28 LPA in-hand salary: how much per month?
28 LPA means a ₹28,00,000 CTC, or ₹2,33,333 a month before deductions. What reaches your bank is ₹1,71,191 to ₹1,91,784 a month in hand under the new tax regime for FY 2026-27, depending on how your PF is deducted. Income tax takes ₹28,331 a month. ₹14,000 a month goes to your PF. The full payslip is below.
Monthly in-hand
₹1,71,191
Annual take-home
₹20,54,190
Income tax a year
₹3,39,970
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.
28 LPA in hand per month: why there is a range
Two people on the same 28 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) | ₹1,71,191 | |
| PF of ₹1,800 a month (wage ceiling) | ₹1,91,784 | |
| 10% of CTC paid as yearly bonus | ₹1,57,164 | |
| Old tax regime, no deductions claimed | ₹1,54,356 |
How a 28 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 28 LPA package actually goes.
| Component | Monthly | Annual |
|---|---|---|
| Basic salary | ₹1,16,667 | ₹14,00,000 |
| House rent allowance | ₹58,333 | ₹7,00,000 |
| Special allowance | ₹38,722 | ₹4,64,660 |
| Employer PF | ₹14,000 | ₹1,68,000 |
| Gratuity | ₹5,612 | ₹67,340 |
| Total CTC | ₹2,33,333 | ₹28,00,000 |
Your monthly payslip on 28 LPA
Gross pay less the three things every salaried Indian sees deducted: provident fund, professional tax and TDS.
| Line item | Monthly |
|---|---|
| Gross salary | ₹2,13,722 |
| Less: employee PF | − ₹14,000 |
| Less: professional tax | − ₹208 |
| Less: income tax (TDS) | − ₹28,331 |
| Net pay credited | ₹1,71,191 |
New regime or old regime on 28 LPA?
Claiming nothing beyond the standard deduction, the new regime leaves you ₹2,02,020 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 | ₹24,89,660 | ₹23,62,160 |
| Income tax | ₹3,39,970 | ₹5,41,990 |
| Effective tax rate | 13.3% | 21.1% |
| Monthly in-hand | ₹1,71,191 | ₹1,54,356 |
| Annual take-home | ₹20,54,190 | ₹18,52,170 |
Questions about a 28 LPA salary
- 28 LPA means how much per month?
- 28 LPA means a CTC of ₹28,00,000 a year, which is ₹2,33,333 a month before anything is taken off. After the employer's PF and gratuity, your own PF, professional tax and income tax, ₹1,71,191 to ₹1,91,784 reaches your bank each month under the new tax regime for FY 2026-27.
- How much is 28lpa in hand salary per month?
- ₹1,71,191 to ₹1,91,784 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 ₹14,000 a month into your PF, which is part of the CTC but never reaches your bank account.
- How much tax do I pay on 28 LPA?
- ₹3,39,970 a year, or about ₹28,331 a month deducted as TDS, under the new regime. That is an effective rate of 13.3% on your gross salary, against ₹5,41,990 under the old regime before any investment deductions.
- Is 28 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: ₹1,71,191 a month in hand, plus ₹3,36,000 a year building up in your PF.
- Should I pick the new or old regime on a 28 LPA package?
- With no deductions claimed, the new regime wins at 28 LPA, leaving you ₹2,02,020 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.