Compare Two Job Offers
Two CTCs side by side by what actually reaches your bank — after PF, tax and professional tax, with variable pay counted separately.
Offer B puts ₹15,045 more in your bank each month, on fixed pay.
Offer A
Offer B
Side by side, a year
| Figure | Offer A | Offer B |
|---|---|---|
| In hand a month | ₹87,800 | ₹1,02,845 |
| Income tax | ₹0 | ₹83,460 |
| PF, both sharesStill your money, held in PF | ₹1,44,000 | ₹1,80,000 |
| In hand over the year | ₹10,53,600 | ₹12,34,140 |
What this leaves out
| Joining bonus, retention bonus and stock (ESOPs, RSUs) | Not counted |
| Insurance, meal cards and other benefits | Not counted |
| Old-regime deductions (HRA, 80C) | New regime only |
Worked out on the new tax regime for FY 2026-27, 40% basic unless you change it, and ₹200 a month professional tax. Your offer letter’s CTC breakup decides the real figures.
How it’s worked out
Why CTC is the wrong number to compare
Cost to company is what the employer spends on you in a year, not what you receive. It includes the employer’s share of PF, which goes into your PF account rather than your bank, and it is taxed before anything reaches you. Two offers with the same CTC can pay quite different amounts each month if their structures differ.
This tool runs both offers through the same in-hand calculation Muktify uses everywhere: PF on wages under the Code on Social Security, income tax on the new regime for FY 2026-27, and professional tax. On ₹12 LPA that is about ₹87,800 a month in hand, and on ₹15 LPA about ₹1,02,845.
Variable pay is counted for the year, not the month
Variable pay and performance bonus are usually paid once or twice a year, and only if targets are met. They carry no PF, and they are taxed in the month they are paid at your highest slab. So the tool keeps them out of the monthly figure and adds their after-tax amount to the year’s total, as if paid in full.
That is why the two answers can point different ways: an offer with a larger fixed CTC can pay more every month, while one with a big variable component pays more over the year when the variable is paid in full. Whether it will be paid is something only the offer letter and the company can tell you.
What the comparison leaves out
Joining and retention bonuses, stock grants such as ESOPs and RSUs, insurance, meal cards and other benefits are not in these figures, and neither are old-regime deductions like HRA and 80C. Basic is taken as 40% of fixed CTC unless you change it; your offer letter’s CTC breakup gives the real share.
Questions people ask
How do I compare two job offers in India?
Compare what each puts in your bank, not the CTC. Take the fixed CTC of each, work out the monthly in-hand after PF, income tax and professional tax, then add variable pay separately for the year. This tool does that on the new regime for FY 2026-27.
Is a higher CTC always more take-home pay?
Usually, but not always by as much as the CTC gap suggests. Part of every extra rupee goes to tax and PF, and a structure with a larger variable share or the employer’s PF counted inside the CTC can narrow the monthly difference.
How is variable pay taxed?
As salary, in the month it is paid, at your highest slab. It has no PF deducted. That is why this tool adds variable pay to the year’s total after the extra tax it causes, rather than spreading it across the months.
Should I include the employer’s PF in the CTC?
Match the offer letter. Most Indian CTCs include the employer’s PF contribution, which goes into your PF account rather than your salary. Switch the toggle off for an offer that pays it on top of the CTC.
Does this compare the old and new tax regimes?
No. Both offers are worked out on the new regime for FY 2026-27, which is the default. To see the old regime with your own HRA and deductions, use the tax regime calculator.
Educational estimates from the figures you enter. Not investment advice — Muktify is not SEBI-registered.