In-hand salary · FY 2026-27
₹20,000 CTC in-hand salary: ₹16,391 a month
On a CTC of ₹2,40,000 a year (₹20,000 a month), you take home about ₹16,391 a month, or ₹1,96,688 a year, under the new tax regime. That's 82% of your monthly CTC.
Assumes Basic at 50% of CTC, HRA at 40% of Basic, PF at 12% of actual Basic and Karnataka professional tax. Change any of them in the calculator below.
In-hand a month
₹16,391
In-hand a year
₹1,96,688
Income tax a year
₹0
Your PF a month
₹1,200
What changes the number
₹20,000 a month, under the choices that actually move it.
| Scenario | In-hand a month | Difference |
|---|---|---|
| New regime (the figure above) | ₹16,391 | — |
| Old regime, no deductions beyond your own PF | ₹16,391 | Same |
- No income tax under the new regime: taxable income after the ₹75,000 standard deduction is ₹1,37,684, inside the Section 87A rebate's ₹12,00,000 limit.
- Both regimes give the same take-home here, because neither charges any income tax at this level.
- ESI applies: gross pay of ₹17,724 a month is within the ₹21,000 ceiling, so 0.75% (₹133 a month) is deducted, and you're covered for ESIC medical care.
- No professional tax in Karnataka below ₹25,000 gross a month, so none is deducted here.
Your offer letter is different?
Adjust it to your own salary structure.
Adjust the assumptions below.
₹1,96,688/year in-hand, on ₹2.40 L CTC.
Both regimes give you the same take-home at this CTC.
Where your CTC goes
- Basic pay
- ₹1,20,000 50%
- HRA
- ₹48,000 20%
- Special allowance (balancing)
- ₹44,684 19%
- Employer PF contribution
- ₹14,400 6%
- Gratuity provision
- ₹5,772 2%
- Employer ESI contribution
- ₹7,144 3%
Gross salary → net in-hand
- Employee PF contribution
- ₹14,400 7%
- Employee ESI contribution
- ₹1,595 1%
This is an estimate built on editable assumptions, not a payslip — see the full disclaimer below.
Nearby amounts
In-hand salary at other CTCs.
FAQ
₹20,000 a month salary, answered.
An estimate on the assumptions above for FY 2026-27, not your payslip and not tax advice. Your employer's salary structure, other income and deductions all change the real figure. Read the full disclaimer.