In-hand (take-home) salary breakdown for a ₹12 LPA CTC in India, compared across the new and old tax regimes.
Section 87A rebate applied — taxable income is low enough that income tax is zero under this regime.
Assuming ₹1.5L in claimed deductions (a full Section 80C).
For a ₹12 LPA CTC under the new tax regime, the estimated in-hand salary is about ₹88,277 per month (₹10.59 LPA per year), after EPF, gratuity, professional tax, and income tax. Under the old regime with typical deductions (₹1.5L under Section 80C), it's about ₹79,944 per month.
On a ₹12 LPA CTC, the estimated annual income tax (including cess) is zero, thanks to the Section 87A rebate under the new regime, versus ₹1,00,000 under the old regime (assuming ₹1.5L in claimed deductions). Actual tax depends on your exact Basic/HRA structure and deductions.
At ₹12 LPA, the new regime gives a higher in-hand salary (₹88,277/month vs ₹79,944/month) unless your actual claimable deductions exceed the ₹1.5L assumed here — e.g. a home loan, higher HRA, or additional 80C/80D investments could tip it toward the old regime.
Assuming Basic pay is 40% of CTC (₹4.80 LPA), your own EPF contribution is about ₹0.58 LPA per year (12% of Basic), matched by an equal employer contribution that's already included in your CTC but never reaches your bank account.
Rough estimate only — assumes Basic salary is 40% of CTC. Your actual in-hand depends on your employer's exact salary structure.