FY 2026-27 · India

7 LPA in-hand salary: about INR 49,722 a month.

On a CTC of INR 7,00,000 a year you take home about INR 49,722 a month under the new tax regime and INR 47,830 under the old regime.

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What changes at 7 LPA

The old regime's rebate runs out, and the two regimes part ways.

Old regime taxable income at 7 LPA is INR 5,46,665, INR 46,665 over the INR 5 lakh limit of that regime's rebate. The old regime has no marginal relief, so all of its slab tax falls due: INR 22,706 a year with cess, for being INR 46,665 over the line.

The new regime still charges nothing, because its rebate covers taxable income up to INR 12 lakh and yours is INR 5,66,165. That makes 7 LPA the first of these levels where your choice of regime matters: the new one leaves INR 49,722 a month against INR 47,830, INR 22,706 more over the year.

Your basic of INR 29,167 a month is now above the INR 25,000 PF ceiling. If your employer contributes only on the ceiling, both PF shares fall from INR 3,500 to INR 3,000 a month, and because the CTC is the same, the difference is paid as salary: new regime in-hand rises to INR 50,722.

The breakdown

From a 7 LPA CTC to your bank account.

Basic pay at 50% of CTC, PF at 12% of full basic for you and your employer, gratuity at 4.81% of basic inside the CTC, the Maharashtra rate of professional tax for men, no variable pay and no old regime deductions beyond PF and professional tax.

Each month

7 LPA salary breakdown under both regimes, monthly
Line	New regime	Old regime
Gross salary	INR 53,430	INR 53,430
Employee PF	-INR 3,500	-INR 3,500
Professional tax	-INR 208	-INR 208
Income tax and cess	INR 0	-INR 1,892
In-hand	INR 49,722	INR 47,830

For the year

7 LPA salary breakdown under both regimes, yearly
Line	New regime	Old regime
CTC	INR 7,00,000	INR 7,00,000
Employer PF	-INR 42,000	-INR 42,000
Gratuity provision	-INR 16,835	-INR 16,835
Gross salary	INR 6,41,165	INR 6,41,165
Employee PF	-INR 42,000	-INR 42,000
Professional tax	-INR 2,500	-INR 2,500
Income tax and cess	INR 0	-INR 22,706
In-hand for the year	INR 5,96,665	INR 5,73,959

Questions

7 LPA in-hand salary, answered.

Why does the old regime tax 7 LPA but not 6 LPA?

Its rebate stops at INR 5 lakh of taxable income, with no relief above the line. At 6 LPA old regime taxable income is INR 4,61,070; at 7 LPA it is INR 5,46,665, so the whole INR 22,706 of tax applies.

Can old regime deductions beat the new regime at 7 LPA?

No. The new regime charges no income tax at this salary, so deductions can at most bring the old regime level with it.

Other levels and sources

Compare another CTC.

Figures are estimates from the FY 2026-27 rules, checked on 22 October 2026. Your employer's payroll and salary structure can change them, and this is not tax advice.

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