4000
Professional Tax

2400 per year

-2400 -200
Personal Pay/FBP/Flexi

Normally left over amount after all components

+286360 +23863
Total Income

Total Income after excluding retirals and exemptions

86316071930
Taxable Income

Taxable income after excluding HRA, food coupons and 80C(1,50,000)

53636044697
Income Tax

-19772-1648
Take Home Salary

Approxmetly

84338870282
Your approxmiate take home salary will be : 70282

  • CTC: this is the total cost to company includng retirals, FP, insurance etc
  • Emloyer NPS Deduction: this is the employer deduction towards NPS and it is tax free
  • Basic Salary: this is a component in total CTC, normally this is 40% in CTC, may vary from company to company
  • HRA (house rent allowance ): this is the allowance for employee expendature towars house rent
  • Food Coupons: this a tax free amount and provided in the form coupons ex: SODEXO
  • Medical Insurance Deduction: deduction towards medical insurance for employee/employee family
  • Employer PF: PF company contribution, it is 12% of basic
  • Employee PF: Employee contribution for PF, it is 12% of basic
  • Professional Tax: this is levied by state governaments and here we take average 200 per month
  • Personal Pay/FBP/Flexi pay: leftover amount after all deductions and after all salary components