Engineered specifically for Indian salaried professionals and HR teams. Model monthly take-home pay, compute employer EPF contributions under EPFO norms, solve reverse CTC requirements for salary negotiations, and calculate statutory gratuity entitlements under the Payment of Gratuity Act 1972.
Statutory formulas verified against current Government of India regulations.
Compute exact monthly take-home salary, Employee EPF, Employer PF, Professional Tax, and TDS with Budget 2024 ₹75,000 standard deduction.
Compute statutory gratuity payout based on continuous service tenure, 15/26 formula, 6-month rounding, and ₹20 Lakh tax exemption cap.
Evaluate appraisal increments or job offers. Calculate new monthly take-home, net monthly increase, and variable pay splits.
Know your desired monthly in-hand cash? Reverse solve the exact minimum annual CTC package you must negotiate in interviews.
Calculate your EPF corpus at age 58 with 8.25% interest rate, 12% employee/employer split, and EPS pension.
Calculate post-appraisal salary hike, revised monthly in-hand pay, post-tax incremental gain, and real inflation-adjusted raise.
Convert CGPA/SGPA to percentage and percentage back to CGPA with CBSE (x9.5), AICTE, and custom university formula presets.
Learn why your in-hand salary is lower than your CTC. Clear breakdown of basic salary, HRA, employer EPF, gratuity, professional tax, and statutory TDS rules.
Compare Old vs New Tax Regime for FY 2025-26 (AY 2026-27) & FY 2024-25 (AY 2025-26). Understand ₹75,000 standard deduction, Section 87A rebate, HRA, 80C exemptions, and breakeven deduction thresholds.
In-hand salary equals Gross Salary minus employee statutory deductions (12% Employee EPF, Professional Tax, and Income Tax TDS). CTC includes additional employer expenses like 12% Employer EPF, 4.81% Gratuity reserve, and insurance premiums that are not credited to your monthly bank account.
Under the New Tax Regime (Section 115BAC) for FY 2025-26 and FY 2024-25, the standard deduction is ₹75,000. Under the Old Tax Regime, the standard deduction is ₹50,000.
Gratuity is calculated using the formula: (15 × Last Drawn Basic Salary × Completed Years of Service) ÷ 26. An employee must complete a minimum of 5 continuous years of service to qualify.
A salary hike focuses on the percentage increase and the resulting new monthly in-hand bank credit after a job switch or promotion. A salary increment focuses on annual appraisal raises, internal compensation restructuring, and real purchasing power growth adjusted for retail inflation.