CTC Calculator

Free

Old vs New Wage Code

Compare CTC under Old Regime and New Wage Code with gratuity provision, ESI, and cost-neutral optimizer.

Input Parameters

Employee & Entity

Employee Name

Employee Code

Entity

Monthly Components

Basic (Rs)

DA (Rs)

HRA (Rs)

Conveyance (Rs)

Special Allowance (Rs)

Other Allowance (Rs)

Bonus (Rs/month)

Months of Service60 (5.0 yrs)

Cap PF at Rs 15,000

Fixed-Term Employee

Optimize for Cost-Neutral CTC

Keep Take-Home Same

Find the right salary structure under new code

Pro

Unlock Pro Features

Custom salary heads — Medical, Food Coupons, LTA, etc.
Keep Take-Home Same — auto-adjust salary to maintain net pay under new code
Download Excel — export full CTC comparison sheet

Pro

CTC Change

+₹12,290

Take-Home Change

-₹5,443

Gratuity Change

+₹7,716

Annual Comparison

Old RegimeNew Code

Basic

₹1,80,000₹1,80,000

₹0₹0

HRA

₹90,000₹90,000

Conveyance

₹19,200₹19,200

Special Allowance

₹1,20,000₹1,20,000

Other Allowance

₹0₹0

Bonus

₹15,000₹15,000

Gross Wages

₹4,24,200₹4,24,200

Wages for PF

₹1,80,000₹2,12,100

Wages for Gratuity

₹1,80,000₹2,12,100

Wages for ESIC

₹4,24,200₹2,12,100

Excess Exclusion (50% rule)

₹0₹32,100

Employer PF (12%)

₹21,600₹25,452

Employer ESIC (3.25%)

₹0₹6,894

Gratuity Provision (4.81%)

₹8,658₹10,202

CTC

₹4,54,458₹4,66,748

Employee PF

₹21,600₹25,452

Employee ESIC

₹0₹1,591

Take-Home

₹4,02,600₹3,97,157

Gratuity Payout

₹43,269₹50,986

ESIC (Old)Not Eligible

ESIC (New)Eligible

CTC Comparison Guidelines

This calculator compares the Old Regime vs New Wage Code (Code on Wages 2019) with the 50% rule.

Key Changes Under New Code

Wages for PF/ESIC/Gratuity = max(Basic + DA, 50% of Gross)
Gratuity provision added at 4.81% (15/312) to CTC
ESI uses Math.ceil for contribution rounding
Fixed-term employees: gratuity eligible after 1 year

Cost-Neutral Mode

Finds the Special Allowance that keeps total CTC equal to old regime.

Take-Home Neutral Mode (Pro)

Finds the Special Allowance needed so that net take-home under the new code remains the same as the old regime. Shows exactly how much CTC will increase to maintain the same in-hand salary.