How we calculated take-home for ₹15 LPA
Starting from a ₹15,00,000 annual CTC, basic salary comes to ₹6,00,000 (40% of CTC) and HRA to ₹2,40,000 (40% of basic). After removing employer PF (₹72,000) and gratuity accrual (₹28,860) — both part of CTC but never paid to you in cash — gross salary works out to ₹13,99,140. Your own PF contribution of ₹72,000 and ₹2,400 professional tax are then deducted, along with income tax under whichever regime you pick.
New regime puts ₹1,20,950 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 ₹15 LPA — surcharge still off, but 80C ceiling bites
₹15 LPA is a common appraisal band. Surcharge does not apply yet, but every rupee of 80C (PPF, ELSS, NPS) under the old regime still helps. Employer PF at 12% of basic may already consume much of the ₹1.5 lakh 80C limit if basic is 40% of CTC.
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.