Salary Budget Planner 2026: Take-Home, Tax & SIP Plan
India's smartest budget planner for salaried professionals. Enter your CTC — get accurate take-home, monthly budget, new vs old regime comparison, SIP recommendation & free Excel.
💼 Your Salary
Monthly gross: ₹1,00,000
📋 Monthly Spend Allocation
Adjust to match your actual spending — budget score updates live
Monthly Take-Home Salary
₹95,000
Gross: ₹1,00,000 · Tax: ₹0 · PF: ₹4,800 · Effective rate: 0%
Budget Score
90
Healthy 🎉
💧 Salary Waterfall
Annual Take-Home
₹11.40 L
₹95,000/month
Annual Tax
₹0
0% effective rate
Annual PF (yours)
₹57,600
+ employer matches ₹₹57,600 more
Budget Status
Within Budget
15.8% savings rate
Recommended SIP
₹17,000
20% of disposable income
Emergency Fund
₹5.70 L
6 months take-home in liquid instrument
New Regime saves you more — ₹₹5,122/month extra take-home
New regime take-home: ₹95,000 vs Old regime: ₹89,878. Switch to New Regime in your employer's tax declaration.
📥 Download Your Personalised Salary Budget Plan
Gross: ₹1,00,000/mo · Take-home: ₹95,000/mo · Tax: ₹0/mo · Budget Score: 90/100
4 sheets: Salary Summary · Monthly Budget · Tax Comparison · Financial Goals · Free, no sign-up
Frequently Asked Questions — Salary Budget Planner
Common questions about take-home salary, tax regime and budgeting for salaried professionals in India
How do I calculate take-home salary in India?▾
Take-home = Gross Salary − Employee PF (12% of Basic) − Income Tax (monthly TDS) − Professional Tax (₹200/month in most states). For a ₹1 lakh gross monthly salary under the new tax regime, typical take-home is ₹78,000–₹82,000. Use the Planner tab above with your exact CTC for a precise figure including HRA and all deductions.
Is new tax regime better than old for salaried employees in 2026?▾
For most salaried employees in FY 2026-27, the new regime is better unless you have high deductions — 80C, HRA, NPS, 80D and home loan interest all together. The new regime offers a ₹75,000 standard deduction and full rebate for taxable income up to ₹12L (effectively zero tax up to ₹12.75L CTC). Use the Tax Comparison tab above for your exact numbers.
How much should I save from my salary in India?▾
Aim for at least 20% of take-home via SIP — the 50-30-20 rule: 50% needs (housing, food, transport, EMIs), 30% wants, 20% savings. Your PF deduction already counts as forced savings. For a ₹1 lakh gross salary, target ₹15,000–20,000/month SIP after EMIs. The SIP Plan tab shows your exact recommendation.
How do I calculate HRA exemption for income tax?▾
HRA exemption (old regime only) = minimum of: (1) Actual HRA received, (2) 50% of basic in metro cities / 40% in non-metro, (3) Actual rent paid minus 10% of basic salary. You need rent receipts and landlord PAN (if rent exceeds ₹1L/year) to claim HRA. Use the old regime inputs in the Planner tab to compute your exact exemption.
How much emergency fund should a salaried person maintain?▾
Keep 3–6 months of take-home salary in a liquid instrument (liquid mutual fund, high-interest savings, or short-term FD). For ₹80,000 take-home, maintain ₹2.4–4.8 lakh in emergency funds before aggressive SIP. The Financial Goals tab shows your exact target and timeline to build it.
Can I download my salary budget plan as Excel?▾
Yes — click "Download Excel Report" in the green bar above. You get a free 4-sheet Excel: (1) Salary Summary with take-home and deduction details, (2) Monthly Budget with all spend categories and budget score, (3) New vs Old Tax Regime comparison with take-home for both, and (4) Financial Goals with SIP projections for 10, 20 and 30 years. No sign-up required.
Built by ProfitNifty
Personal finance platform for Indian salaried professionals · Smart Money for Every Indian Salary
⚠️ Disclaimer: This salary budget planner is provided for educational and informational purposes only. Tax calculations are based on FY 2026–27 income tax slabs and may differ based on your actual CTC structure, surcharges, specific deductions and employer TDS methodology. Budget recommendations are general guidelines and may not apply to individual circumstances. ProfitNifty is not a SEBI-registered investment advisor or chartered accountant. Please consult a qualified CA or financial planner for personalised tax and investment advice. | profitnifty.in · Smart Money for Every Indian Salary.