Salary example

15 LPA In-Hand Salary Estimate in India

Estimate monthly take-home from 15 LPA CTC in India for FY 2026-27 with tax, EPF, professional tax and salary breakup assumptions.

Estimated monthly in-hand₹1,05,603

For 15 lakh annual CTC with 40% basic, 20% HRA, 12% PF and no annual bonus, estimated annual in-hand is ₹12,67,232.

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What to enter: Enter annual CTC and the salary breakup from your offer or payslip. Keep employer costs separate from employee deductions.
What the result means: Monthly take-home is estimated cash salary after employee deductions and income tax, not CTC divided by 12.

See an example & limits

Simple example: ₹12 lakh annual CTC averages ₹1 lakh per month in employer cost, before employer benefits and payroll deductions.
Keep in mind: Bonus timing, PF policy, professional tax and payroll declarations can change actual payslips. Tax is an estimate for the selected regime and year.

CTC components

Annual CTC₹15 lakh

₹

Basic % of CTC

HRA % of CTC

Annual bonus

₹

Employer PF %

Employee PF % of PF wages

Cap PF wages at ₹15,000/month (both contributions)

Employer gratuity provision in CTC (annual)

₹

Other non-cash employer costs in CTC (annual)

₹

Enter only non-taxable employer costs, such as group insurance. Taxable perquisites and employer NPS need separate treatment.

Professional tax (annual)₹2.5 thousand

₹

Metro city (50% HRA exemption cap)

Annual rent paid

₹

Actual old-regime deductions

Other eligible 80C payments (excluding employee PF)

₹

Employee PF is included automatically; combined 80C is capped at ₹1.5 lakh.

Eligible 80D deduction (self/family and parents)

₹

Additional NPS deduction — 80CCD(1B)

₹

Eligible self-occupied home-loan interest

₹

Tax regime used for take-home

Regular monthly pay excludes annual bonus and spreads estimated yearly TDS and professional tax evenly. Use your offer-letter PF basis; salary estimates assume a resident individual under 60.

Regular monthly in-hand: ₹1,05,603; Excludes annual bonus; TDS averaged

In-hand annual: ₹12,67,232; Including bonus: ₹1,05,603/month average

Tax used: New regime: ₹86,268; Recommended: New regime

What your numbers mean

You take home 84% of CTC (₹12,67,232 a year).
The rest covers income tax, employee and employer PF, professional tax and entered employer costs.
The new regime saves ₹1,25,424 a year.
Recheck the comparison if your rent, deductions or home-loan interest changes.
Income tax takes 6.0% of gross salary (about ₹7,189 a month).
This effective rate combines all slabs; it is lower than the highest slab you reach.
₹1,44,000 a year goes to provident fund.
Employee and employer PF build retirement savings rather than monthly cash pay.

CTC split

See how the total is divided. Amounts in rupees.

In-hand

84%

In-hand · 84.5%₹12,67,232
Tax · 5.8%₹86,268
Employee PF · 4.8%₹72,000
Professional tax · 0.2%₹2,500
Employer PF · 4.8%₹72,000
Other employer costs · 0.0%₹0

Annual cash gross salary: ₹14,28,000
Taxable income — new regime: ₹13,53,000
Taxable income — old regime: ₹13,03,500
Annual tax — new regime: ₹86,268
Annual tax — old regime: ₹2,11,692

Starting-scenario breakdown

Monthly breakdown

Monthly CTC: ₹1,25,000
In-hand monthly: ₹1,05,603
Employee PF monthly: ₹6,000
Estimated tax monthly: ₹7,189

Annual breakdown

Annual CTC: ₹15,00,000
Annual in-hand: ₹12,67,232
Employee PF: ₹72,000
Selected-regime tax: ₹86,268

Alternative scenarios

With 3.6 lakh annual rent

₹1,05,603

Rent can reduce old-regime taxable salary, but does not exempt HRA under the selected new regime. Compare regimes in the calculator.

50% basic salary

₹1,02,837

Higher basic increases PF and can reduce monthly bank credit while improving retirement savings.

Add 2 lakh CTC

₹1,18,194

At 17 lakh CTC, estimated monthly in-hand is ₹1,18,194.

Assumptions

FY 2026-27 income-tax config, resident salaried taxpayer under 60, metro city and new regime selected.
LPA refers to annual CTC in this example; the displayed in-hand amount is the estimated post-tax, post-employee-PF take-home.
40% basic, 20% HRA, no bonus, 12% employer PF and 12% employee PF.
PF uses full basic wages. Only actual employee PF is assumed for 80C; no other deductions are invented. Professional tax is ₹2,500/year; gratuity provision, insurance, ESOPs and RSUs are excluded.

Official sources

Customise this calculation

This page uses one common set of assumptions. Open the calculator to adjust salary structure, deductions, return expectations, loan rate, tenure or retirement assumptions for your own case.

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