50/30/20 Budget Calculator
Split your take-home into needs, wants and savings
The 50/30/20 rule budgets your post-tax take-home: 50% to needs, 30% to wants, 20% (minimum) to savings and investments. Raise the savings slider and the difference comes out of wants — that's the point. Because Indian salaries already route EPF before take-home, you may effectively be saving more than the slider shows; count EPF toward the savings share when judging yourself.
Making the savings bucket tax-smart: a good default order — first an emergency fund (liquid fund/sweep FD), then the tax-advantaged wrappers: EPF/VPF and PPF (tax-free, 80C in the old regime), ELSS funds (equity returns with 80C, 3-yr lock-in), NPS (extra ₹50,000 deduction under 80CCD(1B), old regime), then plain equity SIPs (12.5% LTCG beyond ₹1.25L/yr — the most tax-efficient unsheltered option). Under the new regime the 80C/80CCD deductions don't apply, but PPF/EPF interest stays tax-free either way, so the wrappers still matter.