💼 Payroll Calculator

CTC = Gross Salary + Employer PF + Employer ESI + Gratuity Gross Salary = Basic + HRA + Special Allowance + Other Basic Salary: typically 40–50% of CTC HRA: typically 40–50% of Basic (50% for metros, 40% for non-metros) Special Allowance: balancing component Employer PF = 12% of Basic (goes to EPF account, part of CTC) Employer ESI = 3.25% of Gross (if applicable)

Employee PF = 12% of Basic Salary (minimum ₹1,800/month on capped ₹15,000 basic) Employee ESI = 0.75% of Gross Salary (only if gross salary up to ₹21,000/month) Professional Tax: State-specific, up to ₹200/month Maharashtra: ₹200/month (salary above ₹15,000) Karnataka: ₹200/month (salary above ₹25,000) TDS (Income Tax): As per applicable tax slab Deducted monthly as TDS on salary

Up to ₹3,00,000: NIL ₹3,00,001–7,00,000: 5% ₹7,00,001–10,00,000: 10% ₹10,00,001–12,00,000:15% ₹12,00,001–15,00,000:20% Above ₹15,00,000: 30% Standard deduction: ₹75,000 (new regime) Tax rebate u/s 87A: Full rebate if income up to ₹7,00,000 (new regime) — zero tax! Old Regime: Standard deduction ₹50,000 + 80C up to ₹1.5L + HRA exemption + other deductions