1. What is In-Hand Salary?

In-Hand Salary is the actual amount an employee receives after all deductions like income tax, provident fund (PF), professional tax, etc. It's the net salary credited to your bank account.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Gross Salary — Total salary before any deductions
• Income Tax — Tax deducted as per income tax slabs
• PF — Employee's contribution to Provident Fund
• Professional Tax — State-level tax on employment

Explanation: This calculation gives you the net amount you'll receive after mandatory deductions applicable to Indian government employees.

3. Importance of Salary Calculation

Details: Understanding your in-hand salary helps in financial planning, loan applications, and assessing your take-home pay after all statutory deductions.

4. Using the Calculator

Tips: Enter all amounts in Indian Rupees (INR). For accurate results, use your actual salary breakdown from your payslip or employer.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between gross and in-hand salary?
A: Gross salary is your total earnings before deductions, while in-hand salary is what you actually receive after all deductions.

Q2: Are there other deductions not included here?
A: Yes, some employees may have additional deductions like insurance premiums, loan repayments, or other voluntary deductions.

Q3: How often is professional tax deducted?
A: Professional tax is typically deducted monthly, though the amount varies by state in India.

Q4: Is PF contribution fixed?
A: For government employees, PF is usually 12% of basic salary plus DA, but rates may vary in some cases.

Q5: Can I use this for private sector employees?
A: While the basic formula works, private sector deductions might include different components like ESIC, so results may vary.