CTC mentioned on offer letter is 11LPA including PF, gratuity, HRA , BASIC , LTA. What will be my inhand salary?

likehelpful
Posting as :
works at
You are currently posting as works at

We can tell you the exact inhand if you could post the breakup.
Depends on how much basic and other exemption you got.
Usually bofa gives basic as 35% of CTC - 385000 (if 11 LPA)
Your employer PF would be 12% of basic - 46200
Your Gratuity would be 4.808% of basic - 18,510
LTA - 30000

Your pf contribution- 46,200

So, total Exemption/deduction per year - 140910
Total inhand per year - 9,59,090

If you choose new tax regime as no tax, your Monthly inhand would be approx.
= ~79,900


March month you would get extra salary with LTA amount.

like

Let me know if I am making incorrect calculation

The amount your mentioned for all are almost similar in my CTC breakup. Basic - 385000. PF 46200 Grad - 18519 LTA - 30000. You missed HRA 192500. And Deductions are only Pf's twice and gratuity. 46200+46200+18518 right ? ( 110910 )

like

Actually i included LTA also away from inhand hoping you would choose reimbursement. Thats why 140910. ( same reason i mentioned, march month you would get extra which is LTA if unclaimed)

I didnt mention HRA bcz i wanted to only exemption and deduction. Since you will go for new tax , the value i mentioned will most likely close i believe.

like

It should be around 9LPA..
Btw what's the title ?

like

If CTC is 11 LPA

Post Image

Related Posts

How much do bcom grads earn for associate 1 level? In AC, Advisory? (Salary range)

like

Bonus and comp raise %?

like

International tax senior associate- Deloitte

I have an interview with Deloitte next week for senior associate Internacional tax in California. How much salary I should expect? I am sure this question will come up and I don't want to underbelly myself. Currently I am a senior at other Big4.

like

2nd year SC with consistent 1 or 2 (top) ratings, and 5 yrs experience in digital / CX. I've decided I need a change - what can comp I expect in NYC at other big 4s? Anyone care to refer me? 🙏

like

Let's talk salary.

I'm up for a raise soon and I'm at 43,000 a year. Anyone have any advice on what I should ask for?

like

MD salary range at Huron? And bonus potential?

like

What’s a good comp package for a Director level industry role non HCOL? ~11+ years of experience in big 4

like

What's a product manager's expected salary with
Total YOE - 3.5 years (PM experience 2yrs)

like

First year Deloitte S&O senior consultant salary? NYC no MBA.

like

What is a good bonus number/percentage?

like

Looking to transition into an HR leadership position. 17+ years experience in running a startup managing 50-100 people (15 years) and handled all facets of hiring, firing, compensation, negotiation, training and employee relations. Responsibilities also include other non HR functions such as business dev., client relations and expansion, logistics. Currently studying for the SPHR and plan to take the GPHR as well. Thoughts on difficulty of moving into an HR leadership role?

like

What’s the average salary for a manger in FinTech. My wife is a Manager in FinTech and earns 95k base with a 10% bonus. Is that competitive? I hear that this field is getting hot and curious to know if she’s potentially leaving money on the table by not moving elsewhere.

helpful

Up for an in house position at Big 4 consulting. What is the salary range? Anyone have insight? Anyone have insight on the work life balance?

Friends - comp talk thread. Level, base increase %, promotion % (if applicable), bonus %, go!

like

Hi guys

Please tell me what my in-hand salary will be for Infosys

Post Photo
like

Salary bands for senior EA - Does anyone know what they are for the following Canadian companies: KPMG, Amazon, Telus, and Deloitte

like

MD, JD, or PhD vs. MBA in terms of consulting salary

like

Hi folks

Wanted to know growth and opportunities in Novartis Consultant role I have a offer from
Novartis for Consultant role - ctc - 24.2 + 70k joining bonus
And have another offer from Amazon for Program Manager fixed- 28 lac + 1 rsu (3.5 lac every year) + 1.5 relocation bonus.

Need some thoughts on which one to join.

Thanks in advance

like
like

Anyone in S&C at level 9? I got a 5% raise and 8% bonus.

More Posts

I’m tired of the arrogance and male techno-superiority. Where are the humans with feelings, vulnerability, joy in all of this?

like

Amex platinum vs CSR??

like

Any fun leagues or groups to join to make some new friends? Gay 30M here.

like

30th birthday present watch accessory ideas.

A lot of knowledge on here so asking for some help. It’s my partner’s birthday and I’ve no idea what to buy him. He’s a watch fanatic - Pateks (sports and dress), Audemars (sports and dress), Rolex (sports), Omega (sports).

I’m obviously not buying him a watch for his birthday (in his dreams!) but any idea for some good accessories? He’s already got a PP watch winder, and has bought multiple nice straps for the dress watches. I’m completely lost.

like

What happens when someone sign an offer letter and decide not to join for some reason like joining a diff company?

like

In cgi what are the shift timings for a tester ,?
#cgi

likehelpful

Consultant with 15lpa fixed in KGS, is that low?

like

I will possibly be getting a machinist role through some contacts, and I have no experience in the field and I’m wondering what I could expect to make, when I look up average salaries for a machinist position I see around 65k but that seems too good for my age and experience so I’m wondering what some others in the trade on here are making

like

Hi everyone, a question to the tech industry at large.

Why are people so hesitant to hire disabled candidates?

I am a visually impaired practitioner in South Africa, with 7 years of experience, and as soon as recruiters or business owners hear/read that I'm disabled, the conversation gets awkward and I never hear from them again.

like

How are people networking in the entertainment law space during covid? Mainly curious about the music industry.

like

Anyone know if there is a Houston bowl?

Anyone here know anything about Unify Consulting? They reached about looking for senior roles to build their National Healthcare and Life Science vertical.

like

I lose FAR credit on 11/4 and only have 1 left (failed it in the last testing window). When's the latest I can take my last exam? If I sit for it on 11/3 and pass, then I'll be a CPA?

like

Does anyone have any good books or podcasts about how to develop leadership/ managing skills?

like

Senior Manager Retail at Apple anyone?
Wondering what a SM would do in retail, by exiting from consulting.
Got interview next week.

likehelpful

Interested in McKinsey implementation practice. Possible to speak with somebody with insight and opportunities in that

like

Offering Thielen and Corey Davis for James Robinson. I'm short on RB and they are on WR. Full PPR.

Would you take it?

like

Hello everyone. I am new here and looking for a job in Digital Marketing in companies like EY, Cvent, GroupM or Deloitte. I have 7+ years of experience in the same field. Your help means the world to me!! Looking forward to constructive conversation.

like

That was a fun little tremor last night...

like

Additional Posts in BA Continuum

Bank of America (assistant manager) or Barclays (ba4 analyst)
Which organisation is better?

What’s in welcome kit for the new joinees ?
What’s the update on office opening ?

like

Did anyone recieved 30 day notification of your scheduled return to office mail
Today or before ?

like
like

Hey folks I applied for a credit card they were asking for official mailid is it legal to provide bank mailid for credit card processing?

like
like
like

McKinsey & Company Hi Fishes...i have a 7 year of experience in reimbursement and AP profile and looking for change... please help 🙏 Boston Consulting Group JLL McKinsey & Company Deloitte KPMG PwC Tata Consultancy Accenture RBS

Got an offer from ba continuum for senior analyst role GIB pitchbook team. Confused about asking package, annual increment, work life balance and appraisal cycle. Do they give regular promotions to their employees??
TIA

like

Hi guys..I got an offer in bofa for 10.5 LPA with 3 years experience. is it good enough? How is the work culture there

like

Hello all, I have a few questions regarding BA Continuum:

In terms of hierarchy, how many band levels are there at BA Continuum GBS?
What is the current WFH policy and what is the RTO plan?
Those working in GIFT city, how is the campus and what accommodation arrangements are available nearby? Is cab service available?

like

How is the cafeteria in BACI Gurugram location?
Is lunch free like we have in BACI Mumbai location?

like

How is Pega work culture in BA Continuum India Pvt. Ltd.
Will there be learning and growth for Pega skilled candidates.
Anyone from Pega background in BA Continuum India Pvt. Ltd. Bofa, please DM me!!

Currently I am working in IBM Kolkata location with 17 LPA fixed salary. Work Life Balance is good here with good policies. I got offer from Bank of America with 25 LPA fixed for Mumbai location. Is it worth to resign IBM and relocate to Mumbai? Please suggest.

Total Experience:8 years IBM

Do Bank of America or frets work from home policy, if no is there any exceptions considered?? Thanks in advance

like
like
like

I’m 18 yrs of exp, working at Ford in a cloud architect role with a salary of 31lpa (26 fixed + 5 variable). I’m getting offer from Bank of America with fixed ctc of 41lpa for avp designation. I will lose the variable pay from Ford if join bofa in next 60 days. Pl advice if this a good offer considering market situation or should I negotiate @bankofamerica

like

Bank of America If i join bank of america in july month, am i eligible for this year appraisal cycle?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal