2 LPA In-Hand Salary for FY 2026-27
A CTC of ₹2 lakh a year works out to about ₹14,867 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹14,867
New regime · ₹1,78,400 a year
- Old regime
- ₹14,867 a month
- Income tax (new)
- ₹0 a year
- Gross pay
- ₹15,867 a month
- Your PF
- ₹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 | ₹2,00,000 | ₹2,00,000 |
| Employer PF | −₹9,600 | −₹9,600 |
| Gross salary | ₹1,90,400 | ₹1,90,400 |
| Your PF | −₹9,600 | −₹9,600 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹1,15,400 | ₹1,28,400 |
| Income tax with cess | −₹0 | −₹0 |
| In hand a year | ₹1,78,400 | ₹1,78,400 |
| In hand a month | ₹14,867 | ₹14,867 |
A month's payslip at 2 LPA
The new tax regime applies, with income tax (TDS) distributed evenly throughout the year.
| Gross pay | ₹15,867 |
|---|---|
| Your PF | −₹800 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹0 |
| Credited to your bank | ₹14,867 |
Professional tax is typically ₹200 monthly (₹300 in one month in certain states), while some states do not impose any.
How different salary structures affect it
The same ₹2 lakh CTC can be divided in various ways. Refer to your offer letter to see which one is relevant to you.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹14,867 |
| Basic pay 50% of CTC | New | ₹14,467 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹14,867 |
| Employer PF paid on top of the CTC | New | ₹15,667 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹14,546 |
| No PF deducted | New | ₹16,467 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹14,867 |
Old or new tax regime?
Under the new regime, no income tax is charged at this salary level, ensuring you receive at least as much as under the old regime, regardless of deductions.
In-hand salary near 2 LPA
Jobs paying around ₹16,000 a month
16 open jobs on Careerwood Jobs advertise a pay range that reaches within 15% of this monthly gross pay.
- Junior Data Analyst Bengaluru · ₹15,000–20,000 a month
- Junior Software Developer Internship Mumbai · ₹15,000–25,000 a month
- Junior Marketing Analyst Remote · ₹15,000–25,000 a month
- Digital Marketing Coordinator Remote · ₹15,000–20,000 a month
- Junior Financial Analyst Mumbai · ₹15,000–25,000 a month
- Digital Marketing Associate Mumbai · ₹15,000–25,000 a month