Tax year: FY 2026-27 · Last updated: 3 Nov 2026
Short answer
A ₹12 lakh CTC is about ₹94,268 a month in hand under the new regime (94% of CTC), or ₹82,406 under the old regime with no deductions.
₹12 lakh CTC: the short answer
On a ₹12 lakh CTC, your gross salary is about ₹96,276 a month. After employee PF and professional tax, and income tax under the new regime, you take home about ₹94,268 a month, which is 94% of your CTC.
Who earns this and what to expect
₹12 lakh sits exactly on the new-regime rebate threshold, which is why it is the most searched salary level.
Tax at ₹12 lakh
After the ₹75,000 standard deduction, taxable income is below ₹12 lakh, so the 87A rebate brings tax to zero. A CTC of about ₹13.2 lakh is the point where tax starts to appear in the new regime because gross salary passes roughly ₹12.75 lakh. In the old regime you will pay tax unless your deductions are large.
With no deductions entered, the new regime leaves about ₹11,862 more in hand each month.
- ₹94,268
- New regime, in hand a month
- ₹82,406
- Old regime, in hand a month
- ₹0
- Tax + cess a year (new)
Full breakdown
- ₹96,276
- Gross a month
- ₹0
- Tax + cess a month (new)
- ₹94,268
- In-hand a month (new)
| Item | Monthly | Yearly |
|---|---|---|
| Basic (40% of CTC) | ₹40,000 | ₹4,80,000 |
| HRA (50% of basic, metro) | ₹20,000 | ₹2,40,000 |
| Special allowance | ₹36,276 | ₹4,35,312 |
| Gross salary | ₹96,276 | ₹11,55,312 |
| Employee PF | ₹1,800 | ₹21,600 |
| Professional tax (Maharashtra) | ₹208 | ₹2,500 |
| Income tax + cess, new regime | ₹0 | ₹0 |
| In-hand, new regime | ₹94,268 | ₹11,31,212 |
| Income tax + cess, old regime (no deductions) | ₹11,862 | ₹1,42,339 |
| In-hand, old regime (no deductions) | ₹82,406 | ₹9,88,873 |
How this compares with nearby salaries
Of every ₹100 of CTC, about ₹94 reaches you in the new regime. The rest goes to employer contributions, PF, professional tax and income tax.
A tip for this salary level
Staying just under the threshold matters. A hike that pushes you slightly above it triggers marginal relief, so the first rupees above the line are taxed very heavily, but the total never exceeds the excess.
Other salary levels
Frequently asked questions
What is the in-hand salary for ₹12 lakh CTC per month?
Under the new tax regime with default assumptions (basic 40% of CTC, PF capped at ₹15,000 of wages, gratuity included, Maharashtra professional tax) the monthly in-hand salary for a ₹12 lakh CTC is about ₹94,268. Under the old regime with no deductions it is about ₹82,406.
How much income tax do I pay on ₹12 lakh CTC?
Under the new regime you pay no income tax on this CTC because the taxable income is within the rebate limit. Under the old regime, with no deductions, tax would be about ₹1,42,339 a year including cess.
What is the gross salary for ₹12 lakh CTC?
Gross salary is CTC minus employer PF (₹21,600) and gratuity (₹23,088), which is ₹11,55,312 a year or ₹96,276 a month.
Will my in-hand salary change if my company has a different salary structure?
Yes. The figures use common default assumptions. Moving the basic percentage, PF basis, state or variable pay changes the result, so use the calculator above with your own numbers.
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Calculators
Estimates only. This calculator is not tax advice, and your employer's payslip is the final word. Read the full disclaimer.