FAQs

1. What is the AIA Salary Calculator?

The AIA Salary Calculator is a web tool that helps employees estimate their net salary after considering various financial components like basic pay, allowances, deductions, and taxes. It provides quick calculations for better financial planning.

2. How accurate is the calculator?

The calculator provides approximate results based on standard tax calculations and user inputs. Accuracy depends on current tax regulations and correct input values. Always consult a financial advisor for exact calculations.

3. What formula does it use?

Net Salary = (Basic Salary + Allowances) - Deductions - (Basic Salary * Tax Rate). The calculator assumes standard tax rates (10% in this implementation) which can be modified as per regional regulations.

4. Is my data stored?

No personal data is stored or collected. All calculations are performed client-side in your browser, ensuring complete privacy and security of your financial information.

5. Can I use it for contract work?

Yes, the calculator works for both permanent and contract employment. Simply input your gross contract amount as basic salary and any applicable allowances or deductions.

6. How to calculate bonuses?

Include bonuses in the allowances field. The calculator will automatically add them to your basic salary before applying deductions and taxes, giving you an accurate net salary estimate.

7. Why different from actual salary?

Differences may occur due to company-specific deductions, varying tax rates, or additional benefits. The calculator uses standard parameters - consult your payroll department for exact breakdown.

8. Can I save calculations?

Currently, the calculator doesn't save results. Users can manually note down or screenshot results. Future versions may include save/export functionality.

9. Mobile-friendly?

Yes, the calculator is fully responsive and works on all devices. The interface adjusts automatically to different screen sizes for optimal user experience.

10. How often updated?

The calculator follows latest tax regulations. We update tax rates annually or as needed. Users should verify current tax rates in their region for maximum accuracy.