Salary desk India · FY 2026–27

20 LPA in-hand salary: an explainable estimate

See an explainable FY 2026–27 estimate of monthly in-hand salary for a 20 LPA CTC, including PF, gratuity and income-tax assumptions.

Modeled result

₹1,44,869 a month, on average

Annual estimated take-home: ₹17,38,428. Regular-month bank credit: ₹1,44,869.

Annual CTC
₹20,00,000
Less employer costs
₹60,062
Cash gross
₹19,39,938
Less employee deductions
₹21,600
Less estimated income tax
₹1,79,910
Annual take-home
₹17,38,428

At 20 LPA, compare both annual take-home and the assumptions behind it. We model a resident salary-only taxpayer in the FY 2026–27 new regime, a 40% basic component, capped PF and gratuity in CTC. Your old-regime deductions, state professional tax, insurance, ESOPs and payroll timing may produce a different payslip without making either figure wrong.

What this estimate includes

  • ₹20,00,000 annual CTC with no variable pay.
  • Basic pay is 40% of fixed CTC; PF uses the statutory wage cap.
  • Gratuity is included in CTC; ESI is not modeled for this package.
  • FY 2026–27 new regime, resident salary-only taxpayer under age 60.
  • This static illustration excludes professional tax because no work state is attached.

Change these assumptions in the calculator for your actual basic pay, PF policy, state, variable pay and tax regime.

Check the source

Calculated from published tax and payroll rules

Read the calculation methodologyUnion Budget memorandum 2026EPFO employer guidance

Nearby packages

Compare a realistic range