Salary & Payroll Calculators

How a Salary Increment Is Calculated

A salary increment multiplies your current salary by the increment percentage to find the raise amount, then adds it back to get your new salary — a simple calculation, but one that applies equally to CTC, gross, or basic figures depending on which one you enter.

How to Calculate Your Take-Home Salary from CTC

Your take-home salary is your CTC (Cost to Company) minus employer PF contribution, employee PF contribution, professional tax, and income tax — CTC is what your employer spends on you in total, not what actually reaches your bank account, and the gap between the two is often 20-25% or more.

How Your Annual Salary Splits Into Monthly Basic and Allowances

Converting an annual salary to a monthly figure is a straight division by 12, and splitting that monthly figure into basic pay and allowances uses whatever basic percentage your employer sets.

HRA Exemption: How Much of Your HRA Is Actually Tax-Free?

Your tax-free HRA is the LEAST of three amounts — the actual HRA you received, your rent paid minus 10% of basic salary, or 50% of basic salary (metro cities) / 40% (non-metro) — so simply receiving a large HRA doesn't mean all of it is exempt, and the exemption is only available under the old tax regime.

Old vs New Tax Regime — Which Should You Choose for FY 2026-27?

The new tax regime generally suits taxpayers with few deductions (it has lower rates but no 80C/HRA/home-loan-interest benefits); the old regime can work out cheaper if your eligible deductions are large enough to offset its higher slab rates — the crossover point depends on your specific income and deductions.