In-hand Salary for 45 LPA (FY 2026-27)
A CTC of ₹45 lakh a year works out to about ₹2,65,766 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹2,65,766
New regime · ₹31,89,192 a year
- Old regime
- ₹2,48,928 a month
- Income tax (new)
- ₹8,76,408 a year
- Gross pay
- ₹3,57,000 a month
- Your PF
- ₹18,000 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 | ₹45,00,000 | ₹45,00,000 |
| Employer PF | −₹2,16,000 | −₹2,16,000 |
| Gross salary | ₹42,84,000 | ₹42,84,000 |
| Your PF | −₹2,16,000 | −₹2,16,000 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹42,09,000 | ₹40,81,600 |
| Income tax with cess | −₹8,76,408 | −₹10,78,459 |
| In hand a year | ₹31,89,192 | ₹29,87,141 |
| In hand a month | ₹2,65,766 | ₹2,48,928 |
A month's payslip at 45 LPA
Under the new tax regime, income tax (TDS) is evenly spread throughout the year.
| Gross pay | ₹3,57,000 |
|---|---|
| Your PF | −₹18,000 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹73,034 |
| Credited to your bank | ₹2,65,766 |
Professional tax is generally ₹200 each month (₹300 for one month in some states), while some states do not charge it at all.
How changes in salary structure affect it
The same ₹45 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 | ₹2,65,766 |
| Basic pay 50% of CTC | New | ₹2,58,170 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹2,93,112 |
| Employer PF paid on top of the CTC | New | ₹2,78,150 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹2,60,802 |
| No PF deducted | New | ₹2,96,150 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹2,49,578 |
Old or new tax regime?
With the new regime, you keep more unless your deductions above PF and the standard deduction (like 80C investments, health insurance, HRA, home-loan interest) total over about ₹6,48,000 yearly. If they do, the old regime gives you more.