FY 2026-27 · new regime default
20 LPA in-hand salary India
- FY 2026-27
- Estimates
20 LPA is where special allowance, PF policy and tax regime start to move monthly in-hand by tens of thousands. A “70% of CTC” rule of thumb is usually wrong here.
Estimated monthly in-hand
₹1,04,620
₹12,55,438 / year · 62.8% of ₹20 lakh CTC
What this 20 LPA sketch assumes
Cost-to-company ₹20,00,000. Basic at 40% of CTC. HRA at 50% of basic. Employer PF 12% of basic (no ₹15,000 ceiling). Employer gratuity at 15/26 of basic. Special allowance is the residual so the pieces still add to CTC. Employee PF matches the employer base. Professional tax ₹2,500 a year. New tax regime for Tax Year 2026-27, ₹75,000 standard deduction, 4% cess.
New-regime tax reaches the 20% slab on income above ₹16 lakh. Old regime can still win if rent and 80C are large — run both on the CTC calculator.
Who it is for: Offer-letter negotiations and job switches in metros. It is not a bank guarantee. Variable bonus, ESOPs, NPS 80CCD(2) and “PF only on ₹15,000” will move the monthly number — that is what the live calculator is for.
Breakdown
| Component | Annual | Monthly |
|---|---|---|
| Cash gross | ₹14,42,462 | ₹1,20,205 |
| − Employee PF | ₹96,000 | ₹8,000 |
| − Professional tax | ₹2,500 | ₹208 |
| − Estimated TDS | ₹88,524 | ₹7,377 |
| In-hand | ₹12,55,438 | ₹1,04,620 |
Other LPA sketches use the same engine: 10 LPA12 LPA15 LPA25 LPA