Taxes & Deductions Explained
Understand your taxes, deductions, and how to maximize take-home pay
Apply NowUnderstanding Your Paycheck
Your gross salary is what company pays. Your net salary is what you take home after taxes and deductions. Understanding deductions helps you plan finances better and ensures you're not overpaying taxes.
Common Deductions
Income Tax
5-20% depending on salary
File ITR to claim refunds
Provident Fund (PF)
12% of salary
Retirement savings, company matches
Employee State Insurance
0.75%
Health and disability coverage
Professional Tax
0-200 per month
Varies by state