# 20 LPA In-Hand Salary: INR 1,29,300 a Month (FY 2026-27) > 20 LPA in hand salary in FY 2026-27 is about INR 1,29,300 a month after INR 1.57 lakh tax. See PF, gratuity, old vs new regime and the breakup. Source: https://trykosh.com/tools/20-lpa-in-hand-salary Free tool - Salary and retirement # 20 LPA in-hand salary: what INR 20 lakh CTC pays each month On a 20 LPA CTC you take home about INR 1,29,330 a month in FY 2026-27. Change the basic share, PF, variable pay or regime below to match your offer letter. Rules checked 25 October 2026Free - no sign-upRuns in your browser In-hand salary per month INR 1,29,330 INR 15,51,965 a year Take-home **INR 15,51,965**Income tax **INR 1,57,435**PF (both shares) **INR 2,40,000**Gratuity + PT **INR 50,600** CTC INR 20,00,000 − Employer PF INR 1,20,000 − Gratuity provision (4.81% of basic) INR 48,100 Gross salary INR 18,31,900 − Your PF (12% of basic) INR 1,20,000 − Professional tax INR 2,500 − Income tax (new regime) INR 1,57,435 Take-home for the year INR 15,51,965 Basic works out to INR 83,333 a month. PF is still your money: it grows at 8.25% a year in your EPF account. ## Upload your statement and Kosh does this for you. Knowing you get INR 1,29,330 is the start; Kosh shows where it goes. Upload a salary slip or bank statement and it finds the subscriptions, fees and leaks eating your month, picks your tax regime from your real deductions and sets a daily plan to save more of your 20 LPA. [Start free](/signup?via=tool-20-lpa-in-hand-salary) ## How the 20 LPA in-hand salary works A 20 LPA package means a cost to company of INR 20 lakh a year. Assuming basic pay at half of CTC (the Labour Codes floor), your employer's 12% PF contribution (INR 1,20,000) and a gratuity provision of 4.81% of basic (INR 48,100) sit inside that CTC but never reach your account, so your gross salary is INR 18,31,900, or INR 1,52,658 a month. From gross, your own 12% PF (INR 1,20,000 a year) and INR 2,500 of professional tax are deducted, along with INR 1,57,435 of income tax in the new regime. That leaves INR 15,51,965 a year, about INR 1,29,330 a month: 78% of your CTC. Your taxable income after the INR 75,000 standard deduction is INR 17,56,900, which reaches the 20% slab, and tax works out to INR 1,57,435 a year in the new regime (INR 13,120 a month of TDS). In the old regime, with INR 1.5 lakh of 80C, it's INR 3,13,373. The old regime only beats the new one if your total old-regime deductions (80C including your PF, HRA, 80D health insurance, home-loan interest) come to more than INR 6,52,300 a year. Your PF alone counts for INR 1,20,000 of that. Compared with 18 LPA (INR 1,18,126 a month), the extra INR 2 lakh of CTC adds INR 11,205 a month to take-home, INR 5,602 for each lakh; the rest goes to PF, gratuity and INR 36,736 more tax. In-hand = CTC − employer PF − gratuity − employee PF − professional tax − income tax ## Worked example: 20 LPA with PF on the INR 15,000 ceiling Some employers cap PF at 12% of INR 15,000 (INR 1,800 a month each) rather than 12% of full basic (INR 10,000). At 20 LPA that leaves INR 19,30,300 of gross salary and INR 1,44,025 a month in hand, INR 14,694 more than with full PF, but INR 1,96,800 a year less going into your EPF. In-hand salary per month INR 1,44,025 INR 17,28,298 a year Take-home **INR 17,28,298**Income tax **INR 1,77,902**PF (both shares) **INR 43,200**Gratuity + PT **INR 50,600** CTC INR 20,00,000 − Employer PF INR 21,600 − Gratuity provision (4.81% of basic) INR 48,100 Gross salary INR 19,30,300 − Your PF (12% of basic) INR 21,600 − Professional tax INR 2,500 − Income tax (new regime) INR 1,77,902 Take-home for the year INR 17,28,298 Basic works out to INR 83,333 a month. PF is still your money: it grows at 8.25% a year in your EPF account. [Load this example into the calculator ->](?pfCapped=1#calculator) ## Good to know - If your employer calculates PF on the INR 15,000 statutory wage ceiling instead of full basic, take-home rises by INR 14,694 a month to INR 1,44,025, at the cost of slower EPF savings. - If 10% of the package is variable pay, fixed take-home drops to about INR 1,16,224 a month; the bonus arrives separately, taxed, when it's paid. - In Delhi, Haryana, Uttar Pradesh and other states without professional tax, add INR 208 a month. - Ask for employer NPS at 14% of basic: it's deductible even in the new regime and would cut your tax by about INR 29,120 a year. ## Frequently asked questions What is the in-hand salary for 20 LPA? About INR 1,29,330 a month in FY 2026-27, with basic at half of CTC, PF on full basic, gratuity inside the CTC and the new tax regime. If PF is on the INR 15,000 ceiling, it's closer to INR 1,44,025. How much tax do I pay on 20 LPA? INR 1,57,435 a year in the new regime, including 4% cess. In the old regime with INR 1.5 lakh of 80C, INR 3,13,373. How much is 20 LPA per month? INR 1,66,667 is CTC divided by 12, but that isn't what you're paid. Gross salary is INR 1,52,658 a month, and after PF, professional tax and income tax about INR 1,29,330 reaches your account. Is the old or new regime better on 20 LPA? The new regime, unless your old-regime deductions add up to more than INR 6,52,300 a year. That's more than almost anyone on this salary can claim. ## Sources and assumptions - [Income Tax Department](https://www.incometax.gov.in/) - [EPFO](https://www.epfindia.gov.in/) - [Ministry of Labour and Employment](https://labour.gov.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. 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