Paycheck Calculator
Calculate your take-home pay and understand salary deductions. Get a clear picture of your net income after taxes and other deductions.
About Paycheck Calculator
Our Paycheck Calculator helps you understand your take-home pay and salary deductions. Whether you're negotiating a new job offer, planning your monthly budget, or just curious about your net income, this tool provides valuable insights into your salary structure.
Net Salary
Calculate your salary after deductions
Tax Calculation
Estimate your tax deductions
Salary Breakdown
View detailed salary analysis
Deductions
Track all salary deductions
How to Use the Calculator
Step 1: Enter Gross Salary
Input your total salary before deductions
Step 2: Set Tax Rate
Specify your applicable tax rate
Step 3: Add Deductions
Include any additional deductions
Step 4: View Results
Get detailed salary breakdown
Benefits
Financial Planning
Plan your monthly budget effectively
Salary Negotiation
Make informed salary decisions
Tax Planning
Optimize your tax savings
Financial Literacy
Understand your salary structure
Key Features
Net Salary Calculator
Calculate your take-home pay
Tax Calculator
Estimate tax deductions
Visual Analysis
Interactive charts and graphs
Export Results
Save and share your calculations
Frequently Asked Questions
How is take-home pay calculated?
Take-home pay is calculated by subtracting all deductions (taxes, insurance, retirement contributions, etc.) from your gross salary. The formula is: Take-home pay = Gross Salary - (Tax + Other Deductions).
What deductions are included in the calculation?
The calculator includes income tax, provident fund contributions, professional tax, and other statutory deductions. You can also add custom deductions like insurance premiums or loan EMIs.
How can I increase my take-home pay?
You can increase your take-home pay by optimizing your tax-saving investments, claiming eligible deductions, and reviewing your salary structure with your employer. Consider investing in tax-saving instruments like PPF, ELSS, or NPS.