4 LPA in-hand salary details for FY 2026-27
A CTC of ₹4 lakh a year works out to about ₹29,933 a month in hand under the new tax regime, after PF, professional tax and income tax.
Monthly in-hand salary
₹29,933
New regime · ₹3,59,200 a year
- Old regime
- ₹29,933 a month
- Income tax (new)
- ₹0 a year
- Gross pay
- ₹31,733 a month
- Your PF
- ₹1,600 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 | ₹4,00,000 | ₹4,00,000 |
| Employer PF | −₹19,200 | −₹19,200 |
| Gross salary | ₹3,80,800 | ₹3,80,800 |
| Your PF | −₹19,200 | −₹19,200 |
| Professional tax | −₹2,400 | −₹2,400 |
| Taxable income | ₹3,05,800 | ₹3,09,200 |
| Income tax with cess | −₹0 | −₹0 |
| In hand a year | ₹3,59,200 | ₹3,59,200 |
| In hand a month | ₹29,933 | ₹29,933 |
A month's payslip at 4 LPA
Income tax (TDS) under the new tax regime is spread evenly throughout the year.
| Gross pay | ₹31,733 |
|---|---|
| Your PF | −₹1,600 |
| Professional tax | −₹200 |
| Income tax (TDS) | −₹0 |
| Credited to your bank | ₹29,933 |
Professional tax is often ₹200 each month, though it can be ₹300 in one month in some states, while others may not charge it at all.
How changes in salary structure can affect it
The same ₹4 lakh CTC can be divided in different ways. Look at your offer letter to see which structure applies to you.
| Structure | Regime | In hand a month |
|---|---|---|
| Basic pay 40% of CTC, PF on full basic (the figures above) | New | ₹29,933 |
| Basic pay 50% of CTC | New | ₹29,133 |
| PF capped at ₹1,800 a month (₹15,000 wage ceiling) | New | ₹29,933 |
| Employer PF paid on top of the CTC | New | ₹31,533 |
| Gratuity (4.81% of basic) included in the CTC | New | ₹29,292 |
| No PF deducted | New | ₹33,133 |
| ₹1.5 lakh of 80C (PF included) and ₹25,000 of health insurance (80D) | Old | ₹29,933 |
Old or new tax regime?
With this salary level, the new tax regime doesn't charge income tax, ensuring you receive at least as much as the old regime, no matter your deductions.
In-hand salary near 4 LPA
Jobs paying around ₹31,500 a month
31 open jobs on Daily Hirer advertise a pay range that reaches within 15% of this monthly gross pay.
- Banking Associate Chandigarh · ₹20,000–35,000 a month
- Banking Associate Thane · ₹30,000–50,000 a month
- Customer Service Executive Bhubaneswar · ₹20,000–30,000 a month
- Sales Executive Visakhapatnam · ₹20,000–40,000 a month
- Junior Financial Analyst Ahmednagar · ₹25,000–35,000 a month
- Content Writer Remote · ₹35,000–50,000 a month