Articles

How to calculate my In hand salary?

by jyoti singh digital marketer

Introduction

Dear Job Seeker, In order to calculate your In Hand Salary, you will have to follow these below steps. 1.Visit our website - https://www.reviewia.co/salary-calculator.php 2.Select the Currency you are looking for salary in, click on Calculate! button and you will find a salary calculator as shown in the image below. 3.Based on the Gross Annual CTC (Cost To Company) entered by you, we will calculate for you the Income Tax (Income Tax is calculated based on Slab Rates prescribed by Income Tax Department of India), EPF Contribution and Net Take Home Salary that you would get after making deductions from your Gross Annual CTC . We hope this helps! All the best for your job search!

Dear Job Seeker,

Thank you for reading my article. You may wonder why I am writing this article at all. Well, as an accountant, one of the most important things that I do is calculate people's salaries and taxes so that they can be prepared to pay their taxes and also enjoy their life.

I will tell you what In Hand Salaryis and why it is important to calculate it correctly before we begin our math lesson.

In hand salary refers to your actual income in a month or year which has not been paid out yet by your employer but has already been credited into your bank account or put into your wallet (if you don't have a bank).

In order to calculate your In Hand Salary, you will have to follow these below steps.

In order to calculate your In Hand Salary, you will have to follow these below steps.

1.Visit our website - https://www.reviewia.co/salary-calculator.php

Welcome to the Reviewia salary calculator. To use this tool, simply enter your company name and location at the top of the page. Next, select one of four available salary packages:

Entering this information will automatically calculate what you would earn in a given month based on an 8-hour workday and 5 days per week. It also estimates how many years it would take for you to reach certain salary milestones such as $200K or $300K pa (projected after working for 30 years).

2.Select the Currency you are looking for salary in, click on Calculate! button and you will find a salary calculator as shown in the image below.

  • Select the Currency you are looking for salary in, click on Calculate! button and you will find a salary calculator as shown in the image below.

Note: You can change your currency to USD (United States Dollar) by clicking on USD option given below "Calculate" button.

3.Based on the Gross Annual CTC (Cost To Company) entered by you, we will calculate for you the Income Tax (Income Tax is calculated based on Slab Rates prescribed by Income Tax Department of India), EPF Contribution and Net Take Home Salary that you would get after making deductions from your Gross Annual CTC .

You can also check our Salary Calculator to get an estimate of your net take home salary. The tool is available at https://www.reviewia.co/salary-calculator.php

  • Based on the Gross Annual CTC (Cost To Company) entered by you, we will calculate for you the Income Tax (Income Tax is calculated based on Slab Rates prescribed by Income Tax Department of India), EPF Contribution and Net Take Home Salary that you would get after making deductions from your Gross Annual CTC .

  • Based on this calculation, Reviewia will give you a clear picture about what are all deductions made from your salary?

We hope this helps!

All the best for your job search!

Conclusion

The In-Hand Salary Calculator is an online tool to calculate your net take home salary after deductions from the Gross Annual CTC. The calculator is based on the slab rates prescribed by Income Tax Department, EPF contribution and ESI contribution for different income brackets. The calculator also gives you a complete picture of how much your employer should be deducting from your salary each month for taxes and other purposes like PF or ESI.


Sponsor Ads


About jyoti singh Advanced   digital marketer

30 connections, 0 recommendations, 121 honor points.
Joined APSense since, March 6th, 2022, From Adelaide, Australia.

Created on Oct 29th 2022 02:36. Viewed 117 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.