Free tool

What does an employee really cost?

The salary you agree is not what you pay. SSF adds 20% of basic on top. Enter the salary and see the real monthly and yearly cost.

Rs.
Rs.

Dearness and other allowances

Which scheme?

How this is worked out

The salary you agree is not what the employee costs. Under SSF the employer adds 20% of basic on top and deducts 11% from the employee. Outside SSF the usual arrangement is 10% provident fund from each side plus gratuity accruing at 8.33% of basic. Income tax on salary is separate — use the salary tax calculator for that.

True monthly cost to you

Rs. 0

Gross salary
Rs. 0
Your contribution
Rs. 0
Deducted from staff
Rs. 0
Employee take-home before tax
Rs. 0
Yearly cost to you
Rs. 0

Income tax on this salary is worked out separately. Salary tax calculator

If payroll and its filings are taking your time, that is exactly what an outsourced finance function is for.

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Rates are those applying for FY 2083/84 and change with each Finance Act. This is a general guide, not advice on your circumstances. Where the amount is material, have the position checked before you act.

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