Finance Calculator
Salary Calculator
Calculate your take-home salary, deductions, taxes, Provident Fund, and net income with detailed breakdown.
Take-Home Salary Calculator
Calculate your in-hand salary after all deductions and taxes based on Indian tax laws
₹
Provident Fund (PF)
Employee contribution to EPF
%
Professional Tax
State-wise professional tax
₹
TDS/Income Tax
As per income tax slabs
₹
House Rent Allowance (HRA)
Exempt from tax based on rent
₹
Standard Deduction
Fixed deduction for salaried
₹
80C Investments
PPF, ELSS, Insurance, etc.
₹
Annual Gross: ₹ 12,00,000
₹ 86,456
Monthly Take-Home
₹ 12.0L
Total Earnings
₹ 3.3L
Total Deductions
₹ 1.1L
Income Tax
₹ 1.4L
Provident Fund
Salary Composition
Net Take-Home
Total Deductions
📊 Detailed Breakdown
Earnings & Allowances
Basic Salary
₹ --
House Rent Allowance (HRA)
₹ --
Special Allowance
₹ --
Other Allowances
₹ --
Deductions
Provident Fund (Employee)
₹ --
Professional Tax
₹ --
Income Tax (TDS)
₹ --
Standard Deduction
₹ --
📋 Income Tax Slabs (New Regime)
Up to ₹ 3,00,000
0%
₹ 3,00,001 - ₹ 6,00,000
5%
₹ 6,00,001 - ₹ 9,00,000
10%
₹ 9,00,001 - ₹ 12,00,000
15%
₹ 12,00,001 - ₹ 15,00,000
20%
Above ₹ 15,00,000
30%
💡 Tax Saving Tips
- Maximize 80C investments (₹1.5L limit): PPF, ELSS, Life Insurance, Home Loan Principal
- Claim HRA exemption by submitting rent receipts to employer
- Utilize 80D for health insurance premiums (₹25,000 self, ₹50,000 parents)
- Consider NPS for additional ₹50,000 deduction under 80CCD(1B)
- Opt for new tax regime if deductions are less than ₹1.5 lakhs