FIRE Retirement & Salary Breakup Calculator (India)

Investable corpus

₹0

after home purchase

Monthly expenses needed

₹0

today's money

Safe withdrawal rate

₹0/yr

3.5% of corpus

Corpus needed (25x rule)

₹0

for your expenses

Corpus Presets:

Total corpus (₹ lakh) ₹10 L

Home cost (₹ lakh) ₹0 L

Monthly expenses (₹) ₹20,000

Expected return (post-tax, %) 7%

Inflation (%) 6%

Projection assumes real return = nominal return minus inflation. Home purchase deducted upfront.

Annual CTC

₹0

₹0 / month

Monthly Gross

₹0

₹0 / year

Total Deductions

₹0

EPF + PT + Tax

Net In-Hand (Take-Home)

₹0

₹0 / year

Package Presets:

Income Tax Regime:

New Tax Regime (FY 2024-25) ₹75k Std Ded Old Tax Regime 80C + ₹50k Ded No TDS / Pre-Tax

Gross Salary / Month (₹)

Basic Salary (% of Gross) ✓ 50% Wage Code Compliant 50%

HRA (% of Basic) 40% (Non-metro)

Conveyance Allowance (₹/mo) ₹1,600

Medical Allowance (₹/mo) ₹1,250

Professional Tax (₹/mo) ₹200

EPF Statutory Wage Ceiling Cap PF contribution at statutory ₹15,000 basic wage limit (₹1,800/mo)

1. Salary Earnings Breakdown Gross Remuneration

Component	% Share	Per Month	Per Annum
Basic Salary Minimum 50% under Indian Code on Wages	50.0%	₹0	₹0
HRA (House Rent Allowance) Calculated as % of Basic Salary	20.0%	₹0	₹0
Conveyance Allowance Fixed city allowance	-	₹1,600	₹19,200
Medical Allowance Fixed medical component	-	₹1,250	₹15,000
Special Allowance Balancing component to total Gross	-	₹0	₹0
Total Gross Salary	100%	₹0	₹0

2. Employee Deductions Retained from Gross

Deduction	Statutory Rule	Per Month	Per Annum
PF Contribution (Employee) 12% on Basic (capped at ₹15,000 ceiling)	12%	₹1,800	₹21,600
ESI Contribution (Employee) Applicable if Gross ≤ ₹21,000/month	0.75%	₹0	₹0
Professional Tax (PT) State tax slab (typically ₹200/mo)	State slab	₹200	₹2,400
Income Tax (TDS) New Tax Regime (incl. 4% cess)	Slab rate	₹0	₹0
Total Deductions	-	₹0	₹0
Net In-Hand Salary	Gross - Deductions	₹0	₹0

3. Employer Contributions & CTC Cost to Company

Employer Contribution	Rate	Per Month	Per Annum
Employer PF Contribution 13% (incl. EDLI & admin charges)	13%	₹1,950	₹23,400
Employer ESI Contribution 3.25% if Gross ≤ ₹21,000/month	3.25%	₹0	₹0
Total CTC (Cost to Company)	Gross + Benefits	₹0	₹0

Salary Distribution

Where does your total CTC go?

🎯 Plan FIRE With This In-Hand Pay

Your monthly take-home is ₹75,450. Align your FIRE retirement budget directly with your living expenses.

Statutory Compliance: Under the Indian Code on Wages, Basic Salary must be ≥ 50% of total Gross remuneration. Income Tax is computed as per the latest Union Budget 2024 slabs with ₹75,000 standard deduction under the New Regime.