SmartMoneyToolsPrecision Financial Planning
Category · 5 tools

Salary & HRA Calculators

In-hand salary, CTC, gratuity, hike and rent receipt tools.

An Indian salary slip has more line items than most countries' tax codes — basic, HRA, LTA, special allowance, food coupons, employer PF, gratuity, professional tax, and the new vs old regime TDS. This category unwinds all of it: in-hand take-home calculations from gross CTC, gratuity payouts under the Payment of Gratuity Act 1972, salary-hike percentage maths for appraisal season, and HRA exemption optimisation to maximise tax savings. Every calculator uses the latest FY 2026-27 PF and TDS structure.

In-Hand Salary Calculator

Take-home salary calculator with latest PF and tax deduction logic.

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Rent Receipt Generator

Free online rent receipt generator for HRA tax exemption claims.

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Gratuity Calculator

Calculate your gratuity payout using the formula G = (n × b × 15) / 26 as per the Payment of Gratuity Act 1972.

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Salary Hike Calculator

Calculate the percentage hike or new salary post appraisal.

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CTC to In-Hand Calculator

Break down your CTC into in-hand salary, allowances and deductions.

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Who these tools are for

  • Anyone receiving a new offer letter and decoding the actual in-hand pay
  • Employees due for appraisal computing hike percentages and post-hike pay
  • Long-tenured employees nearing exit estimating their gratuity payout
  • Salaried tenants generating compliant rent receipts for HRA claims

India-specific things to know

  • Gratuity formula: G = (n × b × 15) / 26 — only basic + DA counts, not full CTC
  • Gratuity tax-free up to ₹20L for non-government employees (Section 10(10))
  • HRA claims above ₹1L/year require landlord's PAN
  • Employer PF contribution is part of CTC but not your in-hand pay

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