Take-home pay 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
New tax regime, with income tax (TDS) spread evenly across 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 typically ₹200 monthly (₹300 in one month in some states), and some states do not charge it.
How the salary structure affects it
The same ₹45 lakh CTC can be divided in different ways. See your offer letter to know which applies to you.
| 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?
The new regime gives you more in hand unless your deductions beyond PF and the standard deduction (like 80C investments, health insurance, HRA, home loan interest) total over about ₹6,48,000 yearly. Over that amount, the old regime might benefit you more.