20 LPA salary breakdown
| Item | Per year | Per month |
|---|---|---|
| CTC | ₹20,00,000 | ₹1,66,667 |
| Employer PF (inside CTC, not paid to you) | − ₹1,20,000 | − ₹10,000 |
| Gratuity (inside CTC, paid later when you leave) | − ₹48,100 | − ₹4,008 |
| Gross salary | ₹18,31,900 | ₹1,52,658 |
| Your PF | − ₹1,20,000 | − ₹10,000 |
| Professional tax | − ₹2,400 | − ₹200 |
| Income tax and cess (FY 2026-27) | − ₹1,57,435 | − ₹13,120 |
| In-hand salary | ₹15,52,065 | ₹1,29,339 |
How your offer letter changes it
Companies split the same CTC differently. Monthly in-hand pay for 20 LPA under each change, with everything else at the defaults:
| Common defaults (above) | ₹1,29,339 |
| PF capped at ₹1,800 a month | ₹1,44,033 |
| Gratuity not part of CTC | ₹1,32,513 |
| Basic pay 40% of CTC (structure used before the Labour Codes) | ₹1,33,558 |
| 10% of CTC is yearly variable pay (regular monthly credit) | ₹1,12,672 |
Questions
What is the in-hand salary per month for 20 LPA?
About ₹1,29,339 a month in FY 2026-27 under the new regime, with basic pay at 50% of CTC, PF on full basic, gratuity inside CTC and ₹2,400 professional tax. Your offer's structure can move this up or down.
How much income tax is paid on 20 LPA?
About ₹1,57,435 a year including 4% cess, under the new regime with the ₹75,000 standard deduction.
How much PF is deducted from a 20 LPA salary?
With PF at 12% of a basic pay of 50% of CTC, your share is about ₹10,000 a month, and the employer adds the same amount inside your CTC. If PF is capped at the ₹15,000 wage ceiling, each share is ₹1,800 a month and in-hand pay is about ₹1,44,033.
What is 20 LPA in hand without PF?
If no PF is deducted at all, monthly in-hand pay rises to about ₹1,47,259. Companies covered by the EPF scheme usually deduct it, so check your offer letter.
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