Punjab Paycheck Calculator 2026
Take-home pay in Punjab, with India tax rules applied automatically.
= ₹12,00,000 per year (12 LPA)
Estimated monthly take-home
₹95,000
₹11,40,000 per year · 0.2% goes to tax & contributions
| Item | Per year | Per month |
|---|---|---|
| Gross salary | ₹12,00,000 | ₹1,00,000 |
| Income tax (new regime) | −₹0 | −₹0 |
| Health & education cess (4%) | −₹0 | −₹0 |
| Professional taxPunjab | −₹2,400 | −₹200 |
| Employee EPF12% of basic — goes to your EPF | −₹57,600 | −₹4,800 |
| Take-home pay | ₹11,40,000 | ₹95,000 |
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources. Always confirm with an official tax authority or a licensed adviser before making decisions.
What's different about Punjab
Punjab levies a development tax of up to ₹2,400/year; its cities are non-metro for HRA (40%).
On a ₹12,00,000 salary, take-home in Punjab is an estimated ₹95,000 a month — set your own salary above to tailor it.
For a full walkthrough of how India's tax and contributions work, see the India salary & tax guide.
What you keep at different salaries in Punjab
At the India median, Punjab rules leave you ₹100 a year more than Maharashtra; at 2× the median, ₹100 a year more than Maharashtra.
| Gross salary | Take-home / month | Deducted | vs Maharashtra |
|---|---|---|---|
| 4.5 LPA | ₹35,500 | 0.5% | +₹100 |
| 6 LPA | ₹47,400 | 0.4% | +₹100 |
| 9 LPA | ₹71,200 | 0.3% | +₹100 |
| 12 LPA | ₹95,000 | 0.2% | +₹100 |
A ₹12,00,000 salary in Punjab, per period
| Pay period | Gross | Take-home |
|---|---|---|
| Per year | ₹12,00,000 | ₹11,40,000 |
| Per month | ₹1,00,000 | ₹95,000 |
| Per week | ₹23,077 | ₹21,923 |
| Per day (260 working days) | ₹4,615 | ₹4,385 |
| Per hour (2,080 hours) | ₹577 | ₹548 |
Where Punjab ranks for take-home
On ₹12,00,000, Punjab ranks joint 10 of 24 for take-home — ₹11,40,000 a year, ₹2,400 behind Delhi (NCT), Uttar Pradesh and 7 other states and ₹100 ahead of Maharashtra, Tamil Nadu and 9 other states.
3 other states keep exactly the same ₹11,40,000: Karnataka, Gujarat, Chhattisgarh. Next up are Delhi (NCT), Uttar Pradesh and 7 other states, ₹2,400 a year ahead; next down are Maharashtra, Tamil Nadu and 9 other states, ₹100 behind.
| # | State | Net / year | Net / month | Deducted |
|---|---|---|---|---|
| =1 | Delhi (NCT) | ₹11,42,400 | ₹95,200 | 0.0% |
| =10 | Karnataka | ₹11,40,000 | ₹95,000 | 0.2% |
| =10 | Gujarat | ₹11,40,000 | ₹95,000 | 0.2% |
| =10 | Punjab (this state) | ₹11,40,000 | ₹95,000 | 0.2% |
| =10 | Chhattisgarh | ₹11,40,000 | ₹95,000 | 0.2% |
| =14 | Maharashtra | ₹11,39,900 | ₹94,992 | 0.2% |
| =14 | Jharkhand | ₹11,39,900 | ₹94,992 | 0.2% |
Other states
Frequently Asked Questions
+How much is take-home pay in Punjab?
On a ₹12,00,000 salary in Punjab, estimated take-home is about ₹95,000 a month after tax and contributions (0.2% deducted). Use the calculator above for your exact figure.
+Is income tax different in Punjab?
Punjab levies a development tax of up to ₹2,400/year; its cities are non-metro for HRA (40%).
+What's the marginal tax rate in Punjab?
On a ₹12,00,000 salary in Punjab, the marginal rate is about 5% — that's the rate on your next unit of pay, so it's what a raise or bonus is taxed at here.
+Does Punjab keep more of your salary than other states?
On the same ₹12,00,000 salary, Punjab keeps ₹11,40,000 and ranks joint 10 of 24, ₹2,400 behind Delhi (NCT), Uttar Pradesh and 7 other states at the top and ₹100 ahead of Maharashtra, Tamil Nadu and 9 other states at the bottom.
+What is a ₹12,00,000 salary in Punjab per month?
About ₹95,000 a month after tax, from ₹1,00,000 gross — roughly ₹548 an hour net on a standard 2,080-hour year.
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources (last reviewed October 2026). Always confirm with an official tax authority or a licensed adviser before making decisions.