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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
Opus Consulting
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Pro
78k
😅😅😅😅 myth of the century.
Salary in hand IS NOT EQUAL TO CTC/12
Pro
Income tax, professional tax and 12.5 percent of the basic salary as PF deduction. If you can save more on taxes, this figure could easily go to 85 to 88k
You will get around 95k because your pf component is very less. It is not a good practice though you will get more in hand salary as most of your salary is taxed.