A Virtual Asset Payment / API Engineer earning the median salary of ₹24L in India takes home approximately ₹21,07,500/year (₹1,75,625/month) after Income Tax (New Regime) and 4% health & education cess, using FY 2026-27 rates.
2026 median salary for each level in India, and what it leaves after Income Tax (New Regime) and 4% health & education cess. New Regime, no EPF/gratuity/professional tax modeled. FY 2026-27 rates.
| Level | Gross / year | Take-home / year | Per month | Effective rate |
|---|---|---|---|---|
| Junior | ₹16,32,000 | ₹15,13,908₹1,26,159/mo | ₹1,26,159 | 7.2% |
| Mid-levelHeadline median | ₹24,00,000 | ₹21,07,500₹1,75,625/mo | ₹1,75,625 | 12.2% |
| Senior | ₹31,68,000 | ₹26,39,784₹2,19,982/mo | ₹2,19,982 | 16.7% |
| Lead / Principal | ₹40,32,000 | ₹32,34,216₹2,69,518/mo | ₹2,69,518 | 19.8% |
The biggest pay step is Senior to Lead / Principal: ₹8,64,000 more a year before tax, of which ₹5,94,432 reaches take-home. 31% of that raise goes to Income Tax (New Regime) and 4% health & education cess, against an average 17% on the Senior salary, because the extra pay is taxed at the top of your bands rather than spread across all of them.
For Mid-level roles, the middle half of Virtual Asset Payment / API Engineer salaries in India run from ₹24,00,000 to ₹25,20,000 a year, which is ₹21,07,500 to ₹21,93,960 after Income Tax (New Regime) and 4% health & education cess.
The table above uses the Virtual Asset Payment / API Engineer median. Enter your own gross salary below for a precise figure.
National income tax only. India has no state income tax on salaries. EPF and professional tax are separate payslip deductions this calculator doesn't model. See the CTC vs in-hand guide linked below.
₹24,00,000 a year, or ₹24L per year.
Tax regime
Common salaries:
Annual take-home pay (New Regime)
₹21,07,500
Per month
₹1,75,625
Per week
₹40,529
Effective tax rate
12.2%
New Regime vs Old Regime on ₹24,00,000
New Regime
₹21,07,500
Effective rate: 12.2%
Old Regime (Rs 0 deductions)
₹18,61,800
Effective rate: 22.4%
The New Regime is worth ₹2,45,700/year more take-home on this salary, at these deduction levels.
How your ₹24,00,000 is split
₹21,07,500
87.8%
₹2,81,250
11.7%
₹0
0.0%
₹11,250
0.5%
| Gross salary | ₹24,00,000 |
| Standard deduction | -₹75,000 |
| Taxable income | ₹23,25,000 |
| Income Tax (after Section 87A rebate) | -₹2,81,250 |
| Surcharge | ₹-0 |
| Health & Education Cess (4%) | -₹11,250 |
| Total deductions | -₹2,92,500 |
| Net take-home (annual) | ₹21,07,500 |
Calculations use FY 2026-27 Income Tax Department slabs, standard deduction, Section 87A rebate (with statutory marginal relief), surcharge, and 4% Health & Education Cess. National income tax only. India has no state income tax on salaries. Old Regime deductions default to Rs 0; enter your real Section 80C/80D/HRA exemption claims to compare accurately. Excludes EPF, professional tax, and other payslip deductions that reduce in-hand pay but aren't income tax (see the CTC vs in-hand guide). Assumes a taxpayer under 60. Senior and super-senior citizen slabs differ and aren't modeled. For precise figures, consult the Income Tax Department or a chartered accountant.
Permanent median
₹24,00,000
₹21,07,500 take-home
Contract median
₹14,842/day
≈ ₹32,65,240 gross a year
At a median ₹14,842/day, contract work grosses about ₹32,65,240 a year over 220 billable days, 36% more than the ₹24,00,000 permanent median. That premium has to pay for what an employer would otherwise cover: paid holiday and sick days, pension contributions, and the gaps between contracts.
Contract and permanent benchmarks come from separate samples, so treat the gap as a guide rather than a like-for-like quote. See Virtual Asset Payment / API Engineer contract rates and contractor take-home →
A Virtual Asset Payment / API Engineer earning the median salary of ₹24L in India takes home approximately ₹21,07,500 per year (₹1,75,625 per month) after Income Tax (New Regime) and 4% health & education cess, using FY 2026-27 rates.
On a median Virtual Asset Payment / API Engineer salary of ₹24L, the effective deduction rate (Income Tax (New Regime) and 4% health & education cess) is 12.2%, leaving ₹21,07,500 as take-home pay.
A senior Virtual Asset Payment / API Engineer in India earns a median ₹31,68,000 a year and takes home approximately ₹26,39,784 (₹2,19,982 per month) after Income Tax (New Regime) and 4% health & education cess, an effective rate of 16.7%.
A junior Virtual Asset Payment / API Engineer in India earns a median ₹16,32,000 a year and takes home approximately ₹15,13,908 (₹1,26,159 per month) after Income Tax (New Regime) and 4% health & education cess, an effective rate of 7.2%.
The biggest pay step is Senior to Lead / Principal: ₹8,64,000 more a year before tax, of which ₹5,94,432 reaches take-home. 31% of that raise goes to Income Tax (New Regime) and 4% health & education cess, against an average 17% on the Senior salary, because the extra pay is taxed at the top of your bands rather than spread across all of them.
At a median ₹14,842/day, contract work grosses about ₹32,65,240 a year over 220 billable days, 36% more than the ₹24,00,000 permanent median. That premium has to pay for what an employer would otherwise cover: paid holiday and sick days, pension contributions, and the gaps between contracts. Contract and permanent benchmarks come from separate samples, so treat the gap as a guide.
Virtual Asset Payment / API Engineer Salary Benchmarks
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Virtual Asset Payment / API Engineer contractor rates
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