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Salary Calculator
Estimate your net annual and monthly take-home pay from gross salary, PF on your Basic + DA, professional tax and the income tax you expect to pay.
Break down gross salary into PF on Basic + DA, professional tax, income tax and net pay.
Set to 50% of gross, a common structure. Enter the Basic + DA from your payslip.
Filled in from the income-tax calculator (new regime, salary standard deduction). You can change it.
Free to run · to save projections to your live dashboard
Enter values and click Calculate to see results
Worked example
Calculated by the same engine as the calculator above.
- Inputs
- Gross Annual Salary
- ₹12,00,000
- Annual Basic + DA
- ₹6,00,000
- Employee PF (% of Basic + DA)
- 12
- Professional Tax (Annual)
- ₹2,500
- Estimated Annual Tax
- ₹0.00
- Result
- PF Deduction
- ₹72,000
- Professional Tax
- ₹2,500
- Estimated Tax
- ₹0.00
- Net Annual
- ₹11,25,500
- Net Monthly
- ₹93,792
Formula
Net annual = G - B × p / 100 - PT - T; Net monthly = Net annual / 12
- G = gross annual salary
- B = annual Basic + DA (filled in as 50% of gross; enter your payslip figure)
- p = employee PF rate on Basic + DA (12% by default)
- PT = professional tax for the year (₹2,500 by default)
- T = estimated annual income tax (filled in from the Income Tax calculator, new regime; you can change it)
Assumptions
- Employee PF is the rate you enter applied to the full Basic + DA you enter. If your employer caps PF at the ₹15,000 a month wage ceiling, enter ₹1,80,000 as Basic + DA or lower the rate.
- Professional tax defaults to ₹2,500 a year, the most common state maximum; some states charge less or none, so enter your state's figure.
- In INR, income tax is filled in from the Income Tax calculator (new regime, salary standard deduction, no other deductions) and updates with gross salary until you type your own figure. In other currencies you enter it.
- Employer PF, gratuity and other deductions are not included. Net monthly is net annual divided equally by 12.
- Educational estimate only, not financial advice. Capitallytics does not execute transactions.
Salary Calculator FAQ
Answers about how this calculator works.
Is PF calculated on basic salary or gross salary here?
On Basic + DA, as EPF is. Basic + DA starts at 50% of gross; replace it with the figure on your payslip for an accurate PF deduction.
Does this calculator compute my income tax?
In INR, yes: the tax field is filled in from the Income Tax calculator for the new regime. If you use the old regime or have other deductions, type your own figure; it is then kept.
Is professional tax deducted?
Yes. It defaults to ₹2,500 a year, the usual maximum in states that levy it. Enter 0 if your state does not charge professional tax.
Why is my payslip different?
Payslips include items this calculator ignores, such as variable pay timing, reimbursements, VPF and TDS spread unevenly across months.