In-hand salary for ₹40 LPA (₹40 lakh CTC)
What a ₹40 lakh annual package actually pays into your bank each month — the full CTC-to-take-home breakdown, and old vs new tax regime.
A ₹40 LPA CTC works out to about ₹2,28,208/month in hand (₹27.38L/year) under the new regime — roughly 68% of CTC after PF, professional tax and income tax. Here the new regime wins, by about ₹2.03L/year. An estimate on standard assumptions, not a payslip.
₹40 lakh CTC to in-hand salary
Where every rupee of your package goes, per year (new regime).
| Cost to company (CTC) | ₹40,00,000 | ₹3,33,333/mo |
| − Employer's PF contribution | − ₹2,40,000 | |
| − Gratuity provision (4.81% of basic) | − ₹96,200 | |
| = Gross salary | ₹36,63,800 | ₹3,05,317/mo |
| − Your PF (12% of basic) | − ₹2,40,000 | |
| − Professional tax | − ₹2,400 | |
| − Income tax (new regime) | − ₹6,82,906 | |
| = In-hand salary | ₹27,38,494 | ₹2,28,208/mo |
Assumes basic = 50% of CTC, PF at 12% of basic (both sides), gratuity provision 4.81% of basic, professional tax ₹2,400/year. An estimate, not a final payslip.
Old vs new regime on ₹40 LPA
New regime
more in hand₹2,28,208/month
₹27.38L/year · ₹6,82,906 income tax
Old regime
₹2,11,308/month
₹25.36L/year · ₹8,85,706 income tax
In-hand salary at other CTCs
₹3 LPA
₹21,199/mo
in hand
₹4 LPA
₹28,332/mo
in hand
₹5 LPA
₹35,465/mo
in hand
₹6 LPA
₹42,598/mo
in hand
₹7 LPA
₹49,730/mo
in hand
₹8 LPA
₹56,863/mo
in hand
₹10 LPA
₹71,129/mo
in hand
₹12 LPA
₹85,395/mo
in hand
₹15 LPA
₹1,00,308/mo
in hand
₹18 LPA
₹1,18,134/mo
in hand
₹20 LPA
₹1,29,339/mo
in hand
₹25 LPA
₹1,56,134/mo
in hand
₹30 LPA
₹1,80,693/mo
in hand
₹50 LPA
₹2,75,722/mo
in hand
Frequently asked questions
A ₹40 lakh CTC leaves about ₹2,28,208 per month — ₹27.38L a year — in hand under the new tax regime, which is roughly 68% of CTC. The gap between CTC and take-home is your employer's PF and gratuity (which never reach your bank), plus your own PF, professional tax and income tax.
On this package the new regime is better: it leaves about ₹2,28,208/month versus ₹2,11,308/month on the other — a difference of about ₹2.03L a year. The old regime here assumes ₹1.50L of deductions (80C etc.); if you can claim more, the old regime improves.
CTC includes money that is never paid to you as salary: the employer's 12% PF contribution and a gratuity provision (~4.81% of basic). After removing those you get gross salary, and from gross your own 12% PF, professional tax and income tax are deducted. What remains is the in-hand figure above.
They are a close estimate on standard assumptions — basic at 50% of CTC, PF at 12% of basic on both sides, professional tax of ₹2,400/year, and (for the old regime) ₹1.50L of deductions. Your actual structure, city, PF opt-outs and declarations will shift it. Use the salary calculator to enter your real numbers.