In-hand salary from 22 LPA (FY 2026-27)
A CTC of ₹22 lakh a year works out to about ₹1,47,780 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹1,47,780
New regime · ₹17,73,356 a year
- Old regime
- ₹1,31,437 a month
- Income tax (new)
- ₹2,13,044 a year
- Gross pay
- ₹1,74,533 a month
- Your PF
- ₹8,800 a month
Assumes basic pay of 40% of CTC, PF of 12% of basic from you and your employer inside the CTC, ₹2,400 a year of professional tax, no other income and no deductions beyond PF. For a salaried person under 60.
Breakdown for a year
| Per year | New regime | Old regime |
|---|---|---|
| CTC | ₹22,00,000 | ₹22,00,000 |
| Employer PF | −₹1,05,600 | −₹1,05,600 |
| Gross salary | ₹20,94,400 | ₹20,94,400 |
| Your PF | −₹1,05,600 | −₹1,05,600 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹20,19,400 | ₹19,36,400 |
| Income tax with cess | −₹2,13,044 | −₹4,09,157 |
| In hand a year | ₹17,73,356 | ₹15,77,243 |
| In hand a month | ₹1,47,780 | ₹1,31,437 |
A month's payslip at 22 LPA
Under the new tax regime, income tax (TDS) is spread evenly throughout the year.
| Gross pay | ₹1,74,533 |
|---|---|
| Your PF | −₹8,800 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹17,754 |
| Credited to your bank | ₹1,47,780 |
Professional tax is usually ₹200 monthly (₹300 in one month in some states), and some states don't charge it.
Effects of changing the salary structure
₹22 lakh CTC split up differently. See your offer letter to find yours.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹1,47,780 |
| Basic pay 50% of CTC | New | ₹1,43,921 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹1,59,960 |
| Employer PF paid on top of the CTC | New | ₹1,54,292 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹1,45,070 |
| No PF deducted | New | ₹1,63,092 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹1,33,241 |
Old or new tax regime?
The new regime leaves you with more unless your deductions beyond PF and the standard deduction (80C investments, health insurance, HRA, home-loan interest) total over about ₹6,29,000 a year. Above that, the old regime is better.