Salary, Tax & Net Worth Calculators

Divide your annual salary by the number of hours you work in a year. The standard full-time year is 40 hours a week × 52 weeks = 2,080 hours, so a $60,000 salary works out to about $28.85 per hour. The converter above lets you adjust hours per week and weeks per year (to account for unpaid time off) and also breaks your pay down into daily, weekly, bi-weekly, monthly, and quarterly figures.

For the 2025 tax year, federal income tax has seven brackets — 10%, 12%, 22%, 24%, 32%, 35%, and 37% — with the income thresholds depending on your filing status. For a single filer, 10% applies up to $11,925, rising in steps to 37% above $626,350. The US tax calculator above uses the official 2025 thresholds for single, married filing jointly, married filing separately, and head-of-household filers.

Your marginal tax rate is the rate applied to your last dollar of income — the bracket your top dollar falls into. Your effective tax rate is the total tax you pay divided by your total income, which is always lower because the US uses a progressive system where only the income within each bracket is taxed at that bracket's rate. The calculator shows both, so you can see your headline bracket and your true average rate.

It depends on your deductions. The new regime for 2025-26 has lower rates and a generous rebate (zero tax up to ₹12,00,000) but allows almost no deductions. The old regime has higher rates but lets you claim 80C, 80D, HRA, home-loan interest, and more. If you have large deductions, the old regime can win; if you don't, the new regime usually wins. The India tax calculator above computes both side by side and highlights the one that saves you more.

Section 87A gives a rebate that reduces your tax to zero if your total taxable income is at or below a threshold. For 2025-26, the new regime offers a full rebate up to ₹12,00,000 of income, and the old regime offers it up to ₹5,00,000. Above those limits the rebate no longer applies and normal slab tax is due. The calculator applies the correct 87A rebate automatically for each regime.

Net worth is simply your total assets minus your total liabilities. Add up everything you own — home, investments, savings, vehicles, and other valuables — then subtract everything you owe, such as a mortgage, car loan, credit-card balances, and student loans. The result, which can be positive or negative, is your net worth. The calculator above totals both sides and shows the figure prominently, in USD or INR.

Break-even analysis finds the sales volume at which total revenue equals total costs, so you make neither a profit nor a loss. It's calculated as fixed costs ÷ (price per unit − variable cost per unit). Below the break-even point you lose money; above it you profit. The break-even calculator above returns the break-even units and revenue and charts your profit and loss across a range of sales volumes.

A widely used guideline is the 50/30/20 rule: about 50% of take-home pay for needs, 30% for wants, and at least 20% for savings and debt repayment. Many planners suggest saving 15–20% of gross income toward retirement specifically. The right number depends on your goals, age, and obligations, but using the salary and net worth calculators together helps you set a savings target and track progress over time.

India's old tax regime allows a range of deductions: the standard deduction of ₹50,000 for salaried taxpayers, Section 80C up to ₹1,50,000 (for investments like PPF, ELSS, and life insurance), Section 80D for health-insurance premiums (up to ₹25,000, or ₹50,000 for senior citizens), house-rent allowance (HRA) exemption, and home-loan interest under Section 24(b) up to ₹2,00,000. The calculator lets you enter each of these to compute your old-regime tax.

For salaried taxpayers in 2025-26, the standard deduction is ₹50,000 under the old regime and ₹75,000 under the new regime. It's a flat amount subtracted from salary income before tax is calculated, with no proof or investment required. The India tax calculator applies the ₹50,000 old-regime standard deduction automatically when you compute the old regime.