# 7 LPA In-Hand Salary: INR 49,700 a Month (FY 2026-27) > 7 LPA in hand salary in FY 2026-27 is about INR 49,700 a month with zero income tax. See PF, gratuity, the old regime and the full breakup. Source: https://trykosh.com/tools/7-lpa-in-hand-salary Free tool - Salary and retirement # 7 LPA in-hand salary: what INR 7 lakh CTC pays each month On a 7 LPA CTC you take home about INR 49,722 a month in FY 2026-27, with no income tax in the new regime. 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 49,722 INR 5,96,665 a year Take-home **INR 5,96,665**PF (both shares) **INR 84,000**Gratuity + PT **INR 19,335** CTC INR 7,00,000 − Employer PF INR 42,000 − Gratuity provision (4.81% of basic) INR 16,835 Gross salary INR 6,41,165 − Your PF (12% of basic) INR 42,000 − Professional tax INR 2,500 − Income tax (new regime) INR 0 Take-home for the year INR 5,96,665 Basic works out to INR 29,167 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 49,722 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 7 LPA. [Start free](/signup?via=tool-7-lpa-in-hand-salary) ## How the 7 LPA in-hand salary works A 7 LPA package means a cost to company of INR 7 lakh a year. Assuming basic pay at half of CTC (the Labour Codes floor), your employer's 12% PF contribution (INR 42,000) and a gratuity provision of 4.81% of basic (INR 16,835) sit inside that CTC but never reach your account, so your gross salary is INR 6,41,165, or INR 53,430 a month. From gross, your own 12% PF (INR 42,000 a year) and INR 2,500 of professional tax are deducted; income tax is nil in the new regime. That leaves INR 5,96,665 a year, about INR 49,722 a month: 85% of your CTC. Tax is zero because your taxable income after the INR 75,000 standard deduction is INR 5,66,165, and the section 87A rebate cancels the INR 8,308 of slab tax on it (the rebate covers taxable income up to INR 12 lakh). The old regime is also nil at this salary, so the regime choice doesn't change your in-hand pay. 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 91,165 a year. Your PF alone counts for INR 42,000 of that. Compared with 6 LPA (INR 42,589 a month), the extra INR 1 lakh of CTC adds INR 7,133 a month to take-home, INR 7,133 for each lakh; the rest goes to PF and gratuity. In-hand = CTC − employer PF − gratuity − employee PF − professional tax − income tax ## Worked example: the same 7 LPA with 10% variable pay Many offers at 7 LPA hold back part of the package as performance pay. With 10% variable (INR 70,000), basic is calculated on the fixed part, and take-home is INR 44,729 a month before the bonus, or INR 50,562 averaged over the year if it's paid in full. In-hand salary per month INR 50,562 INR 44,729 a month without the variable pay Take-home **INR 6,06,749**PF (both shares) **INR 75,600**Gratuity + PT **INR 17,652** CTC INR 7,00,000 − Employer PF INR 37,800 − Gratuity provision (4.81% of basic) INR 15,151 Gross salary INR 6,47,049 − Your PF (12% of basic) INR 37,800 − Professional tax INR 2,500 − Income tax (new regime) INR 0 Take-home for the year INR 6,06,749 Basic works out to INR 26,250 a month. PF is still your money: it grows at 8.25% a year in your EPF account. [Load this example into the calculator ->](?variablePct=10#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 3,400 a month to INR 53,122, at the cost of slower EPF savings. - If 10% of the package is variable pay, fixed take-home drops to about INR 44,729 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. - Your PF isn't lost: both shares (INR 84,000 a year) build up in your EPF account at 8.25% (FY 2025-26 rate). ## Frequently asked questions What is the in-hand salary for 7 LPA? About INR 49,722 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 53,122. How much tax do I pay on 7 LPA? Nothing in the new regime: taxable income of INR 5,66,165 gets a full 87A rebate. The old regime is nil too. How much is 7 LPA per month? INR 58,333 is CTC divided by 12, but that isn't what you're paid. Gross salary is INR 53,430 a month, and after PF, professional tax and income tax about INR 49,722 reaches your account. Is the old or new regime better on 7 LPA? The new regime, unless your old-regime deductions add up to more than INR 91,165 a year. Typically only people paying high rent in a metro or a home loan get there. ## 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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