Salary Hike Calculator – Increment Percentage
Got an increment letter or a new offer? Work out what the percentage means in rupees, or what percentage a new number represents.
New salary
₹9,20,000
- Increase amount
- ₹1,20,000
- Current salary
- ₹8,00,000
- Hike percentage
- 15%
Formula
New salary = Old × (1 + Hike% ÷ 100). Hike% = (New − Old) ÷ Old × 100.
Worked example
₹8 lakh with a 15% hike becomes ₹9.2 lakh, an increase of ₹1.2 lakh a year or ₹10,000 a month before tax.
Frequently asked questions
- What is a good salary hike in India?
- Annual increments average 8–10%. Job switches typically fetch 20–40%. Compare against inflation of roughly 5–6%.
- Is a 30% hike on CTC the same as 30% in-hand?
- Not always. Check how much of the new CTC is variable pay or employer contributions using the CTC to in-hand calculator.
Last reviewed 2026-10-31. Results are estimates for information only and do not constitute financial, tax or legal advice.