CTC to in-hand salary calculator

₹ 15,00,000 per year

Assumptions

Left at zero, the old regime is compared using only the standard deduction, professional tax and your PF.

Monthly in-hand salary ₹ 1,02,845

From a CTC of ₹ 15,00,000, that is 82.3% of your CTC reaching your account.

Where every rupee goes

Cost to company ₹ 15,00,000
Employer's PFin CTC, not in salary − ₹ 90,000
Gross salary ₹ 14,10,000
Your PFyours, but locked − ₹ 90,000
Professional tax − ₹ 2,400
Income tax (new regime) − ₹ 83,460
Annual take-home ₹ 12,34,140
Monthly gross ₹ 1,17,500
Monthly in-hand ₹ 1,02,845
Annual tax ₹ 83,460
Effective tax rate 6.3%

Tax regime

New regime (better) ₹ 83,460
Old regime ₹ 2,00,491

The new regime leaves you ₹ 1,17,031 better off this year. Old-regime figures assume only the standard deduction, professional tax and your PF. Add your real 80C, 80D and HRA claims under Assumptions.

Expecting a raise? See what a hike on this salary is really worth: the headline percentage and the in-hand percentage are not the same number.

CTC is a number your employer uses for budgeting. In-hand is the number you use for rent. This converts one into the other, line by line.

What is inside a CTC figure

On a ₹ 15,00,000 package, a typical Indian employer splits it roughly like this:

ComponentPer yearReaches you?
Basic pay ₹ 7,50,000 Taxable salary
House rent allowance ₹ 3,75,000 Taxable salary
Special allowance ₹ 2,48,925 Taxable salary
Employer's PF contribution ₹ 90,000 No
Gratuity (accrual) ₹ 36,075 No

Want to change the split? The salary breakup calculator lets you move the basic percentage and see what it does.

Frequently asked questions

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

CTC is the total annual cost your employer books against you. In-hand is the monthly credit to your bank account. The gap is the employer PF contribution, gratuity accrual, your own PF, professional tax and income tax.

How much in-hand will I get for 15 LPA?

About ₹ 1,02,845 a month, assuming basic at 50% of CTC and the new tax regime. Your exact figure depends on your salary structure and declared investments.

What percentage of CTC is in-hand salary in India?

It falls as CTC rises, because income tax is progressive. Below the taxable threshold it is around 88% of CTC. At ₹15 LPA it is roughly 78%, and above ₹50 LPA it drops under 65% once surcharge applies.

Does CTC include gratuity?

Usually yes. Most Indian employers include a gratuity accrual of 4.81% of basic, about ₹ 36,075 on a ₹15 LPA package. It is only payable after five years of continuous service, so if you leave earlier you never receive it.

Should I negotiate on CTC or in-hand?

Recruiters negotiate in CTC, so quote CTC, but decide using in-hand. If you know the take-home you need, the in-hand to CTC calculator tells you what to ask for.

Next step

Got the number. Now what do you say?

How to counter an offer: what to ask for, in what order, and what the ask is worth after tax.

How to negotiate this offer

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