Salary & Payroll
Quick math your finance and HR teams use every month.
CTC → in-hand salary
Standard 40 % Basic + 40 % HRA (metro) breakup, with PF, ESI, PT, TDS deducted.
Monthly breakup
HRA exemption
Least of (1) actual HRA received, (2) 50/40% of Basic, (3) Rent − 10% of Basic.
Salary hike
Compute new salary from a % hike, or % hike from a target.
CTC breakup builder
Build a custom CTC breakup with your own component %s.
Remaining auto-allocated to Performance Bonus.
Overtime pay
Factories Act default: 2× normal hourly rate. Configurable.
Statutory bonus
Payment of Bonus Act 1965 — eligible if monthly salary ≤ ₹21,000. Min 8.33% — max 20% of (Basic+DA), capped at ₹7,000 ceiling.
Statutory & Tax
PF, ESI, Professional Tax, Income Tax — current 2026 rates.
Provident Fund (EPF) contribution
Employee 12 % of (Basic+DA), Employer 12 % (8.33 % to EPS up to ₹15k cap, rest to EPF).
ESI contribution
Employee 0.75 %, Employer 3.25 % — only when gross monthly wages ≤ ₹21,000.
Professional Tax
State-specific slabs. Indicative only — confirm with the latest state notification.
Income Tax / TDS estimator (FY 2025-26)
Annual income tax with standard deduction + cess. Resident individual under 60.
Old vs New regime comparator
Side-by-side tax under both regimes for the same gross income.
Gratuity
Payment of Gratuity Act: (Basic+DA) × 15 × Years / 26. Eligibility 5 years. Cap ₹20 lakh.
Leave & Time
Encashment, notice period, working-day computation.
Leave encashment
(Basic+DA) × leave_days / 30 (or 26).
Notice period buyout
Per-day Basic × days short-served. Can be paid by employee or recovered from F&F.
Working days between dates
Excludes weekends. Add holidays manually below.
Tenure / years of service
For gratuity eligibility, leave accrual etc.
Savings & Loans
PPF, NPS, EMI, FD, retirement corpus.
PPF maturity
Compound annually at 7.1 % (current rate). 15-year lock-in.
NPS retirement corpus
Compounded monthly at expected return. 60% withdrawable, 40% annuity.
EMI
Useful for company-loan deductions and salary advances.
FD / RD maturity
Quarterly compounding for FD; monthly contribution for RD.
Retirement corpus
SIP-style monthly investment with inflation-adjusted real return.
HR Metrics
Operational ratios HR teams report monthly.
Turnover / attrition rate
(Separations / Average headcount) × 100. Annualised if period < 1 year.
Absenteeism rate
(Days lost to absence / Total available work-days) × 100.
Cost per hire
(Internal + external recruiting costs) / Number of hires.
Disclaimer
These calculators are estimators meant for HR / payroll planning. Actual statutory contributions, tax computation, gratuity payouts, and benefit accruals may differ based on the specific notification applicable to your state, sector, employee category, and the latest amendments. Always cross-check with your auditor or tax consultant before basing payroll decisions on these numbers. Garuda HR (the platform) implements the same formulas with the latest gazette updates baked in — contact us for a tailored review.