21 LPA in-hand salary: how much per month?
21 LPA means a ₹21,00,000 CTC, or ₹1,75,000 a month before deductions. What reaches your bank is ₹1,34,883 to ₹1,50,474 a month in hand under the new tax regime for FY 2026-27, depending on how your PF is deducted. Income tax takes ₹14,708 a month. ₹10,500 a month goes to your PF. The full payslip is below.
Monthly in-hand
₹1,34,883
Annual take-home
₹16,18,505
Income tax a year
₹1,76,490
Under the new regime, after income tax, provident fund and professional tax.
Assumes basic pay at 50% of CTC, HRA at 50% of basic, employer PF and gratuity included in the CTC, provident fund on full basic, and Karnataka professional tax. Change any of these in the calculator, the figures move accordingly. Rules reviewed 5 October 2026.
21 LPA in hand per month: why there is a range
Two people on the same 21 LPA package can take home different amounts. The biggest reason is provident fund: some employers deduct 12% of your full basic pay, others only on the ₹15,000 statutory wage (₹1,800 a month). Variable pay and the tax regime move it too.
| Your situation | In hand a month | Tax a year |
|---|---|---|
| PF on full basic (most common) | ₹1,34,883 | |
| PF of ₹1,800 a month (wage ceiling) | ₹1,50,474 | |
| 10% of CTC paid as yearly bonus | ₹1,23,239 | |
| Old tax regime, no deductions claimed | ₹1,20,471 |
How a 21 LPA CTC is split
Indian offer letters quote cost to company, which bundles in money you never see as cash: your employer's provident fund contribution and the gratuity provision. Here is where a 21 LPA package actually goes.
| Component | Monthly | Annual |
|---|---|---|
| Basic salary | ₹87,500 | ₹10,50,000 |
| House rent allowance | ₹43,750 | ₹5,25,000 |
| Special allowance | ₹29,041 | ₹3,48,495 |
| Employer PF | ₹10,500 | ₹1,26,000 |
| Gratuity | ₹4,209 | ₹50,505 |
| Total CTC | ₹1,75,000 | ₹21,00,000 |
Your monthly payslip on 21 LPA
Gross pay less the three things every salaried Indian sees deducted: provident fund, professional tax and TDS.
| Line item | Monthly |
|---|---|
| Gross salary | ₹1,60,291 |
| Less: employee PF | − ₹10,500 |
| Less: professional tax | − ₹208 |
| Less: income tax (TDS) | − ₹14,708 |
| Net pay credited | ₹1,34,883 |
New regime or old regime on 21 LPA?
Claiming nothing beyond the standard deduction, the new regime leaves you ₹1,72,950 better off at this package. The old regime only wins once your HRA, 80C and 80D claims are large enough to outweigh the new regime's wider slabs.
| New regime | Old regime | |
|---|---|---|
| Taxable income | ₹18,48,500 | ₹17,45,000 |
| Income tax | ₹1,76,490 | ₹3,49,440 |
| Effective tax rate | 9.2% | 18.2% |
| Monthly in-hand | ₹1,34,883 | ₹1,20,471 |
| Annual take-home | ₹16,18,505 | ₹14,45,555 |
Questions about a 21 LPA salary
- 21 LPA means how much per month?
- 21 LPA means a CTC of ₹21,00,000 a year, which is ₹1,75,000 a month before anything is taken off. After the employer's PF and gratuity, your own PF, professional tax and income tax, ₹1,34,883 to ₹1,50,474 reaches your bank each month under the new tax regime for FY 2026-27.
- How much is 21lpa in hand salary per month?
- ₹1,34,883 to ₹1,50,474 a month. The lower figure is with PF at 12% of full basic, the higher with PF on the ₹15,000 wage ceiling (₹1,800 a month). Your employer also puts ₹10,500 a month into your PF, which is part of the CTC but never reaches your bank account.
- How much tax do I pay on 21 LPA?
- ₹1,76,490 a year, or about ₹14,708 a month deducted as TDS, under the new regime. That is an effective rate of 9.2% on your gross salary, against ₹3,49,440 under the old regime before any investment deductions.
- Is 21 LPA a good salary in India?
- That depends on your city, role and experience, which no calculator can judge for you. What it is worth is exact: ₹1,34,883 a month in hand, plus ₹2,52,000 a year building up in your PF.
- Should I pick the new or old regime on a 21 LPA package?
- With no deductions claimed, the new regime wins at 21 LPA, leaving you ₹1,72,950 better off over the year. The old regime only overtakes once your HRA, 80C, 80D and home loan claims grow large enough. The calculator shows you that break-even figure for your own numbers.