What is the in-hand salary for 20 LPA?

About ₹1,29,330 a month under the new tax regime, if basic pay is 50% of CTC, PF is 12% of the full basic and gratuity is part of the CTC. If your employer caps PF at the ₹25,000 wage ceiling, it is about ₹1,41,874.

How much income tax is paid on 20 LPA?

₹1,57,435 a year (₹13,120 a month) under the new regime, including 4% cess. The old regime would charge ₹3,22,733 with only PF under 80C.

How much PF is deducted from a 20 LPA salary?

₹10,000 a month if PF is 12% of your full basic of ₹83,333, and your employer adds the same amount. If PF is capped at the ₹25,000 wage ceiling, it is ₹3,000 a month each.

20 LPA In-Hand Salary (FY 2026-27)

A CTC of ₹20 lakh (₹1,66,667 a month) gives an in-hand salary of about ₹1,29,330 a month under the new tax regime and ₹1,15,556 under the old regime, with a typical structure: basic at 50% of CTC, PF of 12% on the full basic, gratuity included in the CTC and ₹2,500 a year of professional tax.

In-hand salary per month (new regime)

₹1,29,330

The new regime leaves you ₹1,65,298 more a year. Take-home for the year: ₹15,51,965.

Monthly salary slip

Per month	New regime	Old regime
Gross salary	₹1,52,658	₹1,52,658
Your PF contribution	-₹10,000	-₹10,000
Professional tax	-₹208	-₹208
Income tax (TDS)	-₹13,120	-₹26,894
In-hand salary	₹1,29,330	₹1,15,556

CTC breakup

Component	A year	A month
Basic + DA	₹10,00,000	₹83,333
HRA (40% of basic)	₹4,00,000	₹33,333
Special allowance	₹4,31,900	₹35,992
Employer PF	₹1,20,000	₹10,000
Gratuity (4.81% of basic)	₹48,100	₹4,008
CTC	₹20,00,000	₹1,66,667

Employer PF and gratuity are part of the CTC but aren't paid to you each month: PF goes into your EPF account, and gratuity is paid when you leave after five years.

How your salary structure changes take-home pay

Structure	In-hand a month (new regime)
Basic 50% of CTC, PF on full basic	₹1,29,330
Basic 50% of CTC, PF capped at ₹25,000 basic	₹1,41,874
Basic 40% of CTC, PF on full basic	₹1,33,549
Basic 40% of CTC, PF capped at ₹25,000 basic	₹1,42,509

Since 17 September 2026 the EPF wage ceiling is ₹25,000 a month. Employers who cap PF deduct at most ₹3,000 a month, which raises in-hand pay but puts less into your EPF. Under the labour codes, basic pay plus DA must be at least half of your pay, so structures with a low basic are being phased out.

New or old tax regime?

The new regime charges ₹1,57,435 a year and the old regime ₹3,22,733 with only PF under 80C. For the old regime to come out ahead, you would need about ₹5,29,800 of deductions on top of your PF and professional tax, such as HRA, other 80C investments, health insurance and home loan interest.

Nearby salaries

CTC	In-hand a month (new)	In-hand a month (old)
16 LPA	₹1,06,242	₹95,926
18 LPA	₹1,18,126	₹1,05,741
20 LPA	₹1,29,330	₹1,15,556
22 LPA	₹1,40,421	₹1,25,370
24 LPA	₹1,50,977	₹1,35,185

Change the structure in the in-hand salary calculator

Also see: Income Tax Calculator · HRA Exemption Calculator · EPF Calculator · CTC vs in-hand salary guide

Questions

Estimates for tax year 2026-27 for a resident under 60 with no other income and no variable pay. Your payslip depends on your employer's structure, your state's professional tax and the deductions you declare.