How ₹30 LPA becomes ₹1,86,576 a month
- Start with an annual CTC of ₹30,00,000.
- Remove employer PF (₹1,44,000) and gratuity (₹57,720), which are not paid as cash: gross salary is ₹27,98,280.
- Subtract your own PF (₹1,44,000) and professional tax (₹2,500).
- Subtract income tax: ₹4,12,863 under the new regime.
- What is left, ₹22,38,917 a year, is about ₹1,86,576 a month.
These figures assume 40% basic salary, PF on the full basic, gratuity inside CTC, Karnataka professional tax (₹2,500 a year; other states differ), a metro city and no other deductions. Your payslip can differ if your employer structures pay differently.
What a raise would mean
- From ₹29 LPA to ₹30 LPA adds about ₹4,948 a month in-hand.
- From ₹30 LPA to ₹35 LPA adds about ₹24,739 a month in-hand.
Frequently asked questions
What is the in-hand salary for ₹30 LPA?
On a ₹30 lakh CTC, your monthly in-hand salary is about ₹1,86,576 under the new regime (₹1,86,576 new vs ₹1,69,585 old with no deductions claimed), assuming 40% basic, PF on full basic, and Karnataka professional tax (₹2,500 a year).
How much income tax is payable on ₹30 LPA?
About ₹4,12,863 a year under the new regime (taxable income ₹27,23,280) and ₹6,16,755 under the old regime with no deductions claimed, including 4% cess.
Which tax regime is better at ₹30 LPA?
The new regime is better unless you can claim about ₹8,00,000 or more in old-regime deductions (HRA, 80C, 80D, home-loan interest and similar) on top of the standard deduction.