How is in-hand salary calculated from CTC?

In-hand salary = CTC - Employer PF (12% of basic) - Gratuity (4.81% of basic) - Income Tax - Professional Tax - Employee PF (12% of basic).

What is the difference between CTC and in-hand salary?

CTC is the total cost to the company including employer contributions. In-hand salary is what you actually receive after all deductions. The difference is typically 25-40% of CTC.

How much in-hand salary for 10 LPA?

For 10 LPA CTC, in-hand salary is approximately ₹68,000–₹72,000 per month under the new tax regime in FY 2026-27, depending on salary structure and city.

15 LPA In-Hand Salary Breakdown (2026-27)

15 LPA In-Hand Salary Breakdown in India (FY 2026-27)

A 15 Lakhs Per Annum (LPA) CTC crosses a psychological barrier, often pushing the employee into the 30% tax bracket under the old regime and the 20% bracket under the new regime. Proper tax planning becomes essential. Here is the exact 15 LPA in-hand salary breakdown.

1. Typical Salary Structure for 15 LPA

Basic Salary (40% of CTC): ₹6,00,000 per year (₹50,000 / month)
House Rent Allowance (HRA) (50% of Basic): ₹3,00,000 per year (₹25,000 / month)
Employer PF (12% of Basic): ₹72,000 per year (₹6,000 / month)
Gratuity (4.81% of Basic): ₹28,860 per year
Special Allowance (Balancing Figure): ₹4,99,140 per year (₹41,595 / month)

Gross Salary = ₹13,99,140 annually (₹1,16,595 per month).

2. 15 LPA In-Hand Salary under the New Tax Regime

Gross Salary: ₹13,99,140
Less: Standard Deduction: -₹75,000
Taxable Income: ₹13,24,140

Tax Calculation (New Slabs):

Up to ₹3L: Nil
₹3L - ₹7L (5%): ₹20,000
₹7L - ₹10L (10%): ₹30,000
₹10L - ₹12L (15%): ₹30,000
₹12L - ₹13.24L (20%): ₹24,828
Total Tax + 4% Cess: ₹1,09,021 annually (₹9,085 / month)

Monthly Deductions: Employee PF (₹6,000) + Prof Tax (₹200) + TDS (₹9,085) = ₹15,285.

Monthly 15 LPA In-Hand Salary: ₹1,01,310

3. 15 LPA In-Hand Salary under the Old Tax Regime

Assuming ₹1.5 Lakhs (80C), ₹50k (NPS 80CCD), ₹25k (80D), and ₹1.5 Lakhs HRA exemption:

Taxable Income: ₹9,74,140

Tax Calculation (Old Slabs):

Up to ₹2.5L: Nil
₹2.5L - ₹5L (5%): ₹12,500
₹5L - ₹9.74L (20%): ₹94,828
Total Tax + 4% Cess: ₹1,11,621 annually (₹9,301 / month)

Monthly 15 LPA In-Hand Salary: ₹1,01,094

Conclusion

For a 15 LPA CTC, crossing the six-figure monthly mark is common. You can expect an in-hand salary of approximately ₹1,01,000 per month. Even with ₹3.75 Lakhs in aggressive deductions, the New Tax Regime is on par with the Old Tax Regime.