FY 2026-27 · new regime default
12 LPA in-hand salary India
- FY 2026-27
- Estimates
12 LPA sits on the rebate cliff. After a ₹75,000 standard deduction, taxable income is about ₹12 lakh if almost all CTC is cash — the last rupee of 87A still matters.
Estimated monthly in-hand
₹67,115
₹8,05,377 / year · 67.1% of ₹12 lakh CTC
What this 12 LPA sketch assumes
Cost-to-company ₹12,00,000. Basic at 40% of CTC. HRA at 50% of basic. Employer PF 12% of basic (no ₹15,000 ceiling). Employer gratuity at 15/26 of basic. Special allowance is the residual so the pieces still add to CTC. Employee PF matches the employer base. Professional tax ₹2,500 a year. New tax regime for Tax Year 2026-27, ₹75,000 standard deduction, 4% cess.
New-regime 87A can zero tax at ₹12 lakh taxable (about ₹12.75 lakh of salary). Whether 12 LPA actually pays TDS depends on how much of CTC is employer PF and gratuity rather than cash gross.
Who it is for: The most-searched LPA band for take-home salary calculator India queries. It is not a bank guarantee. Variable bonus, ESOPs, NPS 80CCD(2) and “PF only on ₹15,000” will move the monthly number — that is what the live calculator is for.
Breakdown
| Component | Annual | Monthly |
|---|---|---|
| Cash gross | ₹8,65,477 | ₹72,123 |
| − Employee PF | ₹57,600 | ₹4,800 |
| − Professional tax | ₹2,500 | ₹208 |
| − Estimated TDS | ₹0 | ₹0 |
| In-hand | ₹8,05,377 | ₹67,115 |
Other LPA sketches use the same engine: 10 LPA15 LPA20 LPA25 LPA