About this Service
Calculates the below components of your salary:
1. Take home Salary
2. Income Tax
4. PF Employee Contribution
5. PF Employer Contribution
6. Gross Salary
7. Your current Tax Savings
6. Your potential Tax savings
This site provides more value than
merely calculating your salary. It gives your various tax saving avenues to increase your take home salary. The calculator shows how you
could save few thousands or even lakhs in income tax.
Delhi, Chennai , Mumbai and Kolkata are metro cities for the purpose of HRA calculations. Recently it appears that Bangalore and Hyderabad were added to the list of metro cities, its best to check your payslip. If HRA is paid 50% of your Basic Pay, tick the Metro checkbox and calculate.