🇮🇳 India · FY 2026-27 · new regime
₹15 lakh salary — in-hand pay FY 2026-27
A ₹15 lakh salary leaves ₹14,02,500 a year in hand under the new regime for FY 2026-27 — about ₹1,16,875 a month before PF. Income tax including cess: ₹97,500 (6.5% effective rate).
| Line | Yearly | Monthly | — |
|---|---|---|---|
| Gross salary (CTC) | ₹15,00,000 | ₹1,25,000 | — |
| Standard deduction | −₹75,000 | — | — |
| Income tax + 4% cess | −₹97,500 | −₹8,125 | — |
| In-hand (before PF) | ₹14,02,500 | ₹1,16,875 | — |
What this means in practice
You keep 93.5% of every rupee at this level — light by international standards. Compare the same package in the UK or Germany, where comparable salaries lose 25–45% to tax and social contributions.
Common questions
What is the in-hand salary for ₹15 lakh CTC in FY 2026-27? +
About ₹1,16,875 a month before PF. Income tax under the new regime comes to ₹97,500 a year (6.5% effective), leaving ₹14,02,500 annually.
How much tax on ₹15 lakh under the new regime? +
₹97,500 including 4% cess, computed on taxable income of ₹14,25,000 (after the ₹75,000 standard deduction) through the FY 2026-27 slabs.
Does this include PF and surcharge? +
No — EPF depends on your basic-salary structure (typically 12% of basic), so subtract your monthly PF for the bank-credit figure. Surcharge only applies above ₹50 lakh taxable income.