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Hi all. I am trying to determine if I am being compensated fairly. I am a tax manager (about to start my second year as manager) and have been with EY since staff 1. I was promoted to manager in June 2020 (during covid) and received a 7.5% raise. The class above me has mentioned they received much higher raises during their promotion years. My base salary is now approx. 97K. Any insights would be extremely helpful. Thanks!
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Keep the basic high because, basic will have deductions for nps and pf components which will help reduce the tax yearly 7.5lac max would be tax free for both nps and pf, for more clarification check on chat gpt or Google or best higher CA and check these with him he will suggest you the best