The Salary Component varies as per the company policies. The deductions vary with the organization. Hence, it sometimes gets complicated to calculate the gross salary or the net salary received.
The Salary Calculator is really helpful and vital to calculate and know the growth status of the employee.
We can also estimate the additions and deductions which are being made by the employer with the help of The Salary Calculator
Annual Salary Calculator
Annual CTC or Cost To Company in the total amount that a company spends on an employee.
CTC is inclusive of monthly components such as basic pay, various allowances, reimbursements and annual components like gratuity, annual variable pay, annual bonus etc.
CTC is never equal to the amount of take home salary. There are many components in the CTC that one does not receive as part of take home salary.
Now, you can calculate both of them here.
Monthly Salary Calculator
Your Gross Monthly Income is everything you can earn in one month, before adding the taxes or deductions. This is outlined on your job offer letter as well.
Your Net Monthly Income is different. That is the amount you take home after taxes and deductions.
You should know what this amount is while applying for the loan.
Let's convert your Gross Monthly Salary to Net Monthly Salary now!
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