In-hand salary for ₹15 LPA (FY 2026-27)
What is the in-hand salary for ₹15 LPA?
₹1,08,606 / month
That’s ₹13,03,269 a year in the new regime, with basic at 50% of CTC and PF capped at ₹3,000 a month. If PF is on your full basic, it’s about ₹1,00,308 a month.
Open in the calculatorMonthly breakdown
| PF capped | PF on full basic | |
|---|---|---|
| Basic pay | ₹62,500 | ₹62,500 |
| Allowances (HRA, special…) | ₹56,494 | ₹51,994 |
| Gross salary | ₹1,18,994 | ₹1,14,494 |
| Your PF | −₹3,000 | −₹7,500 |
| Professional tax | −₹200 | −₹200 |
| Income tax | −₹7,188 | −₹6,486 |
| In-hand per month | ₹1,08,606 | ₹1,00,308 |
Employer PF (₹36,000/yr capped) and gratuity (₹36,075/yr) are part of your CTC but don’t reach your bank each month. Professional tax assumed at ₹2,400 a year.
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What do you know?
₹
₹15 lakh
₹
Leave at 0 if your CTC is all fixed pay
Tax regime
Salary structure
%
50% is now standard under the labour codes
Provident fund
%
Share of basic. Tax-free up to 14% in the new regime, 10% in the old.
Monthly in-hand salary
₹1,08,606
₹13,03,269 a year in your bank
Income tax / yr
₹86,256
Effective tax rate
6.4%
Your PF / yr
₹36,000
Monthly gross
₹1,18,994
Where your CTC goes
The new regime gives you ₹11,390 more each month than the old one. The old regime would only win if your deductions crossed ₹5,23,400.
Your monthly payslip
Earnings
Basic₹62,500
Allowances (HRA, special…)₹56,494
Gross₹1,18,994
Deductions
Provident fund−₹3,000
Professional tax−₹200
Income tax (TDS)−₹7,188
Total₹10,388
Net pay₹1,08,606
Questions people ask
What is ₹15 LPA per month?
₹15 LPA means a CTC of ₹15,00,000 a year, or ₹1,25,000 a month on paper. After PF, gratuity, professional tax and income tax, the amount in your bank is about ₹1,08,606 a month in the new regime.
How much income tax do I pay on ₹15 LPA?
About ₹86,256 a year (₹7,188 a month) in the new regime, an effective rate of 6.4% on taxable income of ₹13,52,925.
Is the old regime better for ₹15 LPA?
Only if your old-regime deductions (80C, 80D, HRA, home-loan interest, NPS) add up to more than about ₹5,23,400. Without deductions, the old regime would cost you ₹1,36,676 more a year.
Why does PF make such a difference?
If PF is calculated on your full basic instead of being capped at ₹3,000 a month, ₹8,298 less reaches your bank each month. That money isn’t lost: it goes into your EPF account, where it earns interest for retirement.