A salary calculator helps estimate monthly in-hand salary from an annual salary after selected payroll deductions.
Your gross salary and in-hand salary can be different because deductions such as employee provident fund, professional tax and other payroll deductions reduce the amount you receive.
This calculator provides a simple salary estimate using the deduction values you enter. Actual salary structures can include income tax, allowances, bonuses, insurance, employer contributions and other components.
Employee PF is not necessarily calculated as a percentage of total gross salary. Actual PF deductions can depend on eligible wages, salary structure and applicable rules. This calculator therefore uses the entered PF percentage only as an estimate.
Income tax is not included in this calculator. For a more complete take-home salary estimate, tax liability and other applicable payroll components should be considered separately.