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Salary Calculator | Accurate Take-Home Pay Calculator

Salary Calculator

Calculate your net take-home pay in USD and INR after taxes

Salary Calculator

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Net Annual Salary

$0
Income Tax
$0
Social Security
$0
Retirement
$0

Understanding Your Salary

Your take-home pay is affected by various deductions. Here's what impacts your net salary in different countries:

US Salary Components

  • Federal Income Tax: Progressive tax based on IRS brackets
  • State Tax: Varies from 0% to 13.3% depending on state
  • FICA: 7.65% for Social Security and Medicare
  • 401(k): Pre-tax retirement contributions

Indian Salary Components

  • Income Tax: Progressive tax up to 30% + 4% cess
  • Provident Fund (PF): 12% of basic salary
  • Professional Tax: Varies by state (₹200-₹2,500/year)
  • Gratuity: Applicable after 5 years of service

Salary Calculation FAQs

How is Indian salary different from US?

Indian salaries often include more components (HRA, DA) and have different tax structures with more deductions.

What's the average conversion rate used?

We use current exchange rates (updated daily) for USD to INR conversion.

Tax-Saving Strategies

  • US: Maximize 401(k), HSA contributions
  • India: Utilize Section 80C deductions, HRA exemptions
  • Both: Claim eligible deductions, review withholding annually