4.5 LPA in hand salary
A CTC of ₹4,50,000 gives approximately ₹33,700 per month in hand under the FY 2026-27 new tax regime — ₹4,04,400 for the year after income tax of ₹0, employee EPF of ₹21,600 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.
4.5 LPA at a glance
| FY 2026-27 | New regime | Old regime |
|---|---|---|
| Monthly in hand | ₹33,700 | ₹33,700 |
| Annual in hand | ₹4,04,400 | ₹4,04,400 |
| Income tax for the year | ₹0 | ₹0 |
| Effective tax rate on gross | 0% | 0% |
| Gross salary | ₹4,28,400 | |
| Employee EPF (12% of basic) | ₹21,600 a year, ₹1,800 a month | |
Rent and HRANo rent declared
Deductions (old regime)₹2,02,400 allowed
Tax and profilePT ₹2,400/yr · age 30
- Gross/month
- ₹35,700
- Income tax/month
- ₹0
- EPF + PT/month
- ₹2,000
- Effective tax
- 0.0%
What this salary means
Computed from your numbers, nothing sent anywhere- Income tax₹0The 87A rebate wipes out tax on taxable income up to ₹12 lakh, so nothing goes to income tax this year.
- HRA unused₹72,000You receive HRA but declared no rent. Add your rent to see the old regime exemption.Open calculator
- EPF corpus at 60₹71,17,456Your 12% and the employer share compounding at 8.25% with 5% annual raises, starting from age 30.Open calculator
- Home loan you can carry₹15,53,312An EMI of ₹13,480 (40% of in hand) at 8.5% over 20 years.
- Gratuity after 5 years₹43,26915 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 44%Gross salary of ₹4,28,400 sits above 56% of income tax returns filed in India.
- In hand₹33,70089.9%
- Employee PF₹1,8004.8%
- Professional tax₹2000.5%
- Employer PF₹1,8004.8%
- New regime₹33,700/month
- Old regime₹33,700/month
At 4.5 L ctc (your figure)
| Component | Per month |
|---|---|
| Cost to company | ₹37,500 |
| Basic | ₹15,000 |
| House rent allowance | ₹6,000 |
| Employer EPF, retained for you | − ₹1,800 |
| Gross salary | ₹35,700 |
| Income tax, cess and surcharge | ₹-0 |
| Employee EPF | − ₹1,800 |
| Professional tax | − ₹200 |
| Total in hand | ₹33,700 |
| Gross salary | ₹35,700 |
| Standard deduction | − ₹6,250 |
| Taxable income | ₹29,450 |
| Income tax + cess | ₹-0 |
| Employee PF | − ₹1,800 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹33,700 |
| Gross salary | ₹35,700 |
| Standard deduction | − ₹4,167 |
| Section 80C | − ₹12,500 |
| Professional tax 16(iii) | − ₹200 |
| Taxable income | ₹18,833 |
| Income tax + cess | ₹-0 |
| Employee PF | − ₹1,800 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹33,700 |
Where the tax comes from
Taxable income is ₹3,53,400 after the ₹75,000 of deductions, which is within the section 87A rebate cap, so income tax is zero. The only deductions are EPF and professional tax.
When the old regime wins
The old regime already wins at this salary with no extra deductions, saving ₹0 a year.
Hike to the next rung
Reaching 5 LPA is a 11.1% hike and adds ₹3,767 a month in hand. Dropping to 4.25 LPA costs ₹1,883 a month. Check any percentage on the hike calculator.
4.5 LPA is inside the tax-free zone
On this structure, any CTC up to about ₹13,39,000 pays no income tax in FY 2026-27, because the section 87A rebate covers taxable income up to ₹12 lakh. That leaves ₹8,89,000 of tax-free headroom above 4.5 LPA. Of the next ₹1 lakh of CTC, ₹90,400 reaches your account.
Tax-saving investments do nothing at this salary: there is no tax left to save, so 80C, 80D and NPS only make sense for their own returns. Employer NPS would move ₹25,200 a year into your retirement account, but monthly in hand changes by −₹2,100 a month.
| Lever at 4.5 LPA | Effect |
|---|---|
| Next ₹1 lakh of CTC | ₹90,400 a year in hand |
| Basic at 50% instead of 40% | −₹900 a month in hand, the difference goes to EPF |
| Employer NPS at 14% of basic | No tax saved, −₹2,100 a month in hand |
4.5 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 | ₹33,700 |
| Maharashtra | ₹2,500 a year | ₹33,692 |
| Telangana | ₹2,400 a year | ₹33,700 |
| Tamil Nadu | ₹2,500 a year | ₹33,692 |
| West Bengal | ₹2,400 a year | ₹33,700 |
| Gujarat | ₹2,400 a year | ₹33,700 |
| Delhi, Haryana, UP (no PT) | None | ₹33,900 |
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.