Can someone pls tell the inhand...felt a bit confused about employee pf contribution and lta

Thanks in Advance

Post Photo
like
Posting as :
works at
You are currently posting as works at

Around 59-60k

like

Well, my suggestion would be to keep your PF as it is. This helps in showing your investments in 80C and thus helps in tax exemption

Your experience and techstack?

like

1.7.. Java SqL

like

U can this simple calculation.
your gross salary*70/100=yearly takehome/12 = monthly takehome

like

850000- 40800 - your yearly pf contribution - professional tax = in hand
850000 - 40800 - let's say your pf 45000 - pt 2500 = 761700 ---- this is before tax deduction

like

okh ok thanks

It will comes around 49850..

like

49 or 59?

Lta is only for tax saving, if you don't want tax benefit then you get change your lta to miscellaneous and get in monthly which will be taxed.

like

No, lta is usually yearly if you want tax benefit on it

like

deduction is pf 1800+1800+1000 gratuity

like

Gratuity should not be considered in deduction unless it's clearly specified in salary breakup

48k-50k nit more than this...

like

(3 4+3.4+1.29)/12

Related Posts

Hello,

I have 1.5 years of experience along with a double masters in UX design from Paris and Twente University. Having just finished my master's, I will soon be applying for jobs. What salary range do I expect from startups as well as MNCs?

like

Took a job specifically for experience in-house PE and also took relative paycut. Now thinking about leaving and going back to a firm to round out skills or asking for more $$$. Thoughts?

like

Hi guys Please tell me which company I should join. Paytm 24 fixed + 2 jb Publicis Sapient 25 fixed Altimetrik 26 fixed Megic Brick 23 fixed Dxc luxoft 22 fixed I read lot of negative review about Paytm. Paytm Publicis Sapient Publicis DXC Technology Luxoft MagicBricks

like

What’s the salary wage for a consumer lending credit analyst/ underwriter in Southern California ?

like
like

Folks,

Can anyone tell what’s the maximum salary offered for T1.3 ?

Thanks in advance!

like

Firms that decided not to match comp increases - what was the reasoning? Different talent pools?

like

I was offered a DPO role at $215k + 15-20% bonus (no RSUs)… I asked for another $50k to the base or I walk. They said sorry. So I walked. I feel great about my decision. I have other offers on the table that pay $300TC. BUT if I didn’t have the other offers, what would you have recommended to do? Do agree that $215k base + bonus is too low?

likehelpful

How good is Navi for data engineer? And how much could I expect for 4 YOE? Navi

like

Currently work as a VP of Sales with 15 YOE. Im managing a large team and revenue target for a growing business. The money is good but I can’t help this nagging feeling of doing something else. What options are there to move into consulting but not the typical post-MBA consulting role? For example I know McKinsey has their implementation business where they’ll hire experienced sales and marketing execs. What other opportunities are out there? Is the pay good? What’s the WLB like?

like

What should be ideal salary in servicenow for 8 yoe

like

You have the following offers. Which do you choose?

1) $185,000 no 401k
2) $165,000 + annual 30% bonus based on company and individual performance (15% paid in stock options & 85% paid in cash) + 401k no match + $10,000 in stock options & $1500 at signing
3) $153,000 + $30,000 signing bonus + $16,000 annual performance bonus + 401k w/ 7.5% match
4) $100/hr 1099

For arguments sake healthcare benefits or lack thereof is immaterial.

likehelpful

Up for a promotion to Vice President. What are VPs in Marketing in NYC making these days?

like

v50 corp associates: what level total comp can I expect in house at the 2.5-3ish year experience level?

like
like

Got an offer with Citi as BA(AVP-C12 grade) in COA Flexcube team. How would be the work pressure and salary increments? Pls share ur inputs.

What's a fair salary doing mangers roll in a hospitality industrie

likeuplifting

2 YOE at current company. They bumped my salary up 3600 to 75k with a recent promotion. Am I being shafted? I felt I was underpaid before, but now I really suspect so. Would appreciate if someone could help confirm or deny my suspicion.

like

What is the salary bracket for Senior 2 - Rank 42 in GDS

Thanks in advance

like

Epam anywhere offering 12.6 + 60 k JB for A2 software automation engineer , I ask to revise with better amount but they said it is best maximum offer ? Need suggestions I am having 4+ yoe in software automation testing is it good ?

like

More Posts

Here we can discuss HR practices related to workplace issues and best practices

like

I am looking for mentor. I am a self learned ux designer and working independently for my clients. Even though clients are happy with my work i feel they don't understand design much and i always feel there is a gap in my learning as there is no one to critique my work in design perspective. Have any beginner designer faced this? How do you learn when you are not working with experienced Designers?

Looking for a remote/hybrid/onsite (Calgary,Alberta) job for my boyfriend who got almost 5 years of experience in proposal writing, RFP, RFI and bid management for a civil engineering firm. He also got an MBA, non drinker, non smoker, clean driving abstract and very polite. He gave out tons of cv in indeed job posters for the past 5 months, ends up becoming the filler candidate, took a huge toll in his mental health and we are going through some very rough patches. Can anyone please kindly help?

like

Interviewing for a generalist BA role at McKinsey. Have 2 YOE at another consulting firm. Does McKinsey adjust comp and promotion timeline to EM for experienced BA’s?

like

Hi all,

Will be joining BCG (Gamma) Seattle office soon, would appreciate everyone's input on a few things:

1) Planning to head into the office on the first day instead of onboarding remotely, assuming that I'll get to meet a lot of new & current folks in the office, is that a fair assumption?

2) Are you traveling/in office a lot at this point, or still WFH mostly? Any advice for someone onboarding in this heavily remote enviornment?

Thanks in advance!

like

In IBM, Is there any wait rule to Sumbit resignation for 2nd time?

I had 24lpa outside in Jan, IBM retained me saying will give 20lpa effective Feb, till date nothing update, now in workday i see only 16lpa as new salary which may or may not come in April month salary.

What to do? Should I get whatever they give in April salary and put papers again?

Or is there any point in waiting in IBM?

like

From which all places does deloitte provide suttle service

like

Any 40+ women here interested to make new friends? 40+ man here.

like

Best study guides or practice tests websites for CCSP?

like

Currently on maternity leave from a small firm with no may leave benefits. Would love to become legal aid duty counsel to get better with life balance and mat leave benefits for kid #2. But I hear it's next to impossible to get a full time position except by starting on contract. Anyone in Toronto have any insight about becoming a family law duty counsel?

I rarely have to use formulas in Excel, so please be kind to me.

Apart from conditional formatting cells, what formula can be used to display a word whenever a cell contains a range of numbers? Contd

like

Anyone know the shortcut to format selected cells as short date IE mm/dd/yyyy?

likesmart

In Amazon, for a L4 Program Manager, do we have any short term opportunity/ summit/ workshop/ volunteering that takes you to HQ, Seattle ??

like

Anyone working in Qualys ? Hows the culture and WLB? what about RTO ?

like

I need some advise. I am a relatively new adjuster. I have 7 years of experience in the insurance industry, a bachelors degree in Business and an AINS from the institutes. I currently work as a GL adjuster with a TPA. I have seen a high turnover rate on my team in my short time at this position. I received maybe 2 hours of formal training and the rest has been learn by fire, even with claims in litigation. It’s a nightmare. I can’t get 5 minutes of my managers time a day. Would you leave?

like

Does MBB have a minimum GRE score they look at when recruiting MBA candidates (like 320+)? McKinsey & Company

likehelpful

What are everyone's thoughts on the link between performance and reward? Will this continue in the future? Has anyone moved away from ratings and if so how does it work? 🤔

like

Currently in the process of interview for the role of a Technical Writer at Amazon (Seattle). Before the virtual onsite loop, I have been asked to provide an expected salary including base, bonus, and equity.

Based on my search, I am expecting a base salary of 105 - 120K. However, I am not sure about the bonus and equity. Any thoughts?

like

Anyone willing to provide a reference for a Microsoft application? I already applied. Not sure if that hurts.

like

Anyone working in sustainability?

like

Additional Posts in In Hand Salary Calculation👍

Is there any good of PF or just it is wasting our CTC?

funny

Hi everyone, anyone working as Assistant Manager IT?? Or working at KNAV india??

Can you please let me know what is the ideal salary range for Assistant IT Manager?

I got this f&f from wipro. Can anyone help me with what is WBP- Excess UtilisedWipro Tata Consultancy

Post Photo
like

What’ll the exact inhand salary??

Post Photo
like

Hey fishes, can you help me with how much inhand salary I’ll get.
CCTC: 10.5LPA ( Including 10% Variable)
Yoe :3yrs

Also let me know if it’s worth to join with this offer.

Post Photo
like

Anyone Joined Orange business services recently???

like

What will be mine take home salary?

Post Photo
like

What will be my inhand salary and tax deduction on this?

Annually (A):
Basic: 400000
HRA: 160000
Conveyance: 19200
Medical: 15000
Fuel: 10800
Telephone: 12000
LTA: 48920
Other Allowance: 312480
Total Earnings: 1000000

Deductions (B):
PF: 43200
Professional Tax: 2400
Insurance: 10800

Net Pay (A-B): 943600
Tax deduction will be done monthly.

like

Hi sharks , Please help me with this calculation, what will be my take home pay.

Post Photo
like

Hi Fishes,
Please help me to foldout the in hand salary for attached salary breakup

Post Photo
likehelpful

Off topic sorry : can we mention house property monthly maintenance during ITR from exemptions and deductions

like

Hi I m planning to change my company. Can anyone telle what will be in-hand salary for this

Post Photo
like