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PicMyTool.com › Finance › Salary Calculator
FREE FINANCE TOOL

Salary Calculator made flexible.

Build your own salary structure, select a company type, edit salary components and calculate your estimated monthly in-hand salary instantly.

Salary Details

Fully editable

Company Type / Salary Structure

Select preset

CTC & Salary

Annual values
Total employer cost
₹
₹0 ₹50 L+
Annual
₹

Earnings Components

Edit manually
On Component Value Type

Employer Contributions

Part of CTC
On Component Value Type

Employee Deductions

Reduces take-home
On Component Value Type

Income Tax / TDS

Editable estimate
₹
Tax Slab Rate %
0 – ₹4 Lakh
₹4 – ₹8 Lakh
₹8 – ₹12 Lakh
₹12 – ₹16 Lakh
₹16 – ₹20 Lakh
₹20 – ₹24 Lakh
Above ₹24 Lakh
Tax rates are editable estimates. Actual income tax/TDS depends on the applicable financial year, deductions, exemptions, cess, surcharge and individual tax situation.

Calculation Options

MONTHLY IN-HAND SALARY
₹0.00
estimated per month
Annual Take-Home ₹0.00
Annual CTC ₹0.00
Monthly Gross Salary ₹0.00
Employee PF / Month ₹0.00
Professional Tax / Month ₹0.00
Income Tax / TDS / Month ₹0.00
Total Deductions / Year ₹0.00
Take-Home Percentage 0.00%
EARNINGS
Total Gross Earnings ₹0.00
EMPLOYER CONTRIBUTIONS
Employer Cost ₹0.00
EMPLOYEE DEDUCTIONS
Total Deductions ₹0.00
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What is a Salary Calculator?

A salary calculator helps estimate your monthly take-home salary from your annual CTC and selected salary components.

Different companies structure CTC differently. MNCs, IT companies, startups, private companies and government organisations can have different allowances, bonuses and employer contributions.

PicMyTool's calculator therefore allows you to manually edit the salary structure instead of forcing one fixed formula on every employee.

You can enable or disable components, select percentage or fixed amounts, add custom earnings and deductions, and immediately see the effect on your estimated monthly in-hand salary.

Salary Calculation

CTC
− Employer Contributions
= Gross Earnings

Gross Earnings
− Employee Deductions
= Estimated Take-Home

Results are estimates. Actual payroll may vary based on company policy, applicable tax rules, PF limits, professional tax rules, exemptions, bonuses and other employee-specific deductions.

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