Salary Calculator
Know Your True Earnings
Convert any salary between hourly, daily, weekly, monthly and annual β with deductions, take-home pay, and tax estimates included.
How to Use This Salary Calculator
This calculator has three modes designed for different needs. The Basic Converter instantly converts any salary between hourly, daily, weekly, monthly, and annual figures β useful when comparing job offers quoted in different periods. The Take-Home Calculator shows you what actually lands in your bank account after income tax, provident fund, and other deductions. The Salary Hike mode calculates your new salary after a percentage or flat increment, including how much extra you’ll earn for the remaining months of the year.
Simply select your currency, enter your salary amount, choose the period, fill in any optional fields, and hit Calculate Salary. All conversions happen instantly with precise figures you can use in job applications, offer negotiations, or financial planning.
Understanding Your Salary: CTC vs Gross vs Net
One of the most confusing aspects of any job offer is the difference between what’s written in your offer letter and what you actually receive. Here’s a clear breakdown of the three numbers that matter most:
India Income Tax Slabs (New Regime β FY 2025β26)
India offers two tax regimes β the old regime with deductions and exemptions, and the new regime with lower flat rates but no exemptions. Most salaried employees are defaulting to the new regime after the FY2023β24 changes. Here are the current slabs:
| Annual Income | New Regime Rate | Old Regime Rate | Effective Tax (New, βΉ10L) |
|---|---|---|---|
| Up to βΉ3,00,000 | Nil | Nil | βΉ0 |
| βΉ3,00,001 β βΉ7,00,000 | 5% | 5% | βΉ20,000 |
| βΉ7,00,001 β βΉ10,00,000 | 10% | 20% | βΉ30,000 |
| βΉ10,00,001 β βΉ12,00,000 | 15% | 30% | βΉ30,000 |
| βΉ12,00,001 β βΉ15,00,000 | 20% | 30% | βΉ60,000 |
| Above βΉ15,00,000 | 30% | 30% | 30% on excess |
Note: A βΉ75,000 standard deduction applies under both regimes for salaried employees. The new regime also offers a tax rebate of up to βΉ60,000 for individuals earning up to βΉ12 lakh, effectively making income up to βΉ12 lakh tax-free.
Salary Negotiation Tips That Actually Work
Always Negotiate β Every Single Time
Studies consistently show that less than 40% of job seekers negotiate their first offer. Yet the majority of employers expect negotiation and leave room for it in their initial offer. Not negotiating a βΉ5,000 monthly increase at your first job costs you not just βΉ60,000 per year β it compounds into your next offer, your next increment, and your future CTC calculations. Negotiating is not rude; it is expected.
Anchor High, But with Justification
When asked for your expected salary, give a number that is 15β25% higher than your actual target. This creates negotiation room. Back it up with market data β cite glassdoor, LinkedIn Salary, or industry surveys. Saying “Based on my research, the market range for this role in this city is XβY, and given my experience in A and B, I’m targeting the upper end” is far more effective than a raw number.
Evaluate the Full Package, Not Just Base Pay
Before accepting or rejecting an offer, calculate the total value including health insurance (worth βΉ5,000ββΉ20,000/month for a good family floater), annual bonuses, stock options or ESOPs, joining bonus, leave encashment policy, work-from-home flexibility, and learning/certification budget. A lower base salary with excellent benefits can easily outperform a higher base with no perks.
Know When to Stop Negotiating
Once you’ve reached the upper end of what the role can offer, pushing further can damage the relationship before you’ve even started. If the hiring manager says this is their best offer and the number is still reasonable for the market, accept gracefully and negotiate for other things: earlier performance review, remote work days, or additional leave.