In-hand salary for ₹20 LPA (FY 2026-27)
What is the in-hand salary for ₹20 LPA?
₹1,41,883 / month
That’s ₹17,02,593 a year in the new regime, with basic at 50% of CTC and PF capped at ₹3,000 a month. If PF is on your full basic, it’s about ₹1,29,339 a month.
Open in the calculatorMonthly breakdown
| PF capped | PF on full basic | |
|---|---|---|
| Basic pay | ₹83,333 | ₹83,333 |
| Allowances (HRA, special…) | ₹76,325 | ₹69,325 |
| Gross salary | ₹1,59,658 | ₹1,52,658 |
| Your PF | −₹3,000 | −₹10,000 |
| Professional tax | −₹200 | −₹200 |
| Income tax | −₹14,576 | −₹13,120 |
| In-hand per month | ₹1,41,883 | ₹1,29,339 |
Employer PF (₹36,000/yr capped) and gratuity (₹48,100/yr) are part of your CTC but don’t reach your bank each month. Professional tax assumed at ₹2,400 a year.
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What do you know?
₹
₹20 lakh
₹
Leave at 0 if your CTC is all fixed pay
Tax regime
Salary structure
%
50% is now standard under the labour codes
Provident fund
%
Share of basic. Tax-free up to 14% in the new regime, 10% in the old.
Monthly in-hand salary
₹1,41,883
₹17,02,593 a year in your bank
Income tax / yr
₹1,74,907
Effective tax rate
9.5%
Your PF / yr
₹36,000
Monthly gross
₹1,59,658
Where your CTC goes
The new regime gives you ₹16,689 more each month than the old one. The old regime would only win if your deductions crossed ₹6,77,900.
Your monthly payslip
Earnings
Basic₹83,333
Allowances (HRA, special…)₹76,325
Gross₹1,59,658
Deductions
Provident fund−₹3,000
Professional tax−₹200
Income tax (TDS)−₹14,576
Total₹17,776
Net pay₹1,41,883
Questions people ask
What is ₹20 LPA per month?
₹20 LPA means a CTC of ₹20,00,000 a year, or ₹1,66,667 a month on paper. After PF, gratuity, professional tax and income tax, the amount in your bank is about ₹1,41,883 a month in the new regime.
How much income tax do I pay on ₹20 LPA?
About ₹1,74,907 a year (₹14,576 a month) in the new regime, an effective rate of 9.5% on taxable income of ₹18,40,900.
Is the old regime better for ₹20 LPA?
Only if your old-regime deductions (80C, 80D, HRA, home-loan interest, NPS) add up to more than about ₹6,77,900. Without deductions, the old regime would cost you ₹2,00,273 more a year.
Why does PF make such a difference?
If PF is calculated on your full basic instead of being capped at ₹3,000 a month, ₹12,544 less reaches your bank each month. That money isn’t lost: it goes into your EPF account, where it earns interest for retirement.