How to use this CTC to In-Hand calculator
A ₹12 LPA package (a cost-to-company of ₹12,00,000 a year) works out to an estimated ₹96,200 in hand per month, or about ₹11,54,400 a year, under the new tax regime with a standard 40% basic and statutory PF.
The gap between the ₹12,00,000 headline and your take-home comes from the employer's PF contribution, your own provident fund, professional tax and roughly ₹0 of estimated income tax. Adjust the assumptions in the calculator to match your own offer.
How ₹12 LPA breaks down
On a ₹12,00,000 CTC, the monthly gross works out to about ₹98,200 before your own deductions. After employee PF, professional tax and TDS, roughly ₹96,200 reaches your account each month.
Estimated annual income tax of ₹0 is the largest single deduction at this level, which is why your tax regime choice matters so much.
Is ₹12 LPA a good salary?
Whether ₹12,00,000 is strong depends heavily on your city, years of experience and role. The same package stretches much further in a tier-2 city than in Mumbai or Bengaluru, where rent alone can absorb a large share of the ₹96,200 monthly in-hand.
Use the in-hand figure, not the CTC, when you budget — it is the number that actually funds your rent, EMIs, SIPs and day-to-day spending.
Getting more from a ₹12 LPA package
Under these assumptions the new regime leaves more in hand for this income. The old regime gives about ₹83,174 a month versus ₹96,200 under the new regime, before counting deductions like HRA and 80C that only the old regime allows.
If you can claim significant HRA, 80C investments or home-loan interest, the old regime may pull ahead. Switch the regime selector in the calculator to compare your own situation.