The PayHR Online CTC Calculator is a user-friendly tool designed to simplify salary structure calculations. Follow these simple steps to maximize its utility:
Begin by entering the annual salary components in the designated fields, including Basic Salary, House Rent Allowance (HRA), Leave Travel Allowance (LTA), Special Allowances, and Other Allowances. Ensure the details are accurate for precise calculations.
Next, choose the compliance settings based on your organization’s requirements, such as Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), and Income Tax. Selecting the correct compliance options ensures the salary structure aligns with applicable laws and company policies.
After entering all the required details, scroll down to view the calculated salary structure, including Gross Salary (total earnings before deductions), Deductions (contributions like PF, ESI, and taxes), and Net Salary (take-home salary after deductions).
Once the net salary is calculated, bookmark the page to use the tool effortlessly for future calculations.
You can instantly download the salary structure in an Excel format for record-keeping or sharing purposes.
The PayHR Online CTC Calculator offers an easy-to-use interface, accurate and compliant calculations, instant downloadable reports, and saves time for HR professionals. Whether you're an employer or an HR professional, it is your go-to tool for seamless salary calculations.
