Tax year: FY 2026-27 · Last updated: 3 Nov 2026
Short answer
A ₹20 lakh CTC is about ₹1,44,660 a month in hand under the new regime (87% of CTC), or ₹1,27,390 under the old regime with no deductions.
₹20 lakh CTC: the short answer
On a ₹20 lakh CTC, your gross salary is about ₹1,61,660 a month. After employee PF and professional tax, and income tax under the new regime, you take home about ₹1,44,660 a month, which is 87% of your CTC.
Who earns this and what to expect
₹20 lakh is a package for senior engineers, managers and specialists, and often includes a meaningful variable component.
Tax at ₹20 lakh
At this level the new regime reaches the 20% slab and takes a larger share of each extra rupee. The old regime only wins with heavy deductions such as a home loan, full 80C, health insurance and NPS together.
With no deductions entered, the new regime leaves about ₹17,269 more in hand each month.
- ₹1,44,660
- New regime, in hand a month
- ₹1,27,390
- Old regime, in hand a month
- ₹1,79,903
- Tax + cess a year (new)
Full breakdown
- ₹1,61,660
- Gross a month
- ₹14,992
- Tax + cess a month (new)
- ₹1,44,660
- In-hand a month (new)
| Item | Monthly | Yearly |
|---|---|---|
| Basic (40% of CTC) | ₹66,667 | ₹8,00,000 |
| HRA (50% of basic, metro) | ₹33,333 | ₹4,00,000 |
| Special allowance | ₹61,660 | ₹7,39,920 |
| Gross salary | ₹1,61,660 | ₹19,39,920 |
| Employee PF | ₹1,800 | ₹21,600 |
| Professional tax (Maharashtra) | ₹208 | ₹2,500 |
| Income tax + cess, new regime | ₹14,992 | ₹1,79,903 |
| In-hand, new regime | ₹1,44,660 | ₹17,35,917 |
| Income tax + cess, old regime (no deductions) | ₹32,261 | ₹3,87,136 |
| In-hand, old regime (no deductions) | ₹1,27,390 | ₹15,28,684 |
How this compares with nearby salaries
Of every ₹100 of CTC, about ₹87 reaches you in the new regime. The rest goes to employer contributions, PF, professional tax and income tax.
A tip for this salary level
If part of your CTC is variable, check when it is paid. Tax is deducted when the payout arrives, so your monthly in-hand in that month will look much lower than the average shown here.
Other salary levels
Frequently asked questions
What is the in-hand salary for ₹20 lakh CTC per month?
Under the new tax regime with default assumptions (basic 40% of CTC, PF capped at ₹15,000 of wages, gratuity included, Maharashtra professional tax) the monthly in-hand salary for a ₹20 lakh CTC is about ₹1,44,660. Under the old regime with no deductions it is about ₹1,27,390.
How much income tax do I pay on ₹20 lakh CTC?
Under the new regime the estimated income tax including cess is about ₹1,79,903 a year (₹14,992 a month). Under the old regime with no deductions it is about ₹3,87,136 a year.
What is the gross salary for ₹20 lakh CTC?
Gross salary is CTC minus employer PF (₹21,600) and gratuity (₹38,480), which is ₹19,39,920 a year or ₹1,61,660 a month.
Will my in-hand salary change if my company has a different salary structure?
Yes. The figures use common default assumptions. Moving the basic percentage, PF basis, state or variable pay changes the result, so use the calculator above with your own numbers.
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Calculators
Estimates only. This calculator is not tax advice, and your employer's payslip is the final word. Read the full disclaimer.