2 LPA In-Hand Salary (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
Under the new tax regime, income tax (TDS) is divided evenly across 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 usually ₹200 per month, except in some states where it’s ₹300 for one month, and some states don't charge it at all.
How changes in salary structure affect it
The ₹2 lakh CTC can be split in different ways. Look at your offer letter to see which applies 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?
With this salary, the new regime doesn't charge income tax, so you get at least as much take-home pay as with the old regime, regardless of deductions.
In-hand salary near 2 LPA
Jobs paying around ₹16,000 a month
113 open jobs on IT & Tech Jobs advertise a pay range that reaches within 15% of this monthly gross pay.
- Junior Software Developer Remote · ₹15,000–25,000 a month
- Graphic Designer Remote · ₹10,000–20,000 a month
- Graphic Designer Intern Kota · ₹10,000–15,000 a month
- Data Analyst Intern Remote · ₹15,000–20,000 a month
- Graphic Design Intern Chennai · ₹10,000–15,000 a month
- Junior Software Developer Remote · ₹15,000–25,000 a month