Check In-Hand Pay
About this Salary After Tax Calculator
Ever looked at your offer letter and felt happy, only to feel confused when the actual money hits your bank account? You are not alone. In India, most companies talk about “CTC” or Cost to Company. But that number is not what you get to spend. Our Salary After Tax Calculator helps you see the truth.
It takes your big yearly number and cuts away the taxes and other office deductions. In just one second, it tells you exactly how much money you will have each month for your rent, food, and fun. It’s built for regular people who want to understand their money without using a complex spreadsheet.
Why should you use this tool?
Most of us make the mistake of planning our life based on the Gross Salary. If your salary is ₹1 Lakh a month, you might think you can easily pay a ₹40,000 EMI. But after taxes and PF (Provident Fund) cuts, your real money might be only ₹80,000. Now that EMI looks much bigger!
Using this tool helps you avoid financial stress. It’s perfect for someone looking for a new job or someone who just got a promotion. You can quickly see if that “20% hike” is actually going to change your life or if most of it will go to the government as tax.
No account or login needed. Just type your salary and see the result instantly.
Never over-commit to a loan. Know your exact monthly budget before buying a car or house.
Tell your next boss what you want in “net pay” instead of just CTC so you don’t lose money.
It works perfectly on your phone. Use it while sitting in an interview or at a café.
How this helps your financial planning
Good money management starts with knowing your limits. When you know your in-hand salary, you can follow the simple 50-30-20 rule: 50% for needs, 30% for wants, and 20% for savings. You cannot do this with your Gross salary because tax isn’t yours to spend. By using our tool, you get a clear starting point for your monthly savings and investments in SIPs or gold.
It also helps you understand the impact of your tax slab. Many people find that a small increase in gross salary pushes them into a higher tax bracket, making the net gain smaller than expected. Our tool makes these hidden numbers visible to you instantly.
Common Questions (FAQ)
In-hand salary is the actual amount credited to your bank account after the company subtracts Income Tax (TDS), Provident Fund (PF), and Professional Tax.
CTC includes your basic pay plus benefits like health insurance, office space cost, and PF contributions from the company. Since these aren’t cash in your pocket, your in-hand pay is always lower.
In India, if you earn between 5L to 10L, you might pay around 10-15%. For above 15L, you might be in the 30% bracket. You can check your tax slab and enter it for an estimate.
No. Your EPF contribution is deducted from your gross pay every month. While this is your money for the future, you cannot spend it on daily needs today.