For Rs 30 LPA CTC, monthly in-hand is typically Rs 1.75-1.90 lakh per month per standard tax calculation for FY 2025-26 new tax regime.
This gives you significant savings potential against typical Rs 50-70K monthly expenses in metros. At IIM Ahmedabad (Rs 27.5L fees, Rs 35.
22 LPA avg, 99%+ CAT cutoff), most candidates at median package receive Rs 1.8-1.9 LPM in-hand.
Breakdown for Rs 30 LPA: Rs 25 LPA fixed component + Rs 5 LPA variable = Rs 2.5L/month gross on fixed + variable paid quarterly/annually. After tax (approx Rs 6-7 LPA tax), you get Rs 18-20 LPA net = Rs 1.
5-1.7 LPM fixed monthly. If variable is included as monthly distribution, Rs 1.
75-1.9 LPM. For loan repayment: Rs 25L loan at 10% over 5 years = Rs 53K EMI/month.
So net of EMI, you have Rs 1.2-1.4 LPM for living expenses and savings.
Rs 15 LPA = Rs 1.0-1.1 LPM; Rs 20 LPA = Rs 1.
3-1.4 LPM; Rs 25 LPA = Rs 1.55-1.
65 LPM; Rs 35 LPA = Rs 1.9-2.05 LPM; Rs 40 LPA = Rs 2.
1-2.25 LPM; Rs 50 LPA = Rs 2.5-2.
7 LPM. Mumbai/Delhi/Bangalore living expenses: Rs 50-80K/month for decent flat + food + transport. You can save Rs 50K-1L/month at Rs 30 LPA package depending on city.
Old tax regime with HRA deduction can give slightly higher in-hand for rented housing. Check your eligibility at collvera.