My Paisa HQ — Free Indian Salary, Tax, Gratuity & 8th Pay Commission Calculators

Accurate, real-time financial calculation suite for Indian salaried professionals, central/state government employees, and mutual fund retail investors. All calculations run 100% in your browser.

Core Indian Finance Calculators

  • 8th Pay Commission Salary Calculator: Calculate expected revised basic pay and gross salary for Central Government employees across Pay Levels 1 through 18 using fitment factors from 2.28x to 2.86x.
  • Gratuity Calculator (Payment of Gratuity Act): Computes tax-exempt and taxable gratuity after 5 years of continuous service using the statutory formula: (15 × Last Drawn Basic + DA × Completed Years) / 26.
  • In-Hand Salary Calculator from CTC: Deconstruct your CTC offer into monthly take-home salary, calculating EPF deductions (capped at &rupee;21,600/year), professional tax, and income tax under Old vs New Tax Regime.
  • HRA Exemption Calculator (Section 10(13A)): Compute exact House Rent Allowance tax exemption comparing actual HRA received, 50%/40% of Basic Pay (Metro vs Non-Metro), and rent paid in excess of 10% of salary.
  • Income Tax Calculator (FY 2025-26): Side-by-side slab comparison between Old Tax Regime (with 80C, 80D, HRA deductions) and New Tax Regime with standard deduction (&rupee;75,000) and Section 87A rebate.
  • Mutual Fund SIP & Step-Up Calculator: Estimate wealth accumulation, invested corpus, and compound gains with optional annual step-up percentages.

Frequently Asked Questions

What is the expected fitment factor for the 8th Pay Commission?
Historical pay commissions implemented fitment factors ranging from 1.86x (6th CPC) to 2.57x (7th CPC). Expert committees recommend a fitment factor between 2.28x and 2.86x for the 8th CPC, raising minimum basic pay from &rupee;18,000 to approximately &rupee;34,500–&rupee;51,480.
What is the maximum tax-free gratuity in India?
Under Section 10(10) of the Income Tax Act, the maximum tax-free gratuity limit for private sector employees covered under the Payment of Gratuity Act is &rupee;20 Lakhs.
Is my salary data kept private?
Yes. My Paisa HQ runs calculations completely client-side in your web browser. None of your payslip numbers or personal financial figures are saved or sent to any server.