In-Hand Salary for 4.5 LPA in FY 2026-27
A CTC of ₹4.5 lakh a year works out to about ₹33,700 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹33,700
New regime · ₹4,04,400 a year
- Old regime
- ₹33,700 a month
- Income tax (new)
- ₹0 a year
- Gross pay
- ₹35,700 a month
- Your PF
- ₹1,800 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 | ₹4,50,000 | ₹4,50,000 |
| Employer PF | −₹21,600 | −₹21,600 |
| Gross salary | ₹4,28,400 | ₹4,28,400 |
| Your PF | −₹21,600 | −₹21,600 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹3,53,400 | ₹3,54,400 |
| Income tax with cess | −₹0 | −₹0 |
| In hand a year | ₹4,04,400 | ₹4,04,400 |
| In hand a month | ₹33,700 | ₹33,700 |
A month's payslip at 4.5 LPA
Under the new tax regime, income tax (TDS) is spread evenly throughout the year.
| Gross pay | ₹35,700 |
|---|---|
| Your PF | −₹1,800 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹0 |
| Credited to your bank | ₹33,700 |
Professional tax is typically ₹200 monthly (₹300 in one month in certain states), and some states do not charge it.
How changes in salary structure affect it
The same ₹4.5 lakh CTC can be divided differently. Look at your offer letter to see which applies.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹33,700 |
| Basic pay 50% of CTC | New | ₹32,800 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹33,700 |
| Employer PF paid on top of the CTC | New | ₹35,500 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹32,979 |
| No PF deducted | New | ₹37,300 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹33,700 |
Old or new tax regime?
With this salary, the new regime leaves at least as much as the old one, regardless of deductions, as it charges no income tax.
In-hand salary near 4.5 LPA
Jobs paying around ₹35,500 a month
95 open jobs on Careerwood Jobs advertise a pay range that reaches within 15% of this monthly gross pay.
- Junior Data Scientist Mumbai · ₹25,000–40,000 a month
- Junior Sales Analyst Mumbai · ₹25,000–40,000 a month
- Account Executive Bengaluru · ₹40,000–70,000 a month
- Business Development Executive Bengaluru · ₹30,000–50,000 a month
- Sales Operations Coordinator Mumbai · ₹40,000–70,000 a month
- Healthcare Quality Data Analyst Remote · ₹30,000–50,000 a month
Frequently Asked Questions
What is the in-hand salary for a 4.5 LPA package?
For FY 2026-27, under the new tax regime, it's about ₹33,700 a month (₹4,04,400 a year) when basic pay is 40% of CTC, with a 12% PF of basic from you and your employer included in CTC, and paying ₹2,400 a year in professional tax. In the old regime, without any other deductions, it also comes to ₹33,700 monthly.
How much is the income tax on a 4.5 LPA salary?
In the new regime, it's ₹0 annually as the taxable income is ₹3,53,400 after the standard deduction of ₹75,000. No tax is due because the taxable income stays within the ₹12 lakh limit for the Section 87A rebate. It is also ₹0 under the old regime before considering other deductions.
What is the 4.5 LPA monthly salary before deductions?
Dividing the CTC by 12 gives ₹37,500. The gross monthly salary is ₹35,700, as the employer's ₹1,800 PF contribution per month is part of CTC, going to the PF account instead of salary.
Is the old or new tax regime better for 4.5 LPA?
The new regime results in no income tax for this salary, ensuring it leaves you at least as much as the old regime, regardless of any deductions.
What is the PF deduction on a 4.5 LPA salary?
₹1,800 monthly: 12% of a ₹15,000 monthly basic salary, matched by the employer. If the employer limits PF to ₹15,000 wage ceiling, the deduction is ₹1,800 per month, raising in-hand pay to about ₹33,700 monthly.
In-hand salary for other CTCs
2 LPA
2.5 LPA
3 LPA
3.5 LPA
4 LPA
4.5 LPA
5 LPA
5.5 LPA
6 LPA
6.5 LPA
7 LPA
7.5 LPA
8 LPA
8.5 LPA
9 LPA
9.5 LPA
10 LPA
10.5 LPA
11 LPA
11.5 LPA
12 LPA
12.5 LPA
12.75 LPA
13 LPA
14 LPA
15 LPA
16 LPA
17 LPA
18 LPA
19 LPA
20 LPA
21 LPA
22 LPA
23 LPA
24 LPA
25 LPA
26 LPA
27 LPA
28 LPA
30 LPA
32 LPA
35 LPA
40 LPA
45 LPA
50 LPA
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