Take Home Salary After Tax Calculator
A Take Home Salary After Tax Calculator helps employees estimate their net income after deducting taxes, provident fund contributions, and other statutory deductions. It aids in financial planning by providing clarity on actual disposable income, ensuring accurate budgeting and savings strategies.
How to Use
Enter your gross annual salary, click "Calculate," and the tool will display your net salary after tax and common deductions. Use the "Clear" button to reset inputs and results instantly.
Calculator
Calculation Process
The calculator subtracts income tax (based on progressive slabs), provident fund (5%), and professional tax (if applicable) from the gross salary. For example, if gross salary is ₹6 lakhs, tax is calculated as 5% of ₹2.5-5 lakhs and 20% above ₹5 lakhs.