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Bonus Calculator
🎁 Bonus Calculator
A bonus quoted as a percentage of CTC is a gross figure — tax still applies to it. This shows the actual net amount you'll receive after your applicable tax slab is deducted.
Bonuses are usually taxed at your marginal tax rate for that pay period, often via TDS, which is why a "15% bonus" rarely feels like 15% extra in your account — pick the tax slab closest to your actual annual income bracket for the most realistic estimate.
Frequently Asked Questions
Why is my actual bonus lower than the percentage quoted?
The percentage quoted in your offer or appraisal letter is the gross bonus before tax — like regular salary, it's taxed at your applicable slab rate before it reaches your account.
Which tax slab should I select?
Use the marginal tax rate that applies to your total annual income including the bonus — if you're unsure, your last payslip's TDS deduction is a reasonable guide.
Is bonus taxed differently from regular salary?
No — bonuses are added to your total income for the year and taxed at the same slab rates as regular salary; there's no separate 'bonus tax rate' in India.
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