Bhai Mere Paise

₹12 LPA In-Hand Salary Calculator

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For a ₹12 LPA (₹12,00,000) CTC with a typical salary structure:

New Regime
₹88,276
per month in-hand
Old Regime
₹78,284
per month in-hand

Assumes basic = 40% of CTC, HRA = 40% of basic, employer PF + gratuity included in CTC, no rent claimed, non-metro, ₹2,400/year professional tax. Adjust these on the full in-hand salary calculator for your exact numbers.

How we calculated take-home for ₹12 LPA

Starting from a ₹12,00,000 annual CTC, basic salary comes to ₹4,80,000 (40% of CTC) and HRA to ₹1,92,000 (40% of basic). After removing employer PF (₹57,600) and gratuity accrual (₹23,088) — both part of CTC but never paid to you in cash — gross salary works out to ₹11,19,312. Your own PF contribution of ₹57,600 and ₹2,400 professional tax are then deducted, along with income tax under whichever regime you pick.

New regime puts ₹1,19,910 more in your pocket per year at this CTC level, under these default assumptions. This gap changes with your actual rent, 80C investments, and salary structure — small differences in basic/HRA percentage can shift the comparison meaningfully at this income level.

At ₹12 LPA — HRA starts to matter

Around ₹12 LPA, HRA exemption becomes material if you rent in a metro. This page assumes zero rent; claiming ₹15,000–₹20,000/month rent in Mumbai or Bengaluru can shift the old-regime take-home above the new regime. Pair with the HRA exemption calculator and rent receipt generator for proof season.

CTC vs in-hand salary — why they're never equal

CTC (cost to company) always overstates what lands in your bank account, because it includes non-cash components like employer PF contribution and gratuity accrual — money set aside for your future, not paid out monthly. For a full breakdown of every component and to run the numbers with your own company's salary structure, use our in-hand salary calculator.

Frequently asked questions

What is the in-hand salary for ₹12 LPA CTC?

For a ₹12,00,000 annual CTC with a typical structure (basic 40% of CTC, HRA 40% of basic, employer PF and gratuity included in CTC, no rent claimed, ₹2,400/year professional tax), take-home works out to about ₹88,276/month under the new tax regime and about ₹78,284/month under the old regime. Your actual number will differ based on your company's specific salary structure, city, and deductions — use the calculator above to enter your exact figures.

Why does in-hand salary differ between companies for the same CTC?

Because CTC structuring varies — basic salary percentage, HRA percentage, whether employer PF and gratuity are included inside CTC or added on top, and bonus/variable pay components all differ by employer. Two offers with an identical CTC number can have noticeably different monthly take-home pay depending on this structure.

Should I choose the old or new tax regime at this salary level?

It depends on how much you can claim in deductions. At most CTC levels, the new regime wins if you have little rent or 80C investment to claim, since it offers a larger built-in rebate with no paperwork. The old regime tends to win only if you pay substantial rent in a metro city and max out Section 80C — run both numbers in the calculator above with your real figures rather than assuming either is better.

This tool is for estimation only and is not tax, legal, or investment advice. Consult a qualified CA for your specific situation.

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