17 LPA in hand salary
A CTC of ₹17,00,000 gives approximately ₹1,18,203 per month in hand under the FY 2026-27 new tax regime — ₹14,18,430 for the year after income tax of ₹1,15,970, employee EPF of ₹81,600 and professional tax of ₹2,400.
Assumes basic = 40% of CTC, employer PF inside CTC, no gratuity in CTC, ₹2,400/year professional tax. Change any of these below to match your offer letter. FY 2026-27 rules, verified 3 Sep 2026 — see the methodology.
17 LPA at a glance
| FY 2026-27 | New regime | Old regime |
|---|---|---|
| Monthly in hand | ₹1,18,203 | ₹1,03,401 |
| Annual in hand | ₹14,18,430 | ₹12,40,808 |
| Income tax for the year | ₹1,15,970 | ₹2,93,592 |
| Effective tax rate on gross | 7.5% | 18.7% |
| Gross salary | ₹16,18,400 | |
| Employee EPF (12% of basic) | ₹81,600 a year, ₹6,800 a month | |
Rent and HRANo rent declared
Deductions (old regime)₹2,02,400 allowed
Tax and profilePT ₹2,400/yr · age 30
- Gross/month
- ₹1,34,867
- Income tax/month
- ₹9,664
- EPF + PT/month
- ₹7,000
- Effective tax
- 7.5%
What this salary means
Computed from your numbers, nothing sent anywhere- New regime saves₹1,30,822/yrOld regime tax would be ₹2,46,792 even after ₹2,02,400 of deductions.Open calculator
- HRA unused₹2,72,000You receive HRA but declared no rent. Add your rent to see the old regime exemption.Open calculator
- EPF corpus at 60₹3,20,49,087Your 12% and the employer share compounding at 8.25% with 5% annual raises, starting from age 30.Open calculator
- Home loan you can carry₹54,48,252An EMI of ₹47,281 (40% of in hand) at 8.5% over 20 years.
- Gratuity after 5 years₹1,63,46215 days of basic for every year served, tax free up to ₹20 lakh. Paid on top of CTC when you leave.Open calculator
- Among tax filerstop 5%Gross salary of ₹16,18,400 sits above 95% of income tax returns filed in India.
- In hand₹1,18,20383.4%
- Income tax₹9,6646.8%
- Employee PF₹6,8004.8%
- Professional tax₹2000.1%
- Employer PF₹6,8004.8%
- New regime₹1,18,203/month
- Old regime₹1,07,301/month
At 17 L ctc (your figure)
| Component | Per month |
|---|---|
| Cost to company | ₹1,41,667 |
| Basic | ₹56,667 |
| House rent allowance | ₹22,667 |
| Employer EPF, retained for you | − ₹6,800 |
| Gross salary | ₹1,34,867 |
| Income tax, cess and surcharge | − ₹9,664 |
| Employee EPF | − ₹6,800 |
| Professional tax | − ₹200 |
| Total in hand | ₹1,18,203 |
| Gross salary | ₹1,34,867 |
| Standard deduction | − ₹6,250 |
| Taxable income | ₹1,28,617 |
| Income tax + cess | − ₹9,664 |
| Employee PF | − ₹6,800 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹1,18,203 |
| Gross salary | ₹1,34,867 |
| Standard deduction | − ₹4,167 |
| Section 80C | − ₹12,500 |
| Professional tax 16(iii) | − ₹200 |
| Taxable income | ₹1,18,000 |
| Income tax + cess | − ₹20,566 |
| Employee PF | − ₹6,800 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹1,07,301 |
Where the tax comes from
Taxable income is ₹15,43,400, which reaches the 15% slab. Every extra rupee is taxed at 15.6% including cess, while the effective rate on gross is 7.5%.
When the old regime wins
You would need at least ₹5,71,000 of old-regime deductions a year — 80C, HRA exemption, home loan interest, 80D combined — before the old regime pays more than the new. Below that, the new regime saves ₹1,77,622 a year.
Hike to the next rung
Reaching 18 LPA is a 5.9% hike and adds ₹6,128 a month in hand. Dropping to 16 LPA costs ₹6,296 a month. Check any percentage on the hike calculator.
17 LPA is taxed at 15% at the margin
Taxable income of ₹15,43,400 reaches the 15% slab, so each extra rupee loses 15.6% to tax and cess. Of the next ₹1 lakh of CTC you keep ₹73,541. The next step, where the 20% slab starts, comes at a CTC of about ₹17,60,000.
Employer NPS at 14% of basic (₹95,200 a year) saves ₹29,702 a year in tax. Because the contribution comes out of your CTC, monthly in hand changes by −₹5,459 a month, but the money lands in your retirement account instead of the tax department.
| Lever at 17 LPA | Effect |
|---|---|
| Next ₹1 lakh of CTC | ₹73,541 a year in hand |
| Basic at 50% instead of 40% | −₹3,135 a month in hand, the difference goes to EPF |
| Employer NPS at 14% of basic | ₹29,702 less tax a year, −₹5,459 a month in hand |
17 LPA in hand by state
Professional tax is a state levy, so the monthly figure moves by a few hundred rupees with your work location. Full table on the professional tax by state page.
| Work state | Professional tax | Monthly in hand |
|---|---|---|
| Karnataka | ₹2,400 a year | ₹1,18,203 |
| Maharashtra | ₹2,500 a year | ₹1,18,194 |
| Telangana | ₹2,400 a year | ₹1,18,203 |
| Tamil Nadu | ₹2,500 a year | ₹1,18,194 |
| West Bengal | ₹2,400 a year | ₹1,18,203 |
| Gujarat | ₹2,400 a year | ₹1,18,203 |
| Delhi, Haryana, UP (no PT) | None | ₹1,18,403 |
Nearby CTCs
Every CTC from 3 to 100 LPA on one page: the in hand salary table.
Convert CTC to monthly take home for FY 2026-27 after income tax, EPF and professional tax, with the new and old regime compared side by side.