1. What is Daily In-Hand Salary?

Daily In-Hand Salary represents the actual amount you take home each day after all deductions (income tax, PF, professional tax) from your gross annual salary. It helps in understanding your daily earnings and budgeting.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Gross Salary — Your total annual salary before any deductions
• Income Tax — Total annual tax deducted at source
• PF — Provident Fund contributions for the year
• Professional Tax — Annual professional tax paid
• 365 — Number of days in a year

3. Importance of Daily Salary Calculation

Details: Knowing your daily in-hand salary helps in personal financial planning, understanding your true earnings, and making informed decisions about daily expenses and savings.

4. Using the Calculator

Tips: Enter your gross annual salary and all deductions in INR. The calculator will compute your daily take-home pay. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What's included in gross salary?
A: Gross salary includes basic pay, allowances (HRA, DA, etc.), bonuses, and other cash components before any deductions.

Q2: How to find my income tax amount?
A: Check your Form 16 or salary slips for annual tax deductions. You can also use income tax calculators to estimate.

Q3: Is PF contribution mandatory?
A: For organizations with 20+ employees, PF contribution (12% of basic salary) is mandatory for employees earning up to ₹15,000/month.

Q4: What is professional tax?
A: Professional tax is a state-level tax on employment, typically ₹200-₹2,500/year depending on the state and salary.

Q5: Why divide by 365 instead of working days?
A: This gives your average daily earnings throughout the year, including weekends and holidays, for budgeting purposes.