1. What is LPA to Monthly Salary Conversion?

LPA (Lakhs Per Annum) is a common term used in India to describe annual salary packages. This calculator converts annual LPA to monthly take-home salary by dividing the annual amount by 12 months.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• 1 LPA = ₹100,000 per year
• 3.5 LPA = ₹3,50,000 per year
• Monthly salary = ₹3,50,000 / 12 = ₹29,166.67

Note: This is gross salary before deductions like taxes, PF, etc.

3. Importance of Salary Calculation

Details: Understanding your monthly equivalent helps with budgeting, loan applications, and comparing job offers. It's essential for financial planning.

4. Using the Calculator

Tips: Enter your annual salary in LPA (e.g., 3.5 for 3.5 LPA). The calculator will show your approximate monthly gross salary.

5. Frequently Asked Questions (FAQ)

Q1: Is this take-home salary?
A: No, this is gross monthly salary before any deductions like taxes, PF, insurance, etc.

Q2: How does 3.5 LPA compare to hourly wage?
A: At 3.5 LPA with 8-hour days and 22 working days/month: ₹29,167/(8×22) ≈ ₹166 per hour.

Q3: What's the difference between CTC and take-home?
A: CTC (Cost to Company) includes all benefits. Take-home is after all deductions (typically 70-80% of CTC).

Q4: How accurate is this calculation?
A: This shows gross salary. Actual take-home varies based on deductions which differ by company and location.

Q5: What's the monthly salary for other common LPA values?
A: 4 LPA = ₹33,333, 5 LPA = ₹41,667, 6 LPA = ₹50,000, etc. (divide LPA by 12 and multiply by 100,000).