Salary Budget Calculator India

How this works

The 50/30/20 rule is a popular budgeting framework: 50% for needs (rent, food, transport, utilities), 30% for wants (entertainment, shopping, dining out), and 20% for savings and investments. City-adjusted values reflect realistic living costs in different Indian cities. CTC to in-hand conversion assumes ~28% deductions (12% EPF employee + 12% EPF employer + tax + professional tax). Actual take-home depends on your tax slab and company benefits.

Frequently asked questions

What's the 50-30-20 rule this tool uses?

50% of your monthly take-home goes to needs (rent, groceries, food, transport, utilities, health), 30% to wants, and 20% to savings — a widely used personal-finance split, applied to your real numbers.

Does it work with CTC or in-hand salary?

Both. Enter your annual CTC and it estimates a realistic monthly take-home after typical deductions, or enter your actual in-hand salary directly if you already know it.

How does it estimate rent, groceries, and other needs?

Each needs category is capped at a realistic amount for your city rather than just splitting 50% evenly — so rent doesn't eat your whole needs budget if your city's typical rent is lower than that.

Is this salary breakdown tool free, and do I need to sign up?

It's completely free with no signup. If you're sharing rent and bills with flatmates based on this budget, Niptao (also free) tracks and settles those shared costs via UPI.