Question 1

How do you convert hourly pay to a yearly salary?

Accepted Answer

Multiply your hourly rate by hours worked per week, then by weeks worked per year. At $30/hour, 40 hours/week, 52 weeks/year, that is $30 x 40 x 52, or $62,400 a year before tax. Change the hours or weeks fields if you work part-time or take unpaid weeks off.

Question 2

Should I pick the old or new tax regime in India?

Accepted Answer

For most salaried employees, the new regime gives higher take-home pay because of lower slab rates, a Rs 75,000 standard deduction, and a Section 87A rebate that zeroes out tax up to Rs 12 lakh of taxable income. The old regime wins instead if you claim a large HRA exemption on high rent, or invest close to the full Section 80C and 80D limits. Set the country mode above to India, enter your CTC and deductions, and the two regime cards will show your actual numbers side by side.

Question 3

What does the tax rate slider in Other mode actually estimate?

Accepted Answer

It applies one flat effective rate to every pay period to approximate take-home pay. This is meant for countries the calculator does not model in detail yet. For India, the US, the UK, or Canada, switch the country selector to that country instead and get slab-by-slab, rule-based tax estimates rather than a single flat guess.

Question 4

How accurate are these tax numbers?

Accepted Answer

The India, US, UK, and Canada calculators use real slab rates, standard deductions, and payroll contribution rules sourced from official bodies such as the Income Tax Department, the IRS, gov.uk, and the CRA, current for the rates version shown above your results. A few figures, like US state tax and India's professional tax, are representative approximations because they vary by state and are marked as estimates in the breakdown. Treat every result here as a planning estimate, not tax advice, and confirm exact figures with a tax professional or official calculator before filing.

Question 5

Does changing the currency convert my pay?

Accepted Answer

No. The currency selector changes only the symbol and digit grouping: rupees display Indian-style grouping like 1,04,000 while dollars, pounds, and euros use thousands grouping. No exchange rate is applied anywhere, so enter figures in the currency you are actually paid and read every row in that same currency.

Question 6

Does this include bonuses, overtime, or RSUs?

Accepted Answer

No, this tool converts base pay only. To account for bonuses, signing bonus, and RSU grants across a full offer, use the Offer Comparator tool instead, which breaks out each component separately.

Period	Gross	Net
Hourly	$48	$48
Daily	$385	$385
Weekly	$1,923	$1,923
Monthly	$8,333	$8,333
Annual	$100,000	$100,000

Salary Calculator

Your pay

Every pay period

Keep researching pay

Common questions