Calculate employee payroll with basic salary, HRA, DA, and tax deductions. Determine gross salary, tax amount, and net take-home pay.
Payroll calculation determines an employee's take-home pay after accounting for various allowances and deductions. Common components include Basic Salary (the fixed component), HRA (House Rent Allowance), DA (Dearness Allowance for inflation), and tax deductions. Understanding your salary breakdown helps in financial planning and comparing job offers.
HRA = Basic × HRA% | DA = Basic × DA% | Gross = Basic + HRA + DA | Tax = Gross × Tax% | Net = Gross - TaxHRA and DA are calculated as percentages of basic salary. Gross salary is the sum of all components before deductions. Tax is applied to the gross salary (in practice, tax calculations are more complex with slabs and exemptions). Net salary is what the employee actually receives after all deductions.
| Input | Output |
|---|---|
| Basic: $5,000, HRA: 40%, DA: 10%, Tax: 10% | HRA: $2,000 | DA: $500 | Gross: $7,500 | Tax: $750 | Net: $6,750 |
| Basic: $3,000, HRA: 40%, DA: 10%, Tax: 10% | HRA: $1,200 | DA: $300 | Gross: $4,500 | Tax: $450 | Net: $4,050 |
| Basic: $8,000, HRA: 40%, DA: 10%, Tax: 20% | HRA: $3,200 | DA: $800 | Gross: $12,000 | Tax: $2,400 | Net: $9,600 |