In-Hand Salary for 28 LPA (FY 2026-27)
A CTC of ₹28 lakh a year works out to about ₹1,79,778 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹1,79,778
New regime · ₹21,57,333 a year
- Old regime
- ₹1,62,535 a month
- Income tax (new)
- ₹3,71,467 a year
- Gross pay
- ₹2,22,133 a month
- Your PF
- ₹11,200 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 | ₹28,00,000 | ₹28,00,000 |
| Employer PF | −₹1,34,400 | −₹1,34,400 |
| Gross salary | ₹26,65,600 | ₹26,65,600 |
| Your PF | −₹1,34,400 | −₹1,34,400 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹25,90,600 | ₹24,78,800 |
| Income tax with cess | −₹3,71,467 | −₹5,78,386 |
| In hand a year | ₹21,57,333 | ₹19,50,414 |
| In hand a month | ₹1,79,778 | ₹1,62,535 |
A month's payslip at 28 LPA
New tax regime, with TDS spread out evenly throughout the year.
| Gross pay | ₹2,22,133 |
|---|---|
| Your PF | −₹11,200 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹30,956 |
| Credited to your bank | ₹1,79,778 |
Professional tax is often ₹200 monthly (sometimes ₹300 in one month in certain states), but some states do not charge it.
How different salary structures affect your pay
The same CTC of ₹28 lakh can be divided in different ways. Look at your offer letter to see which one you have.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹1,79,778 |
| Basic pay 50% of CTC | New | ₹1,75,051 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹1,95,645 |
| Employer PF paid on top of the CTC | New | ₹1,87,483 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹1,76,689 |
| No PF deducted | New | ₹1,98,683 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹1,63,590 |
Old or new tax regime?
You'll usually get more with the new regime unless your deductions over PF and the standard deduction (like 80C investments, health insurance, HRA, home-loan interest) are more than about ₹6,64,000 a year. If they are, the old regime might give you more.