Frequently Asked Questions (FAQs)
What is the monthly in-hand salary for a Fresher (3.5 LPA) CTC package in FY 2026-27?
For a ₹3.5 Lakhs (Fresher (3.5 LPA)) annual CTC package, the net monthly in-hand salary is approximately ₹27,217 under the New Tax Regime, after accounting for EPF, Professional Tax, and Income Tax deductions.
How much income tax is deducted for a Fresher (3.5 LPA) package under New Regime?
Under the New Tax Regime for FY 2026-27 (AY 2027-28), annual income tax on a ₹3.5 Lakhs CTC is ₹0 due to Section 87A tax rebate and the ₹75,000 standard deduction.
What is the monthly EPF deduction for Fresher (3.5 LPA) salary?
Assuming a standard basic salary structure (50% of CTC), the employee EPF contribution (12% of basic) is approximately ₹1,750 per month for a Fresher (3.5 LPA) package.