75% Complete
 
{{sectionName}}   Reset   Share
{{salary.MonthlyInHand| currency:"":0}} ({{salary.MonthlyInHand >= oldSalary.MonthlyInHand ? '+' : ''}}{{(salary.MonthlyInHand - oldSalary.MonthlyInHand)| currency:"":0}})in-Hand(M) {{salary.MonthlyInHand| currency:"":0}}
{{salary.MonthlyVPF| currency:"":0}}VPF(M) deduction {{salary.MonthlyVPF| currency:"":0}}
{{((salary.YearlyTax / (salary.SalaryMonths + 1)) + salary.SubsequentMonthProfessionalTax)| currency:"":0}}Tax(M) {{((salary.YearlyTax / (salary.SalaryMonths + 1)) + salary.SubsequentMonthProfessionalTax)| currency:"":0}}

Financial Year

{{salary.FinancialYear}} - {{(1 * salary.FinancialYear) + 1}}

2015-16 2014-15 2013-14 2012-13 2011-12

Job Start Date

{{localAngularJSDate| date: 'MMMM d, y'}}

Work Location

{{sharedVariables.localCurrentStateFullName}}

{{item.display}}

Residence in Metro City

Chennai, Delhi, Mumbai or Kolkata

Gender

{{salary.MaleOrFemale}}

Male Female

Senior Citizen

>60 Years

Generate Short Link (URL) Income: CTC  
 
  Basic Y: {{salary.MonthlyBasic*12| currency:" ":0}}Yearly Total M: {{salary.MonthlyBasic| currency:" ":0}}Monthly Total
Enter valid Number. No Comma allowed.
That's a little ridiculous. We doubt event Bill Gates could afford that.
Value cannot be negative.
  FB Y: {{EarningFlexiTotalYearly = (EarningFlexiTotalMonthly * 12)| currency:" ":0}} M: {{EarningFlexiTotalMonthly = (salary.MonthlyHRA + salary.MonthlyLTA + salary.MonthlyMedicalAllowance + salary.MonthlyConveyance + salary.MonthlyFoodCoupons + salary.MonthlyOtherAllowances)| currency:" ":0}}
Enter valid Number. No Comma allowed.
HRA cannot exceed Basic pay.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Amount seems too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Amount seems too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Amount seems too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Amount seems too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
That's a little ridiculous. We doubt event Bill Gates could afford that.
Value cannot be negative.
  Bonus (Y)Y: {{salary.YearlyBonus| currency:" ":0}}
Enter valid Number. No Comma allowed.
That's a little ridiculous. We doubt event Bill Gates could afford that.
Value cannot be negative.
 
PFY: {{(salary.MonthlyPF + salary.MonthlyVPF)*12| currency:" ":0 }}M: {{(salary.MonthlyPF + salary.MonthlyVPF)| currency:" ":0 }}
Enter valid Number. No Comma allowed.
Cannot exceed 100% of Basic.
Value cannot be negative.
  Set Minimum EPF (by Law)
Enter valid Number. No Comma allowed.
Cannot exceed 100% of Basic.
Value cannot be negative.
  Set Minimum VPF (By Law)
Retirals Not paid monthly.Y: {{EarningRetiralsTotalYearly = (salary.YearlyGratuity + salary.YearlySuperAnnuation + salary.YearlyMedicalInsurancePremiumByCom + salary.YearlyOtherNonTaxNonCashBenefits)| currency:" ":0}}
Enter valid Number. No Comma allowed.
Cannot exceed 100% of Basic (Full year).
Value cannot be negative.
  Set Minimum Gratuity (By Law)
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
 
Reimbursements Taxable (Y): {{(salary.MonthlyFBTEarnings * 12) - (salary.MonthlyFBTRebates * 12)| currency:" ":0}}Y: Yearly Total
Enter valid Number. No Comma allowed.
That's a little ridiculous. We doubt event Bill Gates could afford that.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Rebates cannot exceed Allowances.
Value cannot be negative.
  Set Up Generate Short Link (URL) Tax Savers 
  Invest
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
  Expense
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
  Loan
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.
Enter valid Number. No Comma allowed.
Value is too high for real world.
Value cannot be negative.

Increase in-Hand by saving tax suggestions will appear below, if any

  80C Invest {{getTEA(salary._tsCurrentTaxSlab.MaxInvestment, salary.YearlyGross80CInvestments)| currency:"":0}} more
To increase Monthly in-hand by
Total yearly tax saving
{{salary.YearlyTaxSavingWith80CInvestAvail| currency:"":0}}
Add
  Invest in Pension {{getTEA(salary._tsCurrentTaxSlab.MaxInvestment80ExtraScheme, salary.YearlyInvestment80CExtraScheme)| currency:"":0}}
To increase Monthly in-hand by
Total yearly tax saving
{{salary.YearlyTaxSavingWith80CExtraInvestAvail| currency:"":0}}
Add
  Give Medical Bills {{salary.YearlyMedicalTEA| currency:"":0}}
To increase Monthly in-hand by
Total yearly tax saving
{{salary.YearlyTaxSavingWithMedBills| currency:"":0}}
Add
  Show Rent Receipts {{salary.OptimumRentMonthly| currency:"":0}} (M)
To increase Monthly in-hand by
Total yearly tax saving
{{salary.YearlyTaxSavingWithRent| currency:"":0}}
Your Current Rent
{{salary.MonthlyRentPaid| currency:"":0}}
Add
  Income Generate Short Link (URL) in-Hand 
Start Month ({{salary.SalaryStartDate | date:'dd-MMM-yy'}})
Earnings
Deductions
Basic
{{salary.StartMonthBasic| currency:"":0}}
VPF Employee
{{salary.StartMonthVPF| currency:"":0}}
HRA
{{salary.StartMonthHRA| currency:"":0}}
Income tax
{{salary.StartMonthTax| currency:"":0}}
Conveyance
{{salary.StartMonthConveyance| currency:"":0}}
Professional tax
{{salary.StartMonthProfessionalTax| currency:"":0}}
Medical Reimbursement
{{salary.StartMonthMedicalAllowance| currency:"":0}}
Food Coupons
{{salary.StartMonthFoodCoupons| currency:"":0}}
LTA
{{salary.StartMonthLTA| currency:"":0}}
Other Allowance
{{salary.StartMonthOtherAllowance| currency:"":0}}
FBT Earnings
{{salary.StartMonthFBTEarnings| currency:"":0}}
Total
{{(salary.StartMonthBasic + salary.StartMonthHRA + salary.StartMonthConveyance + salary.StartMonthMedicalAllowance + salary.StartMonthFoodCoupons + salary.StartMonthLTA + salary.StartMonthOtherAllowance + salary.StartMonthFBTEarnings)| currency:"":0}}
{{(salary.StartMonthVPF + salary.StartMonthTax + salary.StartMonthProfessionalTax)| currency:"":0 }}
Take Home (In-Hand) Salary: {{salary.StartMonthInHand| currency:"":0}}
Next Month
Earnings
Deductions
Basic
{{salary.MonthlyBasic| currency:"":0}}
VPF Employee
{{salary.MonthlyVPF| currency:"":0}}
HRA
{{salary.MonthlyHRA| currency:"":0}}
Income tax
{{(salary.YearlyTax / (salary.SalaryMonths + 1))| currency:"":0}}
Conveyance
{{salary.MonthlyConveyance| currency:"":0}}
Professional tax
{{salary.SubsequentMonthProfessionalTax| currency:"":0}}
Medical Reimbursement
{{salary.MonthlyMedicalAllowance| currency:"":0}}
Food Coupons
{{salary.MonthlyFoodCoupons| currency:"":0}}
LTA
{{salary.MonthlyLTA| currency:"":0}}
Other Allowance
{{salary.MonthlyOtherAllowances| currency:"":0}}
FBT Earnings
{{salary.MonthlyFBTEarnings| currency:"":0}}
Total
{{(salary.MonthlyBasic + salary.MonthlyHRA + salary.MonthlyConveyance + salary.MonthlyMedicalAllowance + salary.MonthlyFoodCoupons + salary.MonthlyLTA + salary.MonthlyOtherAllowances + salary.MonthlyFBTEarnings)| currency:"":0}}
{{(salary.MonthlyVPF + (salary.YearlyTax / (salary.SalaryMonths + 1)) + salary.SubsequentMonthProfessionalTax)| currency:"":0}}
Take Home (In-Hand) Salary: {{salary.MonthlyInHand| currency:"":0}}
  Tax Savers Generate Short Link (URL) Tax Details 
Calculation (Y)
Amount Balance
CTCCost to Company12 Months {{salary.YearlyCTC| currency:"":0}} {{salary.YearlyCTC| currency:"":0}}
Income not earned this year -{{(salary.YearlyCTC - salary.YearlyGrossIncomeWithStartMonth)| currency:"":0}} {{salary.YearlyGrossIncomeWithStartMonth| currency:"":0}}
Real CTC starting {{salary.SalaryStartDate | date:'dd-MMM-yy'}} {{salary.YearlyGrossIncomeWithStartMonth| currency:"":0}} A
Tax Exemptions (80C and others) {{salary.YearlyTaxExemption|currency:"":0}} B
Taxable Income {{(salary.YearlyTaxableIncome)| currency:"":0}} A-B
Income Tax (Central)
Income Tax {{(salary.YearlyTax - salary.YearlyEducationCess - salary.YearlyTaxSurcharge) | currency:"":0}}
Education Cess{{salary.YearlyEducationCess| currency:"":0}}
Tax Surcharge {{salary.YearlyTaxSurcharge| currency:"":0}}
{{salary.YearlyTax| currency:"":0}} C
Professional Tax (State) {{salary.YearlyProfessionalTax| currency:"":0}} D
Net Income after Taxes {{salary.YearlyNetIncomeAfterTaxes| currency:"":0}} A-C-D
Provident Fund (PF)
Employer PF{{salary.YearlyGrossPF| currency:"":0}}
Employee VPF{{salary.YearlyGrossVPF| currency:"":0}}
-{{salary.YearlyGrossPF + salary.YearlyGrossVPF| currency:"":0}} {{((salary.MonthlyInHand * salary.SalaryMonths) + salary.StartMonthInHand)| currency:"":0}}
In Hand SalaryTake Home {{((salary.MonthlyInHand * salary.SalaryMonths) + salary.StartMonthInHand)| currency:"":0}}
Rebates (Y)
Amount Tax Rebate TEAMTE
Investment {{salary.YearlyGross80CInvestments| currency:"":0}} {{salary.YearlyInvestmentExempted| currency:"":0}} {{(salary._tsCurrentTaxSlab.MaxInvestment -salary.YearlyGross80CInvestments) >= 0 ? ((salary._tsCurrentTaxSlab.MaxInvestment -salary.YearlyGross80CInvestments)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.MaxInvestment| currency:"":0}}
Investment (Pension scheme){{salary.YearlyInvestment80CExtraScheme| currency:"":0}} {{salary.YearlyInvestment80CExtraSchemeExempted| currency:"":0}} {{(salary._tsCurrentTaxSlab.MaxInvestment80ExtraScheme -salary.YearlyInvestment80CExtraScheme) >= 0 ? ((salary._tsCurrentTaxSlab.MaxInvestment80ExtraScheme -salary.YearlyInvestment80CExtraScheme)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.MaxInvestment80ExtraScheme| currency:"":0}}
Conveyance{{salary.YearlyGrossConveyance| currency:"":0}} {{salary.YearlyConveyanceExempted| currency:"":0}} {{((salary._tsCurrentTaxSlab.ConveyanceAllowanceLimit * 12) - salary.YearlyConveyanceExempted) >= 0 ? (((salary._tsCurrentTaxSlab.ConveyanceAllowanceLimit * 12) - salary.YearlyConveyanceExempted)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.ConveyanceAllowanceLimit * 12| currency:"":0}}
Medical {{salary.YearlyMedicalAllowExempted| currency:"":0}} {{(salary._tsCurrentTaxSlab.MedicalAllowanceLimit - salary.MedicalBillsGivenYearly) >= 0 ? ((salary._tsCurrentTaxSlab.MedicalAllowanceLimit - salary.MedicalBillsGivenYearly) | currency:"":0) : 0}} {{(salary._tsCurrentTaxSlab.MedicalAllowanceLimit) | currency:"":0}}
HRA{{salary.YearlyGrossHRA| currency:"":0}} {{salary.YearlyHRAExempted| currency:"":0}} {{(salary.MaxTaxExemptionOnHRA - salary.YearlyHRAExempted) > 0 ? ((salary.MaxTaxExemptionOnHRA - salary.YearlyHRAExempted)| currency:"":0) : 0}} {{(salary.MaxTaxExemptionOnHRA <= 0) ? (salary.YearlyHRAExempted| currency:"":0) : (salary.MaxTaxExemptionOnHRA| currency:"":0)}}
Medical Insurance (by Employer){{salary.YearlyMedicalInsurancePremiumByCom| currency:"":0}} {{salary.YearlyMedicalInsurancePremiumByCom| currency:"":0}} 0 {{salary.YearlyMedicalInsurancePremiumByCom| currency:"":0}}
Medical Insurance (by Self){{salary.YearlyMedicalInsurancePremiumBySelf| currency:"":0}} {{salary.YearlyMedInsuranceBySelfExempted| currency:"":0}} {{(salary._tsCurrentTaxSlab.MaxLimitMedicalInsurancePremium - salary.YearlyMedInsuranceBySelfExempted) > 0 ? ((salary._tsCurrentTaxSlab.MaxLimitMedicalInsurancePremium - salary.YearlyMedInsuranceBySelfExempted)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.MaxLimitMedicalInsurancePremium| currency:"":0}}
Donation{{salary.YearlyDonation| currency:"":0}} {{salary.YearlyDonation| currency:"":0}} 0 {{salary.YearlyDonation| currency:"":0}}
Employer PF{{salary.YearlyGrossPF| currency:"":0}} {{salary.YearlyGrossPF| currency:"":0}} 0 {{salary.YearlyGrossPF| currency:"":0}}
LTA{{salary.YearlyGrossLTA| currency:"":0}} {{salary.YearlyLTAAllowExempted| currency:"":0}} {{((salary.MonthlyLTA * 12) - salary.LTABillsGivenYearly) >= 0 ? (((salary.MonthlyLTA * 12) - salary.LTABillsGivenYearly) | currency:"":0) : 0}} {{(salary.MonthlyLTA * 12) | currency:"":0}}
Education Loan{{salary.YearlyEducationLoanInterest| currency:"":0}} {{salary.YearlyEducationLoanInterest| currency:"":0}} 0 {{salary.YearlyEducationLoanInterest| currency:"":0}}
Home Loan Interest only{{salary.YearlyHomeLoanInterest| currency:"":0}} {{salary.YearlyHomeLoanInterestExempted| currency:"":0}} {{(salary._tsCurrentTaxSlab.MaxLimitHomeLoanInterest - salary.YearlyHomeLoanInterest) >= 0 ? ((salary._tsCurrentTaxSlab.MaxLimitHomeLoanInterest - salary.YearlyHomeLoanInterest)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.MaxLimitHomeLoanInterest| currency:"":0}}
Food Coupons{{salary.YearlyGrossFoodCoupons| currency:"":0}} {{salary.YearlyExemptedFoodCoupons| currency:"":0}} {{((salary._tsCurrentTaxSlab.FoodCouponsLimit * 12) - salary.YearlyGrossFoodCoupons) >= 0 ? (((salary._tsCurrentTaxSlab.FoodCouponsLimit * 12) - salary.YearlyGrossFoodCoupons)| currency:"":0) : 0}} {{salary._tsCurrentTaxSlab.FoodCouponsLimit * 12| currency:"":0}}
Reimbursements{{salary.YearlyGrossFBTRebate| currency:"":0}} {{salary.YearlyGrossFBTRebate| currency:"":0}} 0 {{salary.MonthlyFBTRebates * 12| currency:"":0}}
Professional Tax {{salary.YearlyProfessionalTax| currency:"":0}} {{salary.YearlyProfessionalTax| currency:"":0}} 0 {{salary.YearlyProfessionalTax| currency:"":0}}
Total{{(salary.YearlyGross80CInvestments + salary.YearlyInvestment80CExtraScheme + salary.YearlyGrossConveyance + salary.YearlyGrossMedical + salary.YearlyGrossHRA + salary.YearlyMedicalInsurancePremiumByCom + salary.YearlyMedicalInsurancePremiumBySelf + salary.YearlyDonation + salary.YearlyGrossPF + salary.YearlyGrossLTA + salary.YearlyEducationLoanInterest + salary.YearlyHomeLoanInterest + salary.YearlyGrossFoodCoupons + salary.YearlyGrossFBTRebate + salary.YearlyProfessionalTax)| currency:"":0}} {{salary.YearlyTaxExemption|currency:"":0}}
  in Hand Generate Short Link (URL) CTC  

{{salary._ptCurrentStateTaxSlab.State}}

{{salary.YearlyCTC| currency:"":0}} 12 Months

 {{salary.YearlyGrossIncomeWithStartMonth| currency:"":0}} this year {{localAngularJSDate| date: 'MMMM d, y'}} - March 31, {{salary.FinancialYear + 1}}

DescriptionAmount
Basic{{salary.MonthlyBasic * 12| currency:"":0}}
Flexible Basket
HRA {{salary.MonthlyHRA * 12| currency:"":0}}
Conveyance {{salary.MonthlyConveyance * 12| currency:"":0}}
Medical Reimbursement {{salary.MonthlyMedicalAllowance * 12| currency:"":0}}
Food Coupons {{salary.MonthlyFoodCoupons * 12| currency:"":0}}
LTA {{salary.MonthlyLTA * 12| currency:"":0}}
Other Allowance {{salary.MonthlyOtherAllowances * 12| currency:"":0}}
{{(salary.MonthlyHRA + salary.MonthlyLTA + salary.MonthlyMedicalAllowance + salary.MonthlyConveyance + salary.MonthlyFoodCoupons + salary.MonthlyOtherAllowances) * 12| currency:"":0}}
Bonus {{salary.YearlyBonus| currency:"":0}}
Reimbursements{{salary.MonthlyFBTEarnings *12| currency:"":0}}
Retirals
Employer PF {{salary.MonthlyPF * 12| currency:"":0}}
Gratuity {{salary.YearlyGratuity| currency:"":0}}
Super-Annuation {{salary.YearlySuperAnnuation| currency:"":0}}
Insurance By Employer {{salary.YearlyMedicalInsurancePremiumByCom| currency:"":0}}
Other Benefits (Non cash) {{salary.YearlyOtherNonTaxNonCashBenefits| currency:"":0}}
{{(salary.YearlyGratuity + salary.YearlySuperAnnuation + salary.YearlyMedicalInsurancePremiumByCom + salary.YearlyOtherNonTaxNonCashBenefits) + (salary.MonthlyPF) * 12| currency:"":0}}
CTC (Cost To Company){{salary.YearlyCTC| currency:"":0}}
  Tax Details Generate Short Link (URL)

User generated CTC's List {{ShortURLLinkList.totalItems}}

NOTE:
  • Date Time shown are in IST (India Standard Time zone).
  • The take home (in Hand) might differ even with same CTC due to the Job start date and various individual tax saving options. Click on the record above to see details.

If you would like to discuss your Indian monthly salary calculation privately, you can send an email to IHSIndia@am22tech.com.

We normally reply back within 5 to 72 hours. This service is FREE.