When an employer offers a package of ₹15 Lakhs (15 LPA CTC), your gross monthly pay is ₹1,25,000. However, the actual credited amount in your bank account (net take-home) depends on mandatory statutory deductions such as Employee Provident Fund (EPF), Professional Tax (typically ₹200/month), and Income Tax (TDS).

Key Takeaways for 15 LPA CTC

For a 15 LPA CTC package, taxable income crosses the Section 87A rebate limit, incurring an annual tax of ₹97,500 under the New Regime.
Net monthly in-hand salary is approximately ₹1,09,175 under the New Regime compared to ₹98,190 under the Old Regime without additional deductions.
Employer NPS contributions under Section 80CCD(2) up to 14% of basic pay can further reduce taxable income.

Old vs New Tax Regime Comparison

Under FY 2026-27 rules, the New Tax Regime offers a standard deduction of ₹75,000 and zero tax for taxable income up to ₹12 Lakhs (via Section 87A rebate). For a 15 LPA package, the New Regime provides an estimated net monthly in-hand salary of ₹1.09 L compared to ₹98,190 under the Old Regime without extra 80C/80D investments.

Customize 15 LPA In-Hand Calculations

Adjust your exact basic salary percentage, custom allowances, employer NPS, or HRA exemptions to recalculate your take-home pay.

Salary Calculator (In-Hand Take Home Salary)

Calculate monthly in-hand cash take-home pay from CTC after EPF, Gratuity, Professional Tax, and Income Tax deductions.

Select Tax Regime

Quick CTC Packages:

Fixed Annual CTC (₹)

₹

₹2.00 L₹1.00 Cr

Standard Deduction: ₹75,000 (Already Applied)

Auto-Applied

Basic Salary (50% of CTC):₹7.50 L / yr (₹62,500 / mo)

New Regime Deductions & RetiralsStatutory Retirals

Provident Fund, Gratuity & Statutory Retirals:

Employee PF (Yearly)12% of basic

Employer EPF (Yearly)12% of basic

Gratuity (Yearly)~4.81% of basic

Professional Tax (Yearly)State PT (~₹2,400)

Employer NPS Contribution — Sec 80CCD(2) (₹)

₹

Yearly NPS: ₹0 (Max 14% of Basic = ₹1.05 L)

₹0₹1.05 L

NEW TAX REGIME FY 2026-27₹1.06 L / mo

Monthly In-Hand Cash

₹1.06 L/ month

Annual net in-hand take-home: ₹12.74 L

Base Income Tax:₹93,750

Health & Education Cess (4%):₹3,750

Total Tax Liability:₹97,500

Total Income Tax₹97,500

Net Taxable Income₹14.25 L

Standard Deduction₹75,000

Professional Tax (PT)₹2,400 / yr

Old vs New Comparison →

Regime Comparison Verdict

New Regime gives higher monthly in-hand cash

You take home ₹9,281/mo more under the New Tax Regime.

New Regime In-Hand₹1.09 L/mo

Old Regime In-Hand₹99,894/mo

Itemized Monthly Salary Slip Breakdown

Salary Component	Annual (Yearly)	Monthly
Cost to Company (CTC)	₹15.00 L	₹1.25 L
Basic Salary (50% of CTC)	₹7.50 L	₹62,500
Standard Deduction (Already Applied)	−₹75,000	−₹6,250
Professional Tax (PT)	−₹2,400	−₹200
Base Income Tax	−₹93,750	−₹7,813
Health & Education Cess (4%)	−₹3,750	−₹313
Total Income Tax & Cess	₹97,500	₹8,125
Net In-Hand Cash Take-Home	₹12.74 L	₹1.06 L

CTC Component & Take-Home Distribution

Visual distribution of Annual CTC across In-Hand Cash, Income Tax, and Provident Fund / Retirals.

In-Hand Cash (84.9%)Income Tax (6.5%)EPF & Retirals (14.6%)

In-Hand Cash84.9% of Gross CTC

₹12.74 L

Income Tax6.5% Effective Tax Rate

₹97,500

EPF & Retirals14.6% of Gross CTC

₹2.18 L

Official Sources & References

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Compare take-home salary and tax breakdowns across different CTC tiers in India:

Fresher (3.5 LPA) Package~₹27,217/mo 2.5 LPA Package~₹19,383/mo 3 LPA Package~₹23,300/mo 3.5 LPA Package~₹27,217/mo 4 LPA Package~₹31,133/mo 4.5 LPA Package~₹35,050/mo 5 LPA Package~₹38,967/mo 6 LPA Package~₹46,800/mo

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Authoritative References

Income Tax Department, Government of India: incometaxindia.gov.in
Employees’ Provident Fund Organisation (EPFO): epfindia.gov.in

Frequently Asked Questions (FAQs)

What is the monthly in-hand salary for a 15 LPA CTC package in FY 2026-27?

For a ₹15 Lakhs (15 LPA) annual CTC package, the net monthly in-hand salary is approximately ₹1.09 L under the New Tax Regime, after accounting for EPF, Professional Tax, and Income Tax deductions.

How much income tax is deducted for a 15 LPA package under New Regime?

Under the New Tax Regime for FY 2026-27 (AY 2027-28), annual income tax on a ₹15 Lakhs CTC is ₹97,500.

What is the monthly EPF deduction for 15 LPA salary?

Assuming a standard basic salary structure (50% of CTC), the employee EPF contribution (12% of basic) is approximately ₹7,500 per month for a 15 LPA package.