Salary Calculator is now live on Tools.Town — a comprehensive tool that takes your CTC and breaks it down into Basic, HRA, PF, income tax (old and new regime), professional tax, and final in-hand salary — so you know exactly what you’ll take home.
Whether you’re evaluating a job offer or planning your budget, Salary Calculator gives you the full picture.
What Does It Do?
CTC Breakdown
Splits CTC into individual components — Basic, HRA, LTA, PF, Special Allowance, and employer contributions.
Tax Comparison
Computes income tax under both old regime (with 80C, HRA deductions) and new regime for a side-by-side view.
In-Hand Salary
Shows monthly and annual take-home after all deductions — the number that actually hits your bank account.
Tax estimates are indicative. For filing purposes, always use official tax computation or consult a tax professional.
How It Works
Enter CTC
Enter your annual CTC. The tool suggests a standard salary split based on your total.
Adjust components
Modify Basic, HRA, and allowance breakdowns to match your actual offer letter.
See take-home
Get monthly and annual in-hand salary under both tax regimes, with a full deduction breakdown.
Why We Built It
Indian salary structures are opaque by design. CTC includes employer PF, gratuity provisions, and benefits that you never actually receive as cash — leading to a significant gap between the quoted number and what lands in your account. Salary Calculator makes that gap transparent so you can make informed decisions about job offers and compensation negotiations.
Try It Now
Salary Calculator
Break down CTC into monthly in-hand salary. Old vs new tax regime comparison, full deduction breakdown.
Also useful: HRA Calculator, Gratuity Calculator, and more finance tools.
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Frequently Asked Questions
What is the difference between CTC and in-hand salary?
Does it calculate income tax?
Can I add custom allowances?
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