Free Hourly Salary Calculator 2026

The calendar method (52 weeks × hours/week) is the standard for Indian payroll. Monthly CTC covers all 52 weeks regardless of leave, so dividing annual CTC by 2,080 hours (at 40 hrs/week) gives the correct hourly rate. This is how hinote.in and RazorpayX Payroll document the conversion.

The Factories Act caps ordinary working hours at 48 per week (Section 51) and mandates overtime at 2× the ordinary wage rate (Section 59). Our statutory method uses this 48-hour cap as the denominator (48 × 52 = 2,496 hours/year), giving a lower hourly rate than the calendar method.

CTC (Cost to Company) includes employer PF, gratuity, and benefits. Gross salary is CTC minus employer contributions. In-hand/net salary is gross minus employee deductions (EPF, ESI, PT, TDS). This calculator works with gross annual figures — if you enter CTC, the hourly rate includes employer-side costs.

In the calendar method (default), paid leave doesn’t affect the hourly rate since salary covers all 52 weeks. In the working days method, leave days are subtracted from total working days, giving a higher hourly rate (same salary ÷ fewer hours). You can adjust leave days in the Work Pattern section.

Yes. Toggle the Direction chip to “Hourly → Salary” in the Nature of Conversion section. Enter your hourly rate and the calculator will compute the equivalent annual, monthly, weekly, and daily salary using the same method and schedule settings.

The base calculation shows gross hourly rate. Statutory deductions (EPF at 12% of basic, ESI at 0.75% if eligible, Professional Tax) can be toggled in the Amount & Calculation Method section. When enabled, the calculator shows both gross and net hourly rates.

Minimum wages vary by state and skill level. As of 2025-26, the central floor wage is ₹178/day. At 8 hours/day, that’s approximately ₹22.25/hour. Our calculator flags rates below this threshold as advisory. Check your state’s Minimum Wages Act notification for the applicable rate.

Yes. The calculator uses current FY 2025-26 statutory rates including EPF contribution limits, ESI wage ceiling (₹21,000/month), and Professional Tax rates. The Factories Act provisions (48-hour cap, 2× OT) remain unchanged from previous years.