Work out your salary hike percentage and increase, or the new salary after a raise. Monthly or annual, instant, browser-side.
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Enter your figures above to see the hike percentage, the increase, and the new salary.
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financeTL;DR
Hike % = (new salary - old salary) / old salary x 100. Going from Rs 50,000 to Rs 55,000 is a 10% hike (an increase of Rs 5,000). To go the other way, new salary = old x (1 + hike% / 100). The percentage is the same for monthly or annual figures. A hike on CTC is not the same as 10% more in-hand - tax and deductions change with the raise - so check the take-home with the Salary Calculator. Your salary figures are processed in your browser and are not stored.
| Hike % formula | (new - old) / old x 100 |
| New salary formula | old x (1 + hike% / 100) |
| Monthly vs annual | Same %; keep both figures in one period |
| Pay cut | A negative hike % (floored at -100%) |
| CTC vs in-hand | Same %, different take-home (tax/PF change) |
| Privacy | Salary figures are processed in your browser and not stored |
Subtract your old salary from your new salary to get the increase, divide by the old salary, and multiply by 100. For a raise from Rs 50,000 to Rs 55,000: the increase is Rs 5,000, and 5,000 / 50,000 x 100 = 10%. The percentage does not depend on whether you use monthly or annual numbers, as long as both are for the same period - Rs 6,00,000 to Rs 6,60,000 a year is the same 10% as Rs 50,000 to Rs 55,000 a month.
Multiply your current salary by one plus the hike as a fraction: new = old x (1 + hike% / 100). A 10% hike on Rs 50,000 is 50,000 x 1.10 = Rs 55,000. Switch the calculator to "I know old salary and hike %" to do this directly. A pay cut is just a negative percentage; the tool floors a cut at -100%, since you cannot lose more than your whole salary.
A hike percentage is just a ratio, so it applies the same to CTC, gross, or in-hand pay - but what reaches your bank account does not rise by the same percentage. As your salary goes up, income tax and statutory deductions (like PF) change too, so a 10% CTC hike usually means a bit less than 10% more in-hand. To see the real take-home effect of your raise, run the new figure through the Salary Calculator (new and old regime, all states), and estimate the extra tax on the increment with the Income Tax Calculator. Planning the raise into long-term savings? Compare options with the SIP Calculator.