In-hand salary for ₹15 lakh CTC

What a ₹15 lakh CTC means each month after PF, professional tax and income tax for FY 2026-27, under both tax regimes.

Last reviewed

In-hand, new regime₹1,10,810per month
In-hand, old regime₹98,862per month, no extra deductions
Income tax, new regime₹88,503per year
PF savings₹3,600per month, yours + employer's

Your CTC

As written in your offer letter.

₹
₹1 L₹1 Cr
% of CTC
20%70%
Variable pay / bonusYearly amount included in the CTC₹
Tax regime
Employer PF12% of basic
Gratuity in CTC4.81% of basic
Professional taxYearly; ₹0 in states without it₹

Your take-home pay

New tax regime, FY 2026-27.

In-hand salary₹1,10,810per month
Income tax₹7,375TDS per month
PF savings₹3,600Yours + employer's
Where your CTC goes
  • In-hand salary89%₹1,10,810
  • Income tax6%₹7,375
  • Your PF contribution1%₹1,800
  • Employer PF contribution1%₹1,800
  • Gratuity (paid when you leave, after 5 years)2%₹3,006
  • Professional tax0%₹208
  • The new regime gives you ₹11,949 more a month than the old regime.
  • A ₹1 lakh raise in CTC adds about ₹6,864 a month to your in-hand pay.

Salary structure

Typical split of your CTC; your employer's may differ. Yearly in-hand includes any bonus after tax.

ComponentMonthlyYearly
Basic salary₹62,500₹7,50,000
House rent allowance (HRA)₹31,250₹3,75,000
Special allowance₹26,444₹3,17,325
Gross salary₹1,20,194₹14,42,325
Employer PF₹1,800₹21,600
Gratuity₹3,006₹36,075
Cost to company (CTC)₹1,25,000₹15,00,000
Less: your PF− ₹1,800− ₹21,600
Less: professional tax− ₹208− ₹2,500
Less: income tax (TDS)− ₹7,375− ₹88,503
In-hand salaryNew regime₹1,10,810₹13,29,722

The details

₹15 lakh CTC salary breakup

A typical structure for a ₹15 lakh CTC (₹15,00,000 a year) in the new regime. The new regime gives the higher take-home pay with no extra deductions.

ComponentMonthlyYearly
Basic salary₹62,500₹7,50,000
House rent allowance₹31,250₹3,75,000
Special allowance₹26,444₹3,17,325
Gross salary₹1,20,194₹14,42,325
Employer PF₹1,800₹21,600
Gratuity₹3,006₹36,075
Your PF− ₹1,800− ₹21,600
Professional tax− ₹208− ₹2,500
Income tax (new regime)− ₹7,375− ₹88,503

In-hand salary: ₹1,10,810 a month (₹13,29,722 a year).

How basic pay changes your in-hand salary

A higher basic raises gratuity and, if PF is on full basic, PF. With PF on the ₹15,000 ceiling:

Basic salaryMonthly in-handMonthly PF (total)
40% of CTC₹1,11,318₹3,600
50% of CTC₹1,10,810₹3,600
60% of CTC₹1,10,303₹3,600

Compared with nearby CTCs

CTCMonthly in-handMonthly tax
₹12 lakh₹93,787₹0
₹13 lakh₹1,01,920₹0
₹14 lakh₹1,04,009₹6,043
₹15 lakh₹1,10,810₹7,375
₹16 lakh₹1,17,674₹8,644
₹17 lakh₹1,24,539₹9,913
₹18 lakh₹1,31,142₹11,442

Change any assumption in the calculator above, or check the income tax on a ₹15 lakh salary.

Frequently asked questions

What is the in-hand salary for a ₹15 lakh CTC?

About ₹1,10,810 a month in the new tax regime for FY 2026-27, assuming basic pay at 50% of CTC, PF on the ₹15,000 wage ceiling, gratuity included in the CTC and ₹2,500 professional tax. In the old regime with no deductions beyond PF it is about ₹98,862.

How much income tax is deducted on a ₹15 lakh CTC?

About ₹88,503 a year (₹7,375 a month as TDS) in the new regime, and about ₹2,31,886 in the old regime with no deductions beyond PF.

How much PF is deducted on a ₹15 lakh CTC?

With PF on the ₹15,000 wage ceiling, you and your employer each contribute ₹1,800 a month. If your employer calculates PF on your full basic, each side becomes ₹7,500 a month and your in-hand pay falls by the difference.

How can I take home more on a ₹15 lakh CTC?

Ask whether PF can be on the wage ceiling, add employer NPS contributions (tax-free in both regimes up to a limit), and, if you pay rent and invest under 80C, compare the old regime, which allows HRA exemption.

Related

Results are estimates for illustration, not tax or financial advice.