Updated 2026-07-08

20 LPA In-Hand Salary Breakdown

A ₹20 Lakh CTC works out to about ₹1.36 L per month in hand under the FY 2026-27 new tax regime, using a 40% basic salary and uncapped PF. Adjust the prefilled calculator for your offer structure.

Annual CTC

₹20.00 L

Monthly CTC

₹1.67 L

Monthly In-Hand

₹1.36 L

Annual Income Tax

₹1.72 L

₹
Allowed range: ₹3,00,000 to ₹5,00,00,000. Values outside this range are adjusted to the nearest limit.
%
Allowed range: 0 to 30%. Values outside this range are adjusted to the nearest limit.
%
Allowed range: 20 to 60%. Values outside this range are adjusted to the nearest limit.
%
Allowed range: 20 to 60%. Values outside this range are adjusted to the nearest limit.
City Type
Employer EPF in CTC
Restrict EPF to ₹1,800/mo
Tax Regime
In-Hand
EPF
Income Tax
Monthly In-Hand Salary

₹1.36 L

Annual Take-Home

₹16.33 L

Monthly CTC

₹1.67 L

Real In-Hand Salary (after tax & EPF)

₹1.36 L

Your gross CTC of ₹20.00 L/year (₹1.67 L/month) is reduced to a real take-home of ₹1.36 L/month after accounting for monthly income tax of ₹14,369 and employee EPF of ₹8,000.

Salary Reality

What can you invest each month?

Monthly expenses

Enter your recurring monthly costs.

₹
Allowed range: ₹0 to ₹2,00,000. Values outside this range are adjusted to the nearest limit.
₹
Allowed range: ₹0 to ₹2,00,000. Values outside this range are adjusted to the nearest limit.
₹
Allowed range: ₹0 to ₹2,00,000. Values outside this range are adjusted to the nearest limit.
In-hand salary₹1.36 L
Rent + EMIs + living costs−₹15,000
Investable surplus₹1.21 L

Monthly Breakdown

Basic Salary₹66,667
HRA₹33,333
Special Allowance₹58,667
Gross Salary₹1.59 L

Monthly Deductions

Employee EPF−₹8,000
Professional Tax−₹200
Income Tax (New Regime)−₹14,369
Total Deductions−₹22,569

Employer EPF: ₹8,000/month is part of your CTC but doesn't appear in your payslip as take-home. It goes directly to your PF account.

₹20 Lakh CTC leaves ₹1,36,098 a month in hand after tax and PF

The annual package equals ₹1.67 L monthly CTC, but CTC is not bank credit. With employer PF included, gross monthly salary is ₹1.59 L. After employee PF of ₹8,000, professional tax of ₹200, and estimated income tax of ₹14,369, take-home is about ₹1.36 L.

The 82% take-home rate assumes 40% basic and PF on full basic

  • 40% of CTC is basic salary and HRA is 50% of basic.
  • No variable bonus; employer EPF is included in CTC and PF is calculated on full basic.
  • FY 2026-27 new tax regime with the standard deduction.
  • ₹200 monthly professional tax; payroll policies and state rules can differ.

The ₹1,36,098 take-home moves with PF policy, bonus, and regime choice

A lower PF contribution raises current take-home but reduces retirement savings. Variable pay lowers regular monthly credit because part of CTC is paid later. The old regime may produce a different result when you have substantial HRA, 80C, 80D, NPS, or home-loan deductions. Change those inputs above instead of treating this estimate as a payslip guarantee.

Frequently Asked Questions

What is the monthly in-hand salary for ₹20 Lakh CTC?
On the modeled structure (40% basic, ₹15,000 monthly rent, uncapped PF), ₹20 Lakh CTC leaves about ₹1,36,098 a month in hand under the FY 2026-27 new regime. A different salary structure changes the figure; enter it in the calculator above.
How much income tax is deducted from ₹20 Lakh CTC?
Estimated income tax is ₹1,72,432 per year, or ₹14,369 per month, under the new regime. This estimate excludes special-rate income and employer-specific benefits.
Why is ₹20 Lakh CTC not ₹1,66,667 in hand each month?
Monthly CTC of ₹1,66,667 includes employer EPF and is reduced by ₹8,000 employee EPF, ₹200 professional tax, and ₹14,369 income tax, leaving ₹1,36,098: about 82% of annual CTC becomes take-home pay.
Can I calculate a different structure for ₹20 Lakh CTC?
Yes. Use the prefilled calculator on this page to change bonus, basic salary, HRA, rent, city type, EPF policy, deductions, or tax regime.
Try it yourself → Salary Calculator

Related Reads

Income Tax on ₹20 Lakh Gross Income

Separate gross-income comparison of old and new regimes

₹18 Lakh CTC In-Hand Salary

₹1.24 L/month under the new regime

₹15 Lakh CTC In-Hand Salary

₹1.06 L/month under the new regime

Written by Amir Khan, a contributor to RupeeReality: free financial calculators for Indian investors. All calculations use standard financial formulas cross-referenced against established platforms. Numbers updated for FY 2026-27. Not financial advice.