Comprehensive – New Labour Codes Compliant 2 Salary Calculator

Stop Guessing Salary Structures

Make your CTC fully compliant with New Labour Codes in minutes.

A practical, ready-to-use Excel calculator designed to help you compute:

• Correct wages as per the 50% rule
• In-kind remuneration treatment
• Accurate statutory calculations (PF, ESI, Bonus)
• Fully compliant salary structures

Without confusion. Without manual errors.

What Problem It Solves

If you are working on salary structures today, you are already aware of the challenges:

• The 50% wage rule is difficult to apply in real scenarios
• In-kind remuneration treatment is unclear and inconsistent
• Most Excel templates available online are incorrect or incomplete
• Small mistakes can lead to non-compliance and financial risk

There is no single reliable tool that brings all of this together.

Note: This product includes two Excel calculators:

• With wages considered as 50% of CTC
• With wages considered as 50% of Total Remuneration

Both approaches are compliant and can be applied in practical scenarios.

The Solution

This is not just another salary calculator. It is a comprehensive compliance tool built to address real-world challenges faced by HR and payroll professionals.

This calculator helps you:

• Calculate wages accurately as per draft labour code rules
• Automatically apply the 50% compliance requirement
• Adjust exclusions with built-in logic
• Handle in-kind remuneration correctly
• Compute statutory impact (PF, ESI, Bonus)
• Create practical, compliant salary structures

What Makes This Different

Most tools:

• Provide formulas without context
• Leave interpretation to the user

This tool:

• Combines logic with compliance requirements
• Built using real scenarios, not theoretical assumptions
• Designed for practical HR and payroll applications

What You Can Do With This

• Design compliant CTC structures
• Test multiple salary scenarios instantly
• Understand the impact of exclusions versus wages
• Ensure statutory calculations are accurate
• Prevent compliance issues before they occur

Who This Is For

• HR Professionals
• Payroll Managers
• Startup Founders
• Finance Teams
• Consultants working on salary structuring

What This Is Not

• Not a basic template
• Not a theoretical worksheet
• Not a collection of copied formulas

This is a practical compliance tool built on real-world understanding.

Reality Check

Many professionals today are:

• Guessing calculations
• Using incorrect formats
• Relying on outdated logic

This tool eliminates that uncertainty.

Pricing

Get instant access to the calculator with a one-time payment.

Get the Calculator

Start building compliant salary structures with confidence.

Download now and remove guesswork from your calculations.