How ₹6 LPA becomes ₹44,030 a month
- Start with an annual CTC of ₹6,00,000.
- Remove employer PF (₹28,800) and gratuity (₹11,544), which are not paid as cash: gross salary is ₹5,59,656.
- Subtract your own PF (₹28,800) and professional tax (₹2,500).
- Subtract income tax: ₹0 under the new regime.
- What is left, ₹5,28,356 a year, is about ₹44,030 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 ₹5 LPA to ₹6 LPA adds about ₹7,373 a month in-hand.
- From ₹6 LPA to ₹7 LPA adds about ₹7,373 a month in-hand.
Frequently asked questions
What is the in-hand salary for ₹6 LPA?
On a ₹6 lakh CTC, your monthly in-hand salary is about ₹44,030 under the new regime (₹44,030 new vs ₹44,030 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 ₹6 LPA?
Nothing under the new regime: taxable income of ₹4,84,656 is within the ₹12 lakh rebate limit. Under the old regime with no deductions, tax would be ₹0.
Which tax regime is better at ₹6 LPA?
The new regime is better unless you can claim about ₹9,656 or more in old-regime deductions (HRA, 80C, 80D, home-loan interest and similar) on top of the standard deduction.