How to Check Your Monthly Budget with a Salary Calculator

Most people think they know their salary. But after PF, tax, and deductions, the actual amount is much less.

Why You Need to Know Your Exact Take-Home

• Plan monthly expenses accurately
• Know how much you can save
• Decide if a new job offer is actually better
• Set realistic investment targets

What Reduces Your Salary

| Deduction | Impact |
|-----------|--------|
| PF (Employee) | 12% of basic |
| Professional Tax | 200/month |
| Income Tax | Depends on regime |
| ESI | If gross under 21,000/month |

CTC vs In-Hand Example

For a 10,00,000 CTC:
- Basic (40%): 4,00,000
- PF: 48,000
- Professional Tax: 2,400
- Income Tax: ~49,200
- In-Hand: ~7,90,800

That is a 21% gap.

How to Calculate

1. Go to Salary Calculator
2. Enter your CTC
3. Select city type
4. Choose tax regime
5. See your detailed breakdown

Budget Planning

Once you know your take-home:

• 50% needs (rent, food, bills)
• 30% wants (entertainment, shopping)
• 20% savings and investments

Use Income Tax Calculator to compare regimes and maximize your take-home.

Start with the free Salary Calculator to know your exact monthly income.