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₹15 LPA in-hand salary: your real monthly take-home

₹15 LPA is the bracket where old vs new stops being obvious. The new regime still edges it for most people — giving about ₹1,10,819 a month — but by the smallest margin of any income at this level. With a large enough deduction stack, the old regime can pull ahead.

At ₹15 LPA the new regime wins — but by only about ₹2,242 a month. Claim more than ₹5,29,331 in deductions and the old regime pulls ahead.

New regime · monthly in-hand
₹1,10,819
Old regime · monthly in-hand
₹1,08,577
New regime · income tax + cess
₹88,503
Old regime · income tax + cess
₹1,15,404

Old vs new at ₹15 LPA: closer than you think

Here the two regimes almost meet. The new regime gives about ₹1,10,819 a month; the old regime, ₹1,08,577 — a gap of just ₹2,242 a month. That's small enough that your personal deductions decide it.

The tipping point: you'd need to claim more than about ₹5,29,331 in total deductions — 80C, 80D, HRA exemption and any home-loan interest combined — for the old regime to win. If you rent in a metro and have a home loan, that's reachable; if not, the new regime stays ahead. The dedicated old-vs-new page for ₹15 lakh works through the break-even in detail.

Try it with your exact numbers

Pre-filled for a ₹15 LPA CTC in a metro city with ₹25,000/mo rent. Change anything to match your own package.

Region🇮🇳 India·Only region
Currency INR
/ yr
Financial year
City type
/ mo

Helps old-regime HRA exemption

New regime puts ₹2,242 more in your pocket every month.

Old regime
₹1,08,577
per month in-hand
Annual tax₹1,15,404
Taxable₹9,92,325
Annual in-hand₹13,02,921
New regimeMore in-hand
₹1,10,819
per month in-hand
Annual tax₹88,503
Taxable₹13,67,325
Annual in-hand₹13,29,822

Salary breakup · per year

Your salaryTaxable · mostly cash
Basic
50% of CTC
₹7,50,000
HRA
50% of Basic
₹3,75,000
Special allowance
Balancing figure
₹3,17,325
In your CTC, not your take-homeEmployer-side · non-cash
Employer PF
₹1,800/mo · statutory cap
₹21,600
Gratuity
4.81% of Basic
₹36,075
Total CTC
Per year
₹15,00,000

₹57,675 of your CTC is employer contributions & benefits — real value, but never a monthly bank credit.

Old vs New, side by side

MetricOldNew
Taxable income₹9,92,325₹13,67,325
Income tax + cess₹1,15,404₹88,503
Annual in-hand₹13,02,921₹13,29,822
Monthly in-hand₹1,08,577₹1,10,819
See tax-saving options →Ways to legally lower your tax

How we calculate this

  • Basic = 50% of CTC; HRA = 50% of Basic; PF capped at ₹1,800/mo (statutory ceiling); Gratuity = 4.81% of Basic. Change these under “Match your offer letter”.
  • Employee PF (₹1,800/mo) is deducted from your salary.
  • New regime: ₹75,000 standard deduction, FY 2026-27 slabs, no other exemptions.
  • Old-regime estimate assumes full ₹1.5L under 80C, ₹25K under 80D, plus HRA exemption from the rent you entered. Flexible-benefit / reimbursement exemptions (RFB, LTA, food, telephone) aren’t counted unless you add them under “Match your offer letter”.
  • 4% health & education cess and ₹200/month professional tax applied.

Tax rules: Budget 2026 retained FY 2025-26 slabs unchanged. Verified against Income Tax Dept (incometax.gov.in) & ClearTax, July 2026. Updated 2026-07-02.

Estimates only — not tax or financial advice. Your actual pay depends on your company’s exact salary structure and your declared investments. Verify with a professional before deciding.

Frequently asked questions

Is 15 LPA a good salary in India?

₹15 LPA is a very good salary in India, typically mid-to-senior individual-contributor level. Your in-hand is about ₹1,10,819 a month under the new regime on standard assumptions.

How much tax do I pay on 15 LPA?

About ₹88,503 a year under the new regime. The old regime comes to roughly ₹1,15,404 even after maxing your deductions — so the new regime is slightly cheaper for most people at this income.

What is the monthly in-hand for 15 LPA?

Around ₹1,10,819 per month under the new regime (metro, standard CTC components). The old regime gives about ₹1,08,577 — very close.

Is old or new regime better at 15 LPA?

The new regime wins by only about ₹2,242 a month, so it's the closest call of any bracket. The old regime overtakes it only if you can claim more than about ₹5,29,331 in total deductions.

Other salaries and tools

Last updated 2026-07-02Verified against the Income Tax Dept (incometax.gov.in)How we calculate this

Estimates only — not tax or financial advice. Your actual pay depends on your company’s exact salary structure and your declared investments. Tax rules: Budget 2026 retained FY 2025-26 slabs unchanged. Verified against Income Tax Dept (incometax.gov.in) & ClearTax, July 2026.