20 LPA in-hand salary: monthly take-home for FY 2026-27
On a CTC of ₹20,00,000 (₹20 lakh a year) the monthly in-hand salary is about ₹1,32,513 in the new tax regime, assuming basic pay is 50% of CTC and PF is 12% of full basic. If your employer limits PF to the ₹15,000 statutory wage ceiling, take-home rises to about ₹1,47,208, because less of the CTC goes into PF.
The new regime leaves you ₹1,60,971 a year better off than the old one even with the full ₹1.5 lakh 80C deduction claimed (PF counts towards it). The highest take-home of the four cases is the new regime, PF on the ₹15,000 cap.
Moving up from ₹15 lakh to ₹20 lakh, you keep about 71% of the extra CTC as take-home in the new regime.
Open the in-hand salary calculator
₹20 LPA: yearly and monthly in-hand in each case
| Case | Income tax / yr | Employee PF / yr | In-hand / yr | In-hand / month |
|---|---|---|---|---|
| New regime, PF on full basic | ₹1,67,440 | ₹1,20,000 | ₹15,90,160 | ₹1,32,513 |
| New regime, PF on ₹15,000 cap | ₹1,87,907 | ₹21,600 | ₹17,66,493 | ₹1,47,208 |
| Old regime, PF on full basic | ₹3,28,411 | ₹1,20,000 | ₹14,29,189 | ₹1,19,099 |
| Old regime, PF on ₹15,000 cap | ₹3,59,112 | ₹21,600 | ₹15,95,288 | ₹1,32,941 |
Monthly breakup, new regime, PF on full basic
| Component | Monthly | Yearly |
|---|---|---|
| CTC | ₹1,66,667 | ₹20,00,000 |
| Employer PF (inside CTC) | − ₹10,000 | − ₹1,20,000 |
| Gross salary | ₹1,56,667 | ₹18,80,000 |
| Basic pay | ₹83,333 | ₹10,00,000 |
| Employee PF (12% of basic) | − ₹10,000 | − ₹1,20,000 |
| Professional tax | − ₹200 | − ₹2,400 |
| Income tax incl. 4% cess | − ₹13,953 | − ₹1,67,440 |
| In-hand salary | ₹1,32,513 | ₹15,90,160 |
Assumptions
Assumptions: FY 2026-27 slabs, age under 60, basic 50% of CTC, employer PF inside CTC, professional tax ₹2,400 a year (it varies by state, and some states charge none). Old regime claims ₹1.5 lakh 80C including PF and the ₹50,000 standard deduction; HRA, 80D and home-loan interest are not included.
Gratuity, bonuses and reimbursements are often quoted inside CTC but are not paid monthly. If your CTC includes them, enter the fixed part in the calculator.
Questions
What is the monthly salary for 20 LPA?
About ₹1,32,513 a month after PF, professional tax and income tax in the new regime, with PF on full basic. With PF on the ₹15,000 cap it is about ₹1,47,208.
How much tax is paid on 20 LPA?
About ₹1,67,440 a year in the new regime, including 4% cess, and ₹3,28,411 in the old regime with full 80C.
Old or new regime?
New, by ₹1,60,971 a year in this example. The old regime only catches up with large HRA or home-loan deductions; enter yours in the calculator.