Tax year: FY 2026-27 · Last updated: 3 Nov 2026
Short answer
A ₹15 lakh CTC is about ₹1,11,318 a month in hand under the new regime (89% of CTC), or ₹99,275 under the old regime with no deductions.
₹15 lakh CTC: the short answer
On a ₹15 lakh CTC, your gross salary is about ₹1,20,795 a month. After employee PF and professional tax, and income tax under the new regime, you take home about ₹1,11,318 a month, which is 89% of your CTC.
Who earns this and what to expect
₹15 lakh is a senior individual-contributor or team-lead package in many cities.
Tax at ₹15 lakh
Here you cross the new-regime rebate threshold and income tax begins in earnest, through the 15% and 10% slabs. The old regime can compete if you have rent, a home loan and full 80C, so the regime comparison is genuinely worth running.
With no deductions entered, the new regime leaves about ₹12,042 more in hand each month.
- ₹1,11,318
- New regime, in hand a month
- ₹99,275
- Old regime, in hand a month
- ₹89,628
- Tax + cess a year (new)
Full breakdown
- ₹1,20,795
- Gross a month
- ₹7,469
- Tax + cess a month (new)
- ₹1,11,318
- In-hand a month (new)
| Item | Monthly | Yearly |
|---|---|---|
| Basic (40% of CTC) | ₹50,000 | ₹6,00,000 |
| HRA (50% of basic, metro) | ₹25,000 | ₹3,00,000 |
| Special allowance | ₹45,795 | ₹5,49,540 |
| Gross salary | ₹1,20,795 | ₹14,49,540 |
| Employee PF | ₹1,800 | ₹21,600 |
| Professional tax (Maharashtra) | ₹208 | ₹2,500 |
| Income tax + cess, new regime | ₹7,469 | ₹89,628 |
| In-hand, new regime | ₹1,11,318 | ₹13,35,812 |
| Income tax + cess, old regime (no deductions) | ₹19,511 | ₹2,34,137 |
| In-hand, old regime (no deductions) | ₹99,275 | ₹11,91,303 |
How this compares with nearby salaries
Of every ₹100 of CTC, about ₹89 reaches you in the new regime. The rest goes to employer contributions, PF, professional tax and income tax.
A tip for this salary level
Check how much of the ₹1.5 lakh 80C limit your employee PF already uses. Many people forget PF counts toward it and invest more than they need to.
Other salary levels
Frequently asked questions
What is the in-hand salary for ₹15 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 ₹15 lakh CTC is about ₹1,11,318. Under the old regime with no deductions it is about ₹99,275.
How much income tax do I pay on ₹15 lakh CTC?
Under the new regime the estimated income tax including cess is about ₹89,628 a year (₹7,469 a month). Under the old regime with no deductions it is about ₹2,34,137 a year.
What is the gross salary for ₹15 lakh CTC?
Gross salary is CTC minus employer PF (₹21,600) and gratuity (₹28,860), which is ₹14,49,540 a year or ₹1,20,795 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.