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Paycheck calculator, take-home pay, statutory withholdings, and salary hikes.
Calculate exact monthly take-home salary from your annual CTC after EPF, PT, and Income Tax deductions.
Calculate your tax-exempt HRA amount under Section 10(13A) of the Income Tax Act.
Calculate exact monthly take-home salary from your annual CTC package after PF, PT, and Income Tax deductions.
Convert salaries across US, UK, Canada, Australia, Germany/EU, and India using World Bank Purchasing Power Parity factors.
Gross CTC (Cost to Company) represents total employer expenditure, including employer EPF, gratuity, and health insurance. In-Hand Salary is your net monthly credit after statutory deductions (PF, Professional Tax, and TDS).
By statutory mandate under the EPFO Act 1952, employees contribute 12% of their Basic Salary plus Dearness Allowance (DA). The employer matches this 12%, split into 3.67% EPF and 8.33% EPS (up to ₹1,250/mo on the ₹15,000 ceiling).
HRA exemption is the minimum of three amounts: (1) Actual HRA received, (2) 50% of Basic Salary for metro cities (40% for non-metros), or (3) Actual rent paid minus 10% of Basic Salary.
Professional Tax is a state-levied tax on salaried employment capped by the Indian Constitution at a maximum of ₹2,500 annually (typically deducted at ₹200 per month with ₹300 in February).