Start from monthly gross pay
This calculator estimates the amount left after employee deductions from a stated monthly gross salary. It uses figures you enter from a payslip, payroll projection or a verified offer breakdown. Gross pay is the cash earnings before employee deductions for that month. It is not automatically the same as annual cost to company divided by twelve. Employer contributions, insurance premiums, gratuity provisions and conditional benefits can sit inside CTC without becoming monthly cash salary. If you only have an annual CTC figure, first ask for its components. Enter the monthly gross actually expected for the period you want to analyse.
Enter employee deductions separately
There are separate fields for employee provident fund, tax deducted at source, professional tax, employee ESI and other deductions. Enter rupee amounts for the same month as gross pay. The PF field is an amount, not a percentage selector, because coverage, applicable contribution base, rates, ceilings and voluntary contributions can differ. Confirm it from current payroll records. Do not enter the employer PF share as your own deduction if it has not been included in your gross cash earnings. For other deductions, combine verified items such as an authorised recovery or employee benefit contribution, and keep a note of the components.
Use payroll TDS rather than guessing tax
TDS is entered manually. The calculator does not choose an income-tax regime, calculate slabs, apply rebates, decide exemption eligibility or prepare a tax return. Your monthly withholding can depend on projected annual income, declarations, other income, previous employment and adjustments already made during the year. A zero in the TDS field means no tax deduction in this estimate; it does not certify that you owe no income tax. When comparing offers, obtain a payroll illustration using the assumptions appropriate to you. Final annual tax and the amount withheld each month are related but different figures, so keep them distinct when reading the result.
Check a simple worked example
Suppose monthly gross pay is ₹50,000, employee PF is ₹1,800, professional tax is ₹200, and all other entered deductions are zero. Total deductions are ₹2,000 and monthly in-hand pay is ₹48,000. Multiplying that unchanged month by twelve gives ₹5,76,000. The example PF and professional tax figures illustrate arithmetic only. They are not universally applicable rates or current statutory instructions. If you enter ₹3,000 as monthly TDS as well, the estimated take-home becomes ₹45,000. Changes to any field clear the old report and download link so that an earlier result is not left available beside newly edited inputs.
Read the annualised figure cautiously
The report includes gross pay, every deduction, total deductions, monthly take-home and annualised take-home. Annualised means exactly twelve times this one month’s net amount. It does not predict bonus timing, appraisal changes, variable incentives, unpaid leave, joining mid-month or year-end tax reconciliation. A single month with a one-off recovery can also be unrepresentative. To compare stable monthly cash flow, remove neither real deductions nor real pay components simply to make an offer look better. Instead, calculate separate scenarios for normal months and exceptional months. Keep the assumptions with each saved report so that you can explain the difference later.
Reconcile the estimate with your payslip
All amounts must be finite and nonnegative, and entered deductions cannot exceed gross pay. If the actual payslip includes a negative recovery, arrears, reimbursements outside gross or a net debit, this simplified model may not represent it. Reconcile earnings and deductions line by line before relying on the output. The JSON download is a calculation record, not proof of employment or a certified payslip. No account number, PAN or salary document needs to be uploaded. Inputs stay in your browser while the calculation runs. Ask payroll about a mismatch and use the employer’s final payslip and applicable tax records for official reporting.
FAQ
Does it calculate income tax?
No. Enter monthly TDS from payroll or a verified projection.
Can I enter annual CTC?
Use monthly gross cash pay. CTC requires a separate verified breakup.
Is PF a fixed percentage here?
No. Enter the actual employee PF rupee deduction.
Is annualised pay a forecast?
It is twelve identical months, excluding future changes and special payments.
Can deductions exceed gross?
This simplified estimate rejects that case. Reconcile unusual payslips separately.
Is the report a payslip?
No. It is a local calculation record from your inputs.
Review before use
Start with a small example and check that every field represents the same document, month or service period. Save the original source separately. Review each generated result before sending it to another person. A downloaded file records the assumptions you entered and the calculation method shown on this page. It does not replace an independent document review, a payroll statement, an employment agreement or an official determination. If an input is uncertain, confirm that input before treating the displayed result as a reliable planning figure.
Related tools
Sources: EPFO employee resources · Income Tax Department