Pan India CTC Calculator — Labour Codes ready
Build a salary structure for any state. Add or remove components, classify each under the Code on Wages, and see PF, ESIC, bonus, gratuity, PT, LWF and take-home pay instantly.
1. Employee & location
₹7,20,000 per year
Minimum wage auto-fills from our state master and can be edited — rates vary by zone, skill and VDA. Masters reviewed 13 Oct 2026.
2. Salary components3
Add, remove or edit any component and classify it under the Code on Wages 'wages' definition. Balancing components fill the remaining CTC in list order, up to their cap.
- ₹30,000%Wages
- ₹15,000Excluded · 50% test
- ₹12,000Excluded · 50% test
3. Statutory settings
Provident Fund
ESIC
Bonus & gratuity
Code on Wages — 50% test
Interpretations differ; choose the basis your organisation follows.
4. Offer letter detailsoptional
Details stay in your browser — nothing is uploaded or stored.
CTC / month
₹60,000
₹7,20,000 / year
Gross / month
₹57,000
₹6,84,000 / year
Take-home / month
₹53,965
₹6,47,580 / year · before TDS
| Component | Monthly | Annual |
|---|---|---|
| A. Earnings | ||
| Basic PayWages | ₹30,000 | ₹3,60,000 |
| House Rent Allowance (HRA)Excluded · 50% test | ₹15,000 | ₹1,80,000 |
| Conveyance AllowanceExcluded · 50% test | ₹12,000 | ₹1,44,000 |
| Gross salary | ₹57,000 | ₹6,84,000 |
| B. Employer contributions | ||
| Employer PF12% of ₹25,000 | ₹3,000 | ₹36,000 |
| of which EPS (8.33%, up to ceiling) | ₹2,083 | ₹24,996 |
| of which EPF (balance) | ₹917 | ₹11,004 |
| Employer ESIC (3.25%)not covered | ₹0 | ₹0 |
| Statutory bonus (8.33%)not eligible / off | ₹0 | ₹0 |
| Gratuity provision | ₹0 | ₹0 |
| Cost to company (CTC) | ₹60,000 | ₹7,20,000 |
| C. Employee deductions | ||
| Employee PF (12%) | ₹3,000 | ₹36,000 |
| Employee ESIC (0.75%) | ₹0 | ₹0 |
| Professional Tax | ₹0 | ₹0 |
| Labour Welfare Fund | ₹35 | ₹420 |
| Take-home (before TDS) | ₹53,965 | ₹6,47,580 |
Code on Wages — 50% wages test
Section 2(y), Code on Wages 2019 · Section 2(88), Code on Social Security 2020
- All remuneration
- ₹60,000
- basis: total CTC
- 50% limit
- ₹30,000
- Wage components
- ₹30,000
- Basic, DA, retaining & other wage allowances
- Excluded items (a)–(i)
- ₹30,000
- Added back to wages
- ₹0
- within limit
- Wages under the Codes
- ₹30,000
- base for PF, bonus & gratuity
- PF wages used
- ₹25,000
- capped at ₹25,000
- ESIC
- Not covered
- ceiling ₹21,000
Illustrative calculation for planning only — not legal or tax advice. TDS is not included. Rates, ceilings and state masters should be verified against the latest notifications for your establishment.
ANNEXURE – A: COMPENSATION DETAILS
| Name of candidate: | — | Date of joining: | — |
| Designation: | — | Location: | Haryana |
| Department: | — | Job band: | 06 |
| Salary components | Monthly (₹) | Annual (₹) |
|---|---|---|
| Basic Pay | ₹30,000 | ₹3,60,000 |
| House Rent Allowance (HRA) | ₹15,000 | ₹1,80,000 |
| Conveyance Allowance | ₹12,000 | ₹1,44,000 |
| GROSS SALARY | ₹57,000 | ₹6,84,000 |
| Employer PF | ₹3,000 | ₹36,000 |
| Employer ESIC | ₹0 | ₹0 |
| Statutory bonus | ₹0 | ₹0 |
| Gratuity | ₹0 | ₹0 |
| TOTAL COST TO COMPANY (CTC) | ₹60,000 | ₹7,20,000 |
| Employee PF | ₹3,000 | ₹36,000 |
| Employee ESIC | ₹0 | ₹0 |
| Professional Tax | ₹0 | ₹0 |
| Labour Welfare Fund | ₹35 | ₹420 |
| Total deductions | ₹3,035 | ₹36,420 |
| NET PAY (BEFORE TAX) | ₹53,965 | ₹6,47,580 |
Accepted by:
_______________________
Authorised signatory:
_______________________
HR Department
Prepared with the Statutory Solution CTC Calculator (statutorysolution.com). Statutory figures are illustrative.
Need the offline Excel version? It's included in the PF + ESIC + CTC Combo with the PF ECR and ESIC MC generators.
FAQs
How it works
How does the 50% wages rule affect CTC?
Under the Labour Codes, 'wages' means Basic pay, DA and retaining allowance. Items like HRA, conveyance, overtime, commission, bonus and employer PF are excluded — but if they exceed 50% of all remuneration, the excess is added back to wages. This increases the base for PF, gratuity and bonus.
Can I add my own salary components?
Yes. Add, remove, reorder and rename components, choose how each is calculated (fixed, % of CTC, % of Basic or balancing figure), and classify each one as wages or as an exclusion under the Code on Wages.
Which states are covered?
All states and union territories are listed. PT, LWF and indicative minimum wages are pre-configured for the major states; for others you can enter the amounts manually.
Is the PF wage ceiling ₹25,000 included?
Yes. The EPF wage ceiling of ₹25,000 (effective 17 September 2026) is the default, and you can choose whether to restrict PF to the ceiling.
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