₹20 LPA CTC - In-Hand Salary Breakup
Estimated monthly take-home under new tax regime. Adjust your exact salary structure below.
Monthly Take-Home
₹1,44,035
Annual Take-Home
₹17,28,420
Monthly TDS
₹14,826
Monthly PF
₹1,800
Monthly Salary Breakup - ₹20 LPA CTC
| Component | Monthly | Annual |
|---|---|---|
| Earnings | ||
| Basic Salary | ₹83,333 | ₹9,99,996 |
| HRA | ₹41,667 | ₹5,00,004 |
| Special Allowance / Other | ₹35,860 | ₹4,30,320 |
| Gross Monthly Salary | ₹1,60,860 | ₹19,30,320 |
| Deductions | ||
| Employee PF (12% of basic) | - ₹1,800 | - ₹21,600 |
| Professional Tax | - ₹200 | - ₹2,400 |
| Income Tax (TDS - new regime) | - ₹14,826 | - ₹1,77,912 |
| Total Deductions | - ₹16,826 | - ₹2,01,912 |
| In-Hand (Take-Home) Salary | ₹1,44,035 | ₹17,28,420 |
Estimates assume: basic = 50% of CTC, HRA = 50% of basic (metro), new tax regime, employee PF capped at ₹1,800/month, professional tax ₹200/month. Use the calculator below for exact figures.
Enter your exact CTC and salary structure
Monthly Take Home
₹98,000
Annual Take Home
₹11.76 L
Annual Gross Salary
₹12 L
Monthly Salary Components
Annual Deductions
Visual Breakdown
Monthly gross composition
Take-home vs deductions (of gross)
HRA = 50% of basic (metro). Enter Employer PF and Gratuity only if they are part of your CTC breakup.
Recommended max EMI at this take-home: ₹39,200 /month (40% rule).
How ₹20 LPA CTC becomes ₹1,44,035/month in hand
Your ₹20 LPA Cost to Company is first reduced by the employer-borne items that never reach your bank account — employer PF (₹21,600/yr) and the gratuity provision (₹48,077/yr) — to arrive at a gross salary of ₹1,60,860/month. Gross is split into basic, HRA and other allowances, then three statutory deductions (employee PF, professional tax and income tax) are taken out to give your net in-hand pay. The full split (basic = 50% of CTC, metro HRA, new tax regime) is below.
| Component | Monthly | Annual | % of CTC |
|---|---|---|---|
| From CTC to gross salary | |||
| Cost to Company (CTC) | ₹1,66,667 | ₹20,00,000 | 100.0% |
| Less: Employer PF contribution | - ₹1,800 | - ₹21,600 | 1.1% |
| Less: Gratuity provision | - ₹4,006 | - ₹48,077 | 2.4% |
| Gross Salary | ₹1,60,860 | ₹19,30,323 | 96.5% |
| Gross salary composition | |||
| Basic Salary | ₹83,333 | ₹9,99,996 | 50.0% |
| HRA | ₹41,667 | ₹5,00,004 | 25.0% |
| Special / Other Allowance | ₹35,860 | ₹4,30,320 | 21.5% |
| Statutory deductions from gross | |||
| Employee PF (12% of basic) | - ₹1,800 | - ₹21,600 | 1.1% |
| Professional Tax | - ₹200 | - ₹2,400 | 0.1% |
| Income Tax (TDS, new regime) | - ₹14,826 | - ₹1,77,907 | 8.9% |
| Net In-Hand Salary | ₹1,44,035 | ₹17,28,416 | 86.4% |
Employer PF is restricted to the ₹15,000 statutory wage ceiling (₹1,800/month) and gratuity is provisioned at ≈4.81% of basic — the same assumptions the calculator uses. Enter your exact structure above for a personalised figure.
Your monthly in-hand — and what reduces it
Monthly in-hand
₹1,44,035
≈ 90% of your ₹1,60,860 gross
Employee PF
- ₹1,800
12% of basic — your own EPF savings
Professional Tax
- ₹200
state levy, ₹2,400/yr here
Income Tax (TDS)
- ₹14,826
new regime, spread monthly
From a gross of ₹1,60,860/month, ₹16,826 is deducted every month (₹1,800 employee PF + ₹200 professional tax + ₹14,826 income tax), leaving ₹1,44,035 in hand. The ₹1,800 PF is not truly lost — it is your own money building up in your EPF account, matched by an equal employer contribution.
New vs old tax regime at ₹20 LPA CTC
| Tax regime | Income tax / yr | Monthly in-hand | Annual in-hand |
|---|---|---|---|
| New regime (better here) | ₹1,77,907 | ₹1,44,035 | ₹17,28,416 |
| Old regime | ₹3,84,173 | ₹1,26,846 | ₹15,22,150 |
At ₹20 LPA CTC the new regime gives about ₹17,189/month more in hand when you have no major deductions to claim. The old-regime figure here assumes only the standard deduction, EPF and professional tax — it can overtake the new regime if you claim significant HRA exemption, ₹1.5L of 80C, home-loan interest or 80D premiums.
Salary structure matters too: if your employer sets basic at 40% of CTC instead of 50%, your new-regime in-hand shifts to about ₹1,44,669/month (vs ₹1,44,035 at 50%). A lower basic slightly trims the PF and gratuity carved out of CTC, but a higher basic lets you claim a larger HRA exemption under the old regime.
Frequently Asked Questions
What is the in-hand salary for ₹20 LPA CTC per month?▾
For ₹20 LPA CTC, the approximate monthly in-hand (take-home) salary is ₹1,44,035 under the new tax regime — about ₹17,28,416 a year. This assumes basic at 50% of CTC, metro HRA (50% of basic), employee PF of ₹1,800/month, professional tax of ₹200/month and income tax (TDS) of ₹14,826/month. Your actual figure varies with your exact salary structure and declared deductions.
How is the salary breakup calculated for ₹20 LPA CTC?▾
Starting from ₹20 LPA CTC, the employer PF (₹21,600/yr) and gratuity provision (₹48,077/yr) are removed to give a gross salary of ₹19,30,323/yr (₹1,60,860/month). Gross is split into basic (₹83,333/month, 50% of CTC), HRA (₹41,667/month, 50% of basic) and special allowance (₹35,860/month). Employee PF is 12% of basic, capped at ₹1,800/month on the ₹15,000 statutory wage ceiling.
How much income tax will I pay on ₹20 LPA CTC?▾
Under the new tax regime, the estimated income tax on ₹20 LPA CTC is about ₹1,77,907 per year (₹14,826/month as TDS), after the ₹75,000 standard deduction and 4% health & education cess. Taxable income up to ₹12 lakh is effectively tax-free thanks to the Section 87A rebate of ₹60,000, so lower CTC packages often pay zero income tax.
Is the new or old tax regime better for ₹20 LPA CTC?▾
At ₹20 LPA CTC with no major deductions declared, the new regime leaves about ₹17,189/month more in hand — ₹1,44,035 under the new regime vs ₹1,26,846 under the old regime. The old regime can pull ahead if you claim a large HRA exemption, the full ₹1.5 lakh under Section 80C, home-loan interest under Section 24(b), or 80D health-insurance premiums.
What is the difference between ₹20 LPA CTC and in-hand salary?▾
₹20 LPA CTC (Cost to Company) includes employer-borne costs you never receive as cash — the employer PF contribution (₹21,600/yr) and the gratuity provision (₹48,077/yr). Removing these gives a gross salary of ₹1,60,860/month. After employee PF, professional tax and income tax, your net in-hand salary is ₹1,44,035/month — roughly 90% of gross.
How much professional tax is deducted at ₹20 LPA CTC?▾
Professional tax here is taken as ₹200/month (₹2,400/year), the common figure in states such as Maharashtra and Karnataka. It is a state-government levy capped at ₹2,500 per year nationwide, so it does not scale up with a higher CTC. States like Delhi, Haryana and Uttar Pradesh levy no professional tax at all, which would raise your in-hand slightly.
Am I eligible for gratuity at ₹20 LPA CTC?▾
At ₹20 LPA CTC, about ₹48,077/year (≈4.81% of basic) is set aside as a gratuity provision within your CTC. However, gratuity is only payable after 5 years of continuous service with the same employer. It is calculated as (Basic + DA) × 15 × years of service ÷ 26, and is tax-free up to ₹20,00,000. If you leave before 5 years, this amount is generally not paid out.
How can I increase my take-home from ₹20 LPA CTC?▾
The biggest lever is choosing the right tax regime — at ₹20 LPA CTC the new regime is currently better by about ₹17,189/month. Under the old regime, claiming HRA, 80C, 80D and home-loan interest lowers tax; under the new regime the low, wide slabs do the work instead. Remember the ₹1,800/month employee PF is not a loss — it is your own savings, matched by an equal employer contribution.