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InHand

Compare job offers: which one puts more in your bank

Compare two job offers side by side for FY 2026-27: monthly in-hand salary, variable pay, joining bonus after tax, income tax and PF, with a clear verdict on which pays more.

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A higher CTC does not always mean more money each month. Variable pay, a joining bonus, the PF rules and even the city change what actually reaches your bank. Enter both offers as they appear on the offer letters and see them side by side.

Current job

One-time, on top of CTC

Salary structure and rent
PF

Only the old regime gives relief for rent

New offer

One-time, on top of CTC

Salary structure and rent
PF

Only the old regime gives relief for rent

New offer puts more in your bank

₹4,624more a month

That is ₹55,494 a year of fixed pay, after income tax, PF and professional tax.

Variable pay is left out of the monthly figure: it is not guaranteed and is usually paid once or twice a year.

A joining bonus is paid once and is often taken back if you leave within a year. Check the clawback clause.

Per offerCurrent jobNew offer
CTC₹12,00,000₹15,00,000
In hand a monthFixed pay, what lands each month₹92,494₹97,119 (higher)
Variable pay a yearPaid separately, if earned₹0₹1,50,000
In hand a yearWith variable pay at 100%₹11,09,934₹13,15,427 (higher)
Joining bonus after taxOnce–₹84,400
First-year total₹11,09,934₹13,99,827 (higher)
Income tax a year₹0₹87,295
Your PF a yearYours, paid in later₹29,360₹29,360
Employer PF and gratuity a yearLong-term, inside CTC₹58,206₹65,418
Cheaper regimeNewNew

Full breakdown of Current job, ₹12 LFull breakdown of New offer, ₹15 L

The link carries both offers, so you can send it to someone or reopen it later.

How to compare two offers

  • Start with the monthly in-hand. It is the fixed pay that lands every month, after income tax, PF and professional tax, and the fairest single number to compare.
  • Treat variable pay as a maybe. It sits inside CTC but is paid once or twice a year, and often at less than 100%. The table shows the year with it in full, so you can judge how much you are counting on it.
  • A joining bonus is one year only. It is taxed like salary at your highest slab, and most offer letters ask for it back if you leave within twelve months.
  • PF on your full Basic means less in hand but more saved. Some employers pay PF on the whole Basic rather than the ₹25,000 ceiling. Your monthly pay drops, and your PF balance grows by the same amount from each side.
  • The city matters too. Professional tax differs by state, and under the old regime the HRA exemption depends on your rent and whether you live in one of the eight 50% cities.

Each offer uses the calculator's engine with Basic at the share you enter, HRA at half of Basic and special allowance taking the rest. For any other structure, open an offer's full breakdown and match each component from the letter. To see what a raise does instead, use the salary hike calculator.