3 LPA in-hand pay (FY 2026-27)
A CTC of ₹3 lakh a year works out to about ₹22,400 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹22,400
New regime · ₹2,68,800 a year
- Old regime
- ₹22,400 a month
- Income tax (new)
- ₹0 a year
- Gross pay
- ₹23,800 a month
- Your PF
- ₹1,200 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 | ₹3,00,000 | ₹3,00,000 |
| Employer PF | −₹14,400 | −₹14,400 |
| Gross salary | ₹2,85,600 | ₹2,85,600 |
| Your PF | −₹14,400 | −₹14,400 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹2,10,600 | ₹2,18,800 |
| Income tax with cess | −₹0 | −₹0 |
| In hand a year | ₹2,68,800 | ₹2,68,800 |
| In hand a month | ₹22,400 | ₹22,400 |
A month's payslip at 3 LPA
This uses the new tax regime, with TDS spread out equally over the year.
| Gross pay | ₹23,800 |
|---|---|
| Your PF | −₹1,200 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹0 |
| Credited to your bank | ₹22,400 |
Professional tax is often ₹200 each month (₹300 in one month in certain states), though some states do not charge it.
How changing the salary structure affects it
The same ₹3 lakh CTC can be divided in different ways. Look at your offer letter to see which one you have.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹22,400 |
| Basic pay 50% of CTC | New | ₹21,800 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹22,400 |
| Employer PF paid on top of the CTC | New | ₹23,600 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹21,919 |
| No PF deducted | New | ₹24,800 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹22,400 |
Old or new tax regime?
With the new regime, you pay no income tax on this salary, so you get at least as much as with the old regime, regardless of your deductions.
In-hand salary near 3 LPA
Jobs paying around ₹24,000 a month
57 open jobs on Careerwood Jobs advertise a pay range that reaches within 15% of this monthly gross pay.
- Junior Financial Consultant Remote · ₹20,000–30,000 a month
- Junior Data Scientist Mumbai · ₹25,000–40,000 a month
- Software Tester Remote · ₹20,000–30,000 a month
- Junior Sales Analyst Mumbai · ₹25,000–40,000 a month
- Junior Software Developer Internship Mumbai · ₹15,000–25,000 a month
- Junior Marketing Analyst Remote · ₹15,000–25,000 a month