| Component | Monthly | Annual | |
|---|---|---|---|
| Basic Salary | 0 | 0 | |
| HRA | 0 | 0 | |
| Special Allowances | 0 | 0 | |
| Gross Salary | 0 | 0 | |
| Employee Contributions | |||
| EPF | 0 | 0 | |
| ESIC | 0 | 0 | |
| LWF | 0 | ||
| Employer Contributions | |||
| EPF | 0 | 0 | |
| ESIC | 0 | 0 | |
| LWF | 0 | ||
| Take Home Salary | 0 | 0 | |
Indian Salary Calculator Guide
What is this Calculator?
This is a comprehensive Indian salary calculator that helps you break down your Cost to Company (CTC) into various components including basic salary, HRA, allowances, and statutory deductions like EPF and ESIC. It automatically calculates your take-home salary while considering all standard Indian salary components and allowing for custom additions.
Key Features
- Automatic calculation of Basic Salary (50% of CTC)
- HRA calculation (40% of Basic)
- EPF calculations with ₹15,000 salary cap
- ESIC calculations for salaries up to ₹21,000
- Custom component and deduction options
- Both monthly and annual breakdowns
How to Use the Calculator
1. Enter Your CTC
Start by entering your annual Cost to Company (CTC) in the input field at the top.
2. Review Standard Components
- Basic Salary: Automatically calculated as 50% of your CTC
- HRA: Set to 40% of Basic Salary
- Special Allowances: Automatically adjusted based on other components
3. Add Custom Components (Optional)
Click “Add Component” to include additional salary components like:
- Transport Allowance
- Medical Allowance
- Food Allowance
- Other company-specific allowances
4. Adjust Deductions
Review and modify:
- EPF (Employee & Employer contributions)
- ESIC (If applicable)
- Labor Welfare Fund (LWF)
- Add custom deductions if needed
Understanding the Results
The calculator shows:
- Monthly and annual breakdowns for each component
- Gross salary (total of all positive components)
- All statutory and custom deductions
- Final take-home salary after all deductions
Important Notes
- EPF is calculated on Basic Salary with a cap of ₹15,000
- ESIC is applicable only if gross salary is ≤ ₹21,000
- Employee EPF contribution: 12% of Basic (capped)
- Employer EPF contribution: 12% of Basic (capped)
- ESIC Employee contribution: 0.75% of Gross
- ESIC Employer contribution: 3.25% of Gross
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