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, and other statutory deductions from the gross salary.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• Gross Salary — Total salary before any deductions (INR/year)
• Income Tax — Tax deducted as per income tax slabs (INR)
• PF — Provident Fund contribution (INR)
• Professional Tax — State-level tax on employment (INR)

3. Importance of Salary Calculation

Details: Understanding your in-hand salary helps in financial planning, budgeting, and comparing job offers. It gives a clear picture of your actual take-home pay after all mandatory deductions.

4. Using the Calculator

Tips: Enter all values in Indian Rupees (INR). For accurate results, use your actual salary components from your payslip or offer letter.

5. Frequently Asked Questions (FAQ)

Q1: What's the difference between gross and in-hand salary?
A: Gross salary is your total salary 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 companies may deduct for health insurance, ESIC, or other benefits which aren't accounted for in this basic calculator.

Q3: How is income tax calculated?
A: Income tax is calculated based on your taxable income and applicable tax slabs as per Indian income tax laws.

Q4: Is professional tax the same across India?
A: No, professional tax rates vary by state in India, with some states not charging it at all.

Q5: Can I use this for monthly salary calculation?
A: Yes, just enter your monthly figures instead of annual ones, or divide the annual result by 12 for monthly in-hand salary.