Salary Hike Calculator

Your new salary from a hike percentage (or the hike % from a new offer) and the real raise after inflation.

InstantPrivate — runs in your browserFree, no sign-up

Your details

₹
₹1 L₹5 Cr
I know the
%
0%200%
₹
₹1 L₹5 Cr
%
0%15%
Use your expected yearly price rise (India's CPI inflation target is 4%).

Result

How to use

  1. 1

    Enter your current CTC.

  2. 2

    Enter the hike percentage — or switch to enter the new CTC you were offered.

  3. 3

    See the new salary, the increase per month and your real raise after inflation.

Questions

How is the hike percentage calculated?

Hike % = (new CTC − current CTC) ÷ current CTC × 100. A move from ₹12 lakh to ₹13.2 lakh is a 10% hike.

What is a real raise?

Your hike after inflation: (1 + hike) ÷ (1 + inflation) − 1. A 10% hike with 5% inflation is a real raise of about 4.76% — that is how much more you can actually buy.

Will my in-hand pay rise by the same %?

Not exactly. PF rises with basic pay and income tax may rise faster because of tax slabs, so take-home pay usually grows a little less than CTC. Use the salary calculator to check.

About this Salary Hike tool

Salary Hike Calculator — Your new salary from a hike percentage (or the hike % from a new offer) and the real raise after inflation. It is one of 200 free tools on namasivayam.in, made by software engineer Namasivayam Vadivelan for everyday use in India.

Everything is calculated instantly in your browser: nothing you type or upload is sent to any server, there is no sign-up, and it works on mobile and desktop. Enter your current CTC.

Related reading

Articles that go with this tool

All articles →

Related tools

More money tools you may like

All 200 tools →

Results are estimates to help you plan. They are not financial, tax or medical advice.