{ "media_type": "image", "post_content": "Hello Folks,\n\nI have created a in hand salary calcuator for those who are having trouble calculating.\n\nI hope this will help in calculating in hand salary.\n\n@admin - please pin this so I will get lost between the threads\n\nP.S. -- Please do not make any changes to the original file, download and play with it. :)\n\n", "post_id": "61e96caf1af9060033b215c9", "reply_count": 30, "vote_count": 33, "bowl_id": "615ca1dd3ad8710025ac6f01", "bowl_name": "In Hand Salary Calculation👍", "feed_type": "bowl" }
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Few issues you can correct 1. HRA calculation wont work if you don't pay rent especially if its own house or parents house cos the formula uses minimum function which will take negatives as well. 2. You're not deducting PF of employer from salary. Only tax is being cut. So take home inflates a bit.

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Yes.

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This is an amazing tool.. But I heard the news of your basic salary will be 50% of your CTC.. Then in that case this might get changed

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No impact of that in this sheet, whatever your basic is, just put the numbers there and it will calculate it

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Can few others review this document please ? If any corrections needed ?

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Yes, That will be great,

I have added tax comparison between old Tex regime and new tax regime as well in the sheet

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Nice one. Thanks 🙂

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How to copy into my phone i did't see any option for that

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Link is there in one of comments, get it from there

Yes, for no HRA case, I will adjust the excel, And for the PF part, I checked and only one side is deducted from monthly salary which is fixed part and employer contribution is under CTC calculation. So overall only one pf is deducted, I checked my payslips

Employee contribution is cut from your CTC but it doesn't reflect in payslip. Employer contribution is also cut from CTC and mentioned in deduction column of payslip

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How to download, I am unable to download

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