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20 LPA in hand salary per month

On a 20 LPA CTC, your monthly in-hand salary is about ₹1,47,208 under the new tax regime and ₹1,32,941 under the old regime, assuming 50% basic and employer PF included in the CTC.

20 LPA

In hand: ₹1,47,208 a month

Tax regimeFY 2026-27

₹200 a month professional tax

Salary structureBasic 50% · Employer PF in CTC · Variable 0%
50%

Most companies keep it between 40% and 50%.

Employer PF included in CTC
0%

Bonus or incentive that depends on performance.

Monthly in-hand salary

₹1,47,208

₹17,66,493 a year in hand · New regime

How your ₹20,00,000 CTC splits

  • In-hand88.3%
  • PF2.2%
  • Income tax9.4%
  • Other · professional tax0.1%
Salary breakdown, monthly and yearly
ComponentMonthlyYearly
Basic₹83,333₹10,00,000
HRA₹33,333₹4,00,000
Special allowance₹48,200₹5,78,400
Variable pay—₹0
Gross salary₹1,64,867₹19,78,400
Employee PF−₹1,800−₹21,600
Professional tax−₹200−₹2,400
Income tax−₹15,659−₹1,87,907
In-hand₹1,47,208₹17,66,493
Employer PF (in your CTC)₹1,800₹21,600

Estimates only. Your HR's salary structure may differ.

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New vs old regime on 20 LPA

Tax regimeMonthly in-handYearly in-hand
New regime₹1,47,208₹17,66,493
Old regime₹1,32,941₹15,95,288

The old regime here assumes you claim the full ₹1.5 lakh under 80C (your PF counts towards it) and pay no rent. Add your HRA, rent and investments in the calculator above for your exact figure.

Is 20 LPA a good salary?

20 LPA sits in the mid-level band, common at product companies and good startups for engineers and specialists with a few years behind them. At this level a big part of the package is often variable pay or stock, so the fixed salary matters most. Compare offers on in-hand, not the CTC headline.

Open the full CTC to in-hand calculator