Salary Calculator

A Salary Calculator is a financial tool designed to help employees and employers estimate take-home pay, tax deductions, and other compensation-related calculations. Users input details such as gross salary, pay frequency (monthly, bi-weekly, etc.), tax filing status, deductions (retirement contributions, insurance premiums), and location (for regional tax calculations). The calculator then provides a breakdown of net pay after taxes and deductions, along with annual summaries. Advanced versions may include bonus calculations, overtime pay, or compare different employment types (salaried vs. hourly). This tool is essential for personal financial planning and business payroll management.