35 LPA in-hand pay (FY 2026-27)
A CTC of ₹35 lakh a year works out to about ₹2,15,185 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹2,15,185
New regime · ₹25,82,216 a year
- Old regime
- ₹1,98,347 a month
- Income tax (new)
- ₹5,79,384 a year
- Gross pay
- ₹2,77,667 a month
- Your PF
- ₹14,000 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 | ₹35,00,000 | ₹35,00,000 |
| Employer PF | −₹1,68,000 | −₹1,68,000 |
| Gross salary | ₹33,32,000 | ₹33,32,000 |
| Your PF | −₹1,68,000 | −₹1,68,000 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹32,57,000 | ₹31,29,600 |
| Income tax with cess | −₹5,79,384 | −₹7,81,435 |
| In hand a year | ₹25,82,216 | ₹23,80,165 |
| In hand a month | ₹2,15,185 | ₹1,98,347 |
A month's payslip at 35 LPA
The new tax regime spreads income tax (TDS) out evenly throughout the year.
| Gross pay | ₹2,77,667 |
|---|---|
| Your PF | −₹14,000 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹48,282 |
| Credited to your bank | ₹2,15,185 |
Professional tax is mostly ₹200 per month (₹300 in a month in some states), and there are states that don't charge it.
How changes in the pay structure affect it
The ₹35 lakh CTC can be divided in different ways. Look at your offer letter to see which one fits.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹2,15,185 |
| Basic pay 50% of CTC | New | ₹2,09,277 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹2,35,778 |
| Employer PF paid on top of the CTC | New | ₹2,24,817 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹2,11,324 |
| No PF deducted | New | ₹2,38,817 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹1,98,997 |
Old or new tax regime?
The new tax regime gives you more unless your deductions besides PF and the standard deduction (80C investments, health insurance, HRA, home-loan interest) are over about ₹6,48,000 a year. If they are, the old regime offers you more.