₹12 LPA in-hand salary
Rules for FY 2026-27 · Checked 24 October 2026
On a ₹12 lakh CTC you take home about ₹91,395 a month in the new tax regime. That is after ₹3,000 PF, ₹200 professional tax and ₹0 income tax each month. In the old regime with no deductions it would be ₹80,430.
- In hand a month₹91,395New regime
- Take-home a year₹10.97L91% of CTC
- Income tax a month₹0Rebate cancels it
- PF a month₹6,000You + employer
Monthly salary slip for ₹12 LPA
| Each month | New regime | Old regime |
|---|---|---|
| Basic pay | ₹50,000 | ₹50,000 |
| HRA and other allowances | ₹44,595 | ₹44,595 |
| Your PF | − ₹3,000 | − ₹3,000 |
| Professional tax | − ₹200 | − ₹200 |
| Income tax (TDS) | − ₹0 | − ₹10,965 |
| In hand | ₹91,395 | ₹80,430 |
The old regime figure assumes no HRA exemption or investments. With rent and 80C claims it can come out higher; see income tax on a ₹12 lakh salary and the old vs new regime guide.
Where the ₹12 lakh goes in a year
- CTC
- ₹12,00,000
- Employer PF
- − ₹36,000
- Gratuity (paid when you leave)
- − ₹28,860
- Gross salary
- ₹11,35,140
- Your PF
- − ₹36,000
- Professional tax
- − ₹2,400
- Income tax (new regime)
- ₹0
- Take-home for the year
- ₹10,96,740
Compared with nearby salaries
Change the assumptions
These figures assume basic pay at 50% of CTC, PF on basic up to the ₹25,000 wage ceiling, gratuity inside the CTC, ₹2,400 professional tax and no bonus. Adjust any of them here:
Under the new regime, after PF, professional tax and income tax.
- ₹10,96,740 a year reaches your bank account: 91% of your CTC.
- Your PF grows by ₹6,000 a month, counting your employer's share.
- You pay no income tax at this salary in the new regime.
- Take-home pay₹10,96,740
- Income tax₹0
- PF (yours + employer)₹72,000
- Gratuity and professional tax₹31,260
Monthly pay slip
- Basic
- ₹50,000
- HRA and other allowances
- ₹44,595
- Your PF
- − ₹3,000
- Professional tax
- − ₹200
- Income tax (TDS)
- ₹0
- In hand
- ₹91,395
Where your CTC goes in a year
- CTC
- ₹12,00,000
- Employer PF
- − ₹36,000
- Gratuity
- − ₹28,860
- Gross salary
- ₹11,35,140
- Your PF
- − ₹36,000
- Professional tax
- − ₹2,400
- Income tax
- ₹0
- Take-home for the year
- ₹10,96,740
Frequently asked questions
What is the monthly in-hand salary for 12 LPA?
About ₹91,395 a month in the new tax regime for FY 2026-27, assuming basic pay is half the CTC, PF stops at the ₹25,000 wage ceiling and gratuity is part of the CTC. In the old regime with no deductions it is about ₹80,430.
How much income tax is deducted on 12 LPA?
None in the new regime. The gross salary of ₹11,35,140 leaves taxable income under ₹12 lakh after the ₹75,000 standard deduction, so the rebate cancels the tax.
How much PF is deducted on 12 LPA?
₹3,000 a month from your pay, and the same again from your employer, part of which goes to your pension.