Take-Home Pay Calculator
Calculate your net salary after taxes and deductions. See exactly how much you take home each month and year.
US tax calculations use 2025–2026 federal brackets, Social Security (6.2% up to $168,600), and Medicare (1.45%). State tax is estimated at 5%. Your actual tax may vary based on deductions and credits.
Gross Annual
$75,000
Net Annual
$54,098
Net Monthly
$4,508
How Take-Home Pay Is Calculated
Your take-home pay (net salary) is your gross salary minus all deductions. The calculator supports both US and India tax systems — select your country to see accurate deductions.
United States
Main deductions for US employees:
- Federal Income Tax — Progressive rates from 10% to 37% based on taxable income (2025–2026 brackets).
- Social Security — 6.2% on wages up to $168,600.
- Medicare — 1.45% on all wages.
- State Income Tax — Varies by state. Estimated at 5% as a national average.
India
Main deductions for Indian employees (CTC model):
- Gross Salary — CTC minus bonus. This is your salary before deductions.
- Professional Tax — State-level tax on employment, up to ₹2,500/year.
- Employer PF — Employer's contribution to your provident fund (typically 12% of basic up to ₹15,000/month).
- Employee PF — Your contribution to the provident fund (typically 12% of basic up to ₹15,000/month).
Example: $75,000 salary (US)
- Gross annual: $75,000
- Federal tax: -$10,658
- Social Security: -$4,650
- Medicare: -$1,088
- Est. state tax: -$3,750
- Net take-home: ~$54,854 / year
- Net monthly: ~$4,571
Example: ₹7,50,000 CTC (India)
- CTC: ₹7,50,000
- Bonus (0%): -₹0
- Gross Salary: ₹7,50,000
- Professional Tax: -₹2,400
- Employer PF: -₹21,600
- Employee PF: -₹21,600
- Total Deductions: -₹45,600
- Annual Take-Home: ₹7,04,400
- Monthly Take-Home: ~₹58,700
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Frequently Asked Questions
How do I calculate my take-home salary?
Subtract all deductions from your gross salary. US: Gross − Federal Tax − Social Security (6.2%) − Medicare (1.45%) − State Tax. India: CTC − Bonus − (Professional Tax + Employer PF + Employee PF) × 12. Our calculator handles both countries.
What is the difference between gross salary and take-home pay?
Gross salary is your total earnings before deductions. Take-home pay (net salary) is what you actually receive after taxes, social contributions, and other deductions. In India, gross salary is typically CTC minus bonus. Take-home pay is always lower than gross salary.
How much tax is deducted from my salary?
US: Federal income tax (10–37% progressive) + Social Security (6.2%) + Medicare (1.45%) + state tax. India: Income tax slab (0–30%) + 4% cess + PF + professional tax. Use our calculator for exact numbers.
How is take-home pay calculated?
Take-home pay = Gross Salary − Total Deductions. US: Gross − Federal Tax − FICA (7.65%) − State Tax. India: Take-Home = CTC − Bonus − (Monthly Deductions × 12).
Why is my take-home salary lower than my CTC?
CTC includes employer-paid benefits like PF contributions, bonus, insurance, and gratuity on top of your salary. Take-home pay excludes these components and deducts taxes and your own contributions, so it is always lower than CTC.
Is this take-home pay calculator accurate?
It uses 2025–2026 US federal tax brackets and the standard CTC-to-take-home formula for India with customizable PF, PT, and bonus. US state tax is estimated at a flat 5%. Actual results may vary based on your specific salary structure and local regulations.
Can I compare salaries before and after deductions?
Yes, the calculator provides a full breakdown showing gross salary, each deduction individually, and your final take-home pay for both monthly and annual periods.
Does this calculator work for both India and the United States?
Yes, it supports Indian (CTC-based with PF, PT, bonus) and US (gross salary with federal tax, FICA, state tax) structures. Select your country from the dropdown and the calculator adjusts automatically.