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New Wage Code Salary Calculator India (2026)

Convert CTC to In-Hand Salary or In-Hand to CTC with PF, ESI, Gratuity & Bonus

βœ” 100% Free β€’ βœ” No Signup Required β€’ βœ” Instant Calculation

CTC to In-Hand Salary Calculator (India 2026)

Use this calculator to convert your CTC to in-hand salary or estimate required CTC from your expected take-home salary. It includes PF, ESI, gratuity, bonus and all statutory deductions under the new wage code

Last updated: March 2026

Calculation Parameters

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Calculate Based On
Minimum Wages
Work Details

Salary Breakdown

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Select a setting, fill in the parameters above,
then click Calculate to see the full breakdown.

Old vs New Wage Code Salary Structure

Under the new wage code, basic salary must be at least 50% of total compensation. This increases PF and gratuity contributions but may reduce take-home salary.

Who Should Use This Salary Calculator?

  • Employees calculating in-hand salary
  • HR professionals designing salary structure
  • Employers ensuring wage code compliance

What is the New Wage Code Salary Calculator?

The New Wage Code Salary Calculator helps employees and HR professionals calculate accurate salary breakdowns based on India’s latest labor laws. It includes Basic Salary rules, PF contribution, ESI deduction, gratuity, bonus, and other statutory components.

How to Calculate Salary Under New Wage Code?

  • Basic salary must be at least 50% of total CTC
  • PF is calculated on basic salary
  • ESI applies if basic salary ≀ β‚Ή21,000
  • Gratuity = 4.81% of basic salary

Benefits of Using This Calculator

  • Accurate take-home salary calculation
  • Fully compliant with Indian labor laws
  • Instant breakdown of earnings & deductions
  • Supports multiple salary structures

CTC vs In-Hand Salary – Key Difference

CTC (Cost to Company) includes all employer contributions such as PF, gratuity, bonus, and insurance, while in-hand salary is the amount you actually receive after deductions like PF, ESI, and professional tax.

Frequently Asked Questions

What is the new wage code in India?

The new wage code mandates that basic salary must be at least 50% of total compensation.

How is PF calculated?

PF is calculated as 12% of basic salary for both employee and employer under EPF rules in India.

What is in-hand salary?

In-hand salary is the amount received after all deductions like PF, ESI, and taxes.