15 LPA in hand salary
A CTC of ₹15,00,000 gives approximately ₹1,05,611 per month in hand under the FY 2026-27 new tax regime — ₹12,67,332 for the year after income tax of ₹86,268, employee EPF of ₹72,000 and professional tax of ₹2,400.
Assumes basic = 40% of CTC, employer PF inside CTC, no gratuity in CTC, ₹2,400/year professional tax. Change any of these below to match your offer letter. FY 2026-27 rules, verified 3 Sep 2026 — see the methodology.
15 LPA at a glance
| FY 2026-27 | New regime | Old regime |
|---|---|---|
| Monthly in hand | ₹1,05,611 | ₹93,284 |
| Annual in hand | ₹12,67,332 | ₹11,19,413 |
| Income tax for the year | ₹86,268 | ₹2,34,187 |
| Effective tax rate on gross | 6.4% | 17% |
| Gross salary | ₹14,28,000 | |
| Employee EPF (12% of basic) | ₹72,000 a year, ₹6,000 a month | |
Rent and HRANo rent declared
Deductions (old regime)₹2,02,400 allowed
Tax and profilePT ₹2,400/yr · age 30
- Gross/month
- ₹1,19,000
- Income tax/month
- ₹7,189
- EPF + PT/month
- ₹6,200
- Effective tax
- 6.4%
What this salary means
Computed from your numbers, nothing sent anywhere- New regime saves₹1,01,119/yrOld regime tax would be ₹1,87,387 even after ₹2,02,400 of deductions.Open calculator
- HRA unused₹2,40,000You receive HRA but declared no rent. Add your rent to see the old regime exemption.Open calculator
- EPF corpus at 60₹2,80,60,026Your 12% and the employer share compounding at 8.25% with 5% annual raises, starting from age 30.Open calculator
- Home loan you can carry₹48,67,858An EMI of ₹42,244 (40% of in hand) at 8.5% over 20 years.
- Gratuity after 5 years₹1,44,23115 days of basic for every year served, tax free up to ₹20 lakh. Paid on top of CTC when you leave.Open calculator
- Among tax filerstop 7%Gross salary of ₹14,28,000 sits above 93% of income tax returns filed in India.
- In hand₹1,05,61184.5%
- Income tax₹7,1895.8%
- Employee PF₹6,0004.8%
- Professional tax₹2000.2%
- Employer PF₹6,0004.8%
- New regime₹1,05,611/month
- Old regime₹97,184/month
At 15 L ctc (your figure)
| Component | Per month |
|---|---|
| Cost to company | ₹1,25,000 |
| Basic | ₹50,000 |
| House rent allowance | ₹20,000 |
| Employer EPF, retained for you | − ₹6,000 |
| Gross salary | ₹1,19,000 |
| Income tax, cess and surcharge | − ₹7,189 |
| Employee EPF | − ₹6,000 |
| Professional tax | − ₹200 |
| Total in hand | ₹1,05,611 |
| Gross salary | ₹1,19,000 |
| Standard deduction | − ₹6,250 |
| Taxable income | ₹1,12,750 |
| Income tax + cess | − ₹7,189 |
| Employee PF | − ₹6,000 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹1,05,611 |
| Gross salary | ₹1,19,000 |
| Standard deduction | − ₹4,167 |
| Section 80C | − ₹12,500 |
| Professional tax 16(iii) | − ₹200 |
| Taxable income | ₹1,02,133 |
| Income tax + cess | − ₹15,616 |
| Employee PF | − ₹6,000 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹97,184 |
Where the tax comes from
Taxable income is ₹13,53,000, which reaches the 15% slab. Every extra rupee is taxed at 15.6% including cess, while the effective rate on gross is 6.4%.
When the old regime wins
You would need at least ₹5,24,000 of old-regime deductions a year — 80C, HRA exemption, home loan interest, 80D combined — before the old regime pays more than the new. Below that, the new regime saves ₹1,47,919 a year.
Hike to the next rung
Reaching 16 LPA is a 6.7% hike and adds ₹6,296 a month in hand. Dropping to 14 LPA costs ₹5,354 a month. Check any percentage on the hike calculator.
15 LPA is taxed at 15% at the margin
Taxable income of ₹13,53,000 reaches the 15% slab, so each extra rupee loses 15.6% to tax and cess. Of the next ₹1 lakh of CTC you keep ₹75,549. The next step, where the 20% slab starts, comes at a CTC of about ₹17,60,000.
Employer NPS is unusually strong here: 14% of basic (₹84,000 a year) saves ₹86,268 a year in tax, more than the contribution takes out of your pay, so monthly in hand moves by +₹189 a month and the contribution still lands in your retirement account.
| Lever at 15 LPA | Effect |
|---|---|
| Next ₹1 lakh of CTC | ₹75,549 a year in hand |
| Basic at 50% instead of 40% | −₹2,766 a month in hand, the difference goes to EPF |
| Employer NPS at 14% of basic | ₹86,268 less tax a year, +₹189 a month in hand |
15 LPA in hand by state
Professional tax is a state levy, so the monthly figure moves by a few hundred rupees with your work location. Full table on the professional tax by state page.
| Work state | Professional tax | Monthly in hand |
|---|---|---|
| Karnataka | ₹2,400 a year | ₹1,05,611 |
| Maharashtra | ₹2,500 a year | ₹1,05,603 |
| Telangana | ₹2,400 a year | ₹1,05,611 |
| Tamil Nadu | ₹2,500 a year | ₹1,05,603 |
| West Bengal | ₹2,400 a year | ₹1,05,611 |
| Gujarat | ₹2,400 a year | ₹1,05,611 |
| Delhi, Haryana, UP (no PT) | None | ₹1,05,811 |
Nearby CTCs
Every CTC from 3 to 100 LPA on one page: the in hand salary table.
Convert CTC to monthly take home for FY 2026-27 after income tax, EPF and professional tax, with the new and old regime compared side by side.