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₹15,000 CTC Means: ₹12,715 In Hand Per Month

The full breakdown of a ₹15,000 monthly package — what it is annually, what reaches your bank, and what comes out along the way.

Updated 29 August 2026. Professional tax is no longer applied to these national figures, because it varies by state. What changed →

Short answer: a CTC of ₹15,000 a month is ₹1.80 L a year, written as 1.8 LPA on a job listing. Your in-hand salary is about ₹12,715 a month — 83% of the package. Income tax is zero at this level.

New tax regime, FY 2026-27 · Assumes 40% basic, no variable pay · Figures are indicative, as of August 2026

How these figures were produced. This page models a standard salary structure: basic at 40% of CTC, no variable pay, employee and employer provident fund at 12% of basic capped at the ₹15,000 statutory wage ceiling, a gratuity provision of 4.81% of basic, and professional tax excluded because it varies by state. Employers structure salaries differently, and several of these inputs are choices rather than rules. Your payslip is the authority on your own figures; treat these as an illustration of the mechanics.
Professional tax is excluded because it varies by state. Subtract the amount applicable in your employment jurisdiction.

The full monthly breakdown

ComponentMonthly
Total CTC₹15,000
  Employer PF (not paid to you)₹720
  Gratuity provision (not paid to you)₹288
  Employer ESI (not paid to you)₹455
Gross salary₹13,537
  Basic₹6,000
  HRA₹2,400
  Other allowances₹5,137
Deductions
  Your PF (12% of ₹6,000)₹720
  Your ESI (0.75%)₹102
  Professional tax₹0 (state-dependent)
  Income tax₹0
In hand₹12,715

You are covered by ESI — and that is worth more than the deduction

The modelled gross for this CTC is ₹13,537 a month, under the ₹21,000 ESI wage ceiling. On these assumptions ₹102 would come out of your salary each month for Employees' State Insurance — 0.75% of ESI wages — with your employer adding ₹455, or 3.25%. Both rates are set by ESIC. Whether you are actually covered depends on your ESI wages as defined by the Act and on your establishment being registered.

What that buys is easy to underrate. ESI covers medical treatment for you and your whole family at ESIC hospitals and dispensaries — outpatient, hospitalisation, medicines, all of it. Plus sickness benefit at 70% of wages for up to 91 days, maternity benefit, and disability cover.

For ₹102 a month. A private family health policy with comparable hospitalisation cover would cost several times that. If you leave a job at this salary level, this is the benefit you lose that nobody mentions in the exit conversation.

Every monthly CTC compared

Monthly CTCAnnualIn handESI coverYou keep
₹15,000₹1.80 L₹12,715yes84.8%
₹18,000₹2.16 L₹15,258yes84.8%
₹20,000₹2.40 L₹16,954yes84.8%
₹25,000₹3.00 L₹22,119—88.5%
₹30,000₹3.60 L₹26,543—88.5%
₹35,000₹4.20 L₹30,967—88.5%
₹40,000₹4.80 L₹35,631—89.1%
₹45,000₹5.40 L₹40,535—90.1%
₹50,000₹6.00 L₹45,438—90.9%
₹65,000₹7.80 L₹60,150—92.5%
₹70,000₹8.40 L₹65,054—92.9%
₹75,000₹9.00 L₹69,958—93.3%
₹80,000₹9.60 L₹74,862—93.6%
₹90,000₹10.80 L₹84,669—94.1%

40% basic, no variable pay, new regime FY 2026-27, professional tax excluded (state-dependent). ESI applies where gross is ₹21,000/month or less.

Adjust for your own structure →
⚠ Disclaimer: These figures assume a standard salary structure with 40% basic and no variable pay. Your basic percentage, variable component, state professional tax and whether your employer is ESIC-registered all change the outcome. Confirm with your HR before making financial commitments.

Frequently asked questions

What does ₹15,000 CTC mean?

A CTC of ₹15,000 per month means your total annual package is ₹1.80 L — 1.8 LPA on a job listing. It is not your salary: it includes employer PF of ₹720 a month and a gratuity provision of ₹288, neither of which reaches your account.

What is the in-hand salary for ₹15,000 CTC per month?

Approximately ₹12,715 a month, or ₹1.53 L a year — about 84.8% of CTC. Your gross is ₹13,537, from which ESI of ₹102 and provident fund of ₹720 are deducted. Professional tax is excluded because it varies by state — subtract the amount applicable in your employment jurisdiction.

How much tax do I pay on ₹15,000 CTC per month?

None. Your annual gross of ₹1.62 L is below the ₹12.75 lakh threshold, so the section 156(2)(a) rebate reduces income tax to zero. Provident fund is deducted separately and is not tax.

Is ₹15,000 a month a good salary in India?

That depends on your city and stage. What is useful to know is the mechanics: at this level you keep 84.8% of your package as annual net cash before state professional tax, and are covered by ESI, which gives your whole family medical treatment at ESIC facilities.

Related: What CTC, LPA and in-hand actually mean · Salary Calculator · In-Hand Salary by Annual CTC · Your First Salary · All monthly CTC levels

A note on section numbers. The Income-tax Act, 2025 replaced the Income-tax Act, 1961 with effect from 1 April 2026. Section numbers on this page are those of the 2025 Act. Where you know a provision by its old number, the mapping is: 115BAC → 202, 87A → 156, 16(ia) → 19, 80CCD(2) → 124, 112A → 198, 10(10) → 19(1) Table Sl. Nos. 3-6.

Sources

The official pages this page is checked against. If one of them disagrees with us, it wins.

Written and checked by the PaisaSamajh editorial desk · Last reviewed: 29 August 2026 · How we check this →