Salary Calculator

Salary is compensation that companies pay to their employees for their services in the company. ET Money’s in-hand salary calculator enables you to estimate the net salary you will receive at the end of the month. Let’s understand more about this in-hand salary calculator in detail.

Calculate your in-hand salary

Your current CTC

Variable component

Basic pay is 50% of CTC

Monthly
Yearly

Your inhand salary is

1.2 lakhs/month

Salary break-up

Total CTC

₹20,00,000

In Hand Salary ₹1.2 lakhs /month

Income tax ₹1.2 lakhs /month

HRA₹1.2 lakhs/month

Investments ₹1.2 lakhs /month

EPF₹1.2 lakhs/month

Gratuity ₹1.2 lakhs /month

Re-calculate your in-hand salary

CTC, variable and basic pay

Your current CTC

Variable component

Optional

Basic pay is 50% of CTC

HRA and rent

City type

Metro Non-Metro

Monthly rent

Optional

Annual HRA (House Rent Allowance)

Optional

EPF, gratuity and allowances

Monthly EPF

Minimum (1800) 12% of the basic pay

Annual gratuity

Optional

Taxes & investments

Tax regime

Old new

Yearly investment

Maximum you can save is ₹2,25,000. This includes all investment under 80C, 80D, 80CCD.