₹20 lakh CTC salary breakup
A typical structure for a ₹20 lakh CTC (₹20,00,000 a year) in the new regime. The new regime gives the higher take-home pay with no extra deductions.
| Component | Monthly | Yearly |
|---|---|---|
| Basic salary | ₹83,333 | ₹10,00,000 |
| House rent allowance | ₹41,667 | ₹5,00,000 |
| Special allowance | ₹35,858 | ₹4,30,300 |
| Gross salary | ₹1,60,858 | ₹19,30,300 |
| Employer PF | ₹1,800 | ₹21,600 |
| Gratuity | ₹4,008 | ₹48,100 |
| Your PF | − ₹1,800 | − ₹21,600 |
| Professional tax | − ₹208 | − ₹2,500 |
| Income tax (new regime) | − ₹14,825 | − ₹1,77,902 |
In-hand salary: ₹1,44,025 a month (₹17,28,298 a year).
How basic pay changes your in-hand salary
A higher basic raises gratuity and, if PF is on full basic, PF. With PF on the ₹15,000 ceiling:
| Basic salary | Monthly in-hand | Monthly PF (total) |
|---|---|---|
| 40% of CTC | ₹1,44,660 | ₹3,600 |
| 50% of CTC | ₹1,44,025 | ₹3,600 |
| 60% of CTC | ₹1,43,390 | ₹3,600 |
Compared with nearby CTCs
Frequently asked questions
What is the in-hand salary for a ₹20 lakh CTC?
About ₹1,44,025 a month in the new tax regime for FY 2026-27, assuming basic pay at 50% of CTC, PF on the ₹15,000 wage ceiling, gratuity included in the CTC and ₹2,500 professional tax. In the old regime with no deductions beyond PF it is about ₹1,26,839.
How much income tax is deducted on a ₹20 lakh CTC?
About ₹1,77,902 a year (₹14,825 a month as TDS) in the new regime, and about ₹3,84,134 in the old regime with no deductions beyond PF.
How much PF is deducted on a ₹20 lakh CTC?
With PF on the ₹15,000 wage ceiling, you and your employer each contribute ₹1,800 a month. If your employer calculates PF on your full basic, each side becomes ₹10,000 a month and your in-hand pay falls by the difference.
How can I take home more on a ₹20 lakh CTC?
Ask whether PF can be on the wage ceiling, add employer NPS contributions (tax-free in both regimes up to a limit), and, if you pay rent and invest under 80C, compare the old regime, which allows HRA exemption.