FISHES, can someone help calculate inhand salary for the below mentioned compensation.

Investments
80c 1.5 lpa
House rent .98 lpa
Insurance 7000

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

258500(pf deduction considered) - Tax for the Fixed Part
Variable - depends on the organisation

like

Any suggestions to reduce the tax amount?

I was thinking of taking a house loan and investing it as an asset, but is the tax saved any better than the loan interest?

pension schemes were also thought about, but isn't it better to invest the same amount on a balanced mutual fund since both are long term in a way

Related Posts

For anyone who was able to make the move from FDD to IB, outside of Compensation, what have you enjoyed more about IB?

like
like
like

Hey Folks, I'm currently in the interview process for Optum at Data Science role. What is the average pay in Data Science role at Optum for 5.5 yoe.
Would be really helpful for my further HR rounds. Thanks!

like

Hi Sharks,

Kindly provide your suggestions about VOLKSWAGEN for Senior SAP functional consultant Role.

How's work culture, WLB, job security, Hikes etc

I didn’t got the bonus mentioned in the increment letter. Only increased salary. When do we get it?

like

I am transferring into the S&A A&C GPS practice as a C1, what salary range can I expect?

like

EY gds

Please tell me in-hand mnthly.

New tax regime


EY

Post Photo
like

I work for a company that gives me RSUS as part of my compensation. Am I allowed to short the companies stock to minimize my downside risk in case stock price drops? I value certainty of my RSU payments over any potential upside

like

What would be my in hand salary after tax deduction. Any leads?

Post Photo
like

Hi Fishes,
5.5 yrs Java , spring boot
I have three offers

1- Optum 22.5L including variable (19+2.85)
2- @CITI 21 (20 L)
3- @Vodafone_Vois 21.50 including variable(19+1.59 )

Which one to go with
WRT work culture, hike , Growth prospective and job security
. please Give your valuable suggestions

like

What is the average yearly hike expected in Qualcomm for 4-8 years experience?
How many stocks will be allotted every year?
Qualcomm

like

Hey folks, I'm getting an offer as a SC in EY UK. Presently I'm a manager with EY India (up for SM next yr Oct 2021). Comp is 55k range (haven't officially received the figure, a few more days it's expected, doing some homework before that).

I'll be moving with family. Wife may not immediately start working (,find a new job, we have a toddler daughter as well 2 YO).

I personally don't find this offer commercially attractive. Can someone offer some counter arguments?

likehelpful

What is ideal package for a project manager with 7+ years of experience in IT firm

like

Senior Business Development Role at 360Learning:

Anyone have tips for cover letter/resume to stand out?

They are huge on not negotiating salary there based on their blog.

Anyone know the base salary/expected commission? - It requires you to answer on the application. I would be so thrilled to work at the company I just want to put what they start out at.

like

Hi i have Received offer from cerner WITH 26 LPA.my current CTc is 16.5 lpa.is it good idea to join cerner?

What is a good way to enter into health informatics with a degree in health service administration?

like

Hi Fishes, I've got an offer from CGI that is less than 10 LPA. Then I got offer from other company that is 14 LPA. Can CGI match that offer? (YOE - around 3 years) #CGI

Anyone able to see the September month salary slip in the ADP portal. Any idea when it will be uploaded?

like

Will UST provide 100% of variable pay or what is the percentage they give us and when will they provide like end of the year

More Posts

Looking to get in touch with a Porsche dealer but don’t have any contacts. Has anyone bought one from someone they’d recommend?

like

Is the 2018 Macan turbo w perf. Pkg the best Macan ever made?

like

After checking why Matt Gaetz was trending earlier, I should have known better than to check why Madison Cawthorn is trending, but here I am. I blame nobody but myself.

likefunny

Check your band for year 2020-21

funnylike

Best advice I've heard to ensure you get through busy season: Don't get drunk at company outings.

like

Do you know if they fire you if you go overbudget on time too many times?

like

I know this has been asked 1000 times but I searched and couldn’t find- EY SPG corporate code? Back to work tomorrow requires I schedule a vacation to cure the depression.

like

Biden doesn't even remember who he is running against?! He called Trump by "George" yesterday. This is just unbelievable, man. The guy cannot become President....

likesmart

Does anyone here have a Tesla? Should I do it???...

like

Anybody here (or your spouse) on an L2 EAD and not received the renewal before your current one expires? What did you / your employer do?

like

Things are apparently going to get better after a client will be leaving, I’ll get to work on different brands but I am feeling pretty burnt out from the agency I’m at. Will new clients help? Or should I look elsewhere. Been at the agency almost 3 years, I feel like I need to switch things up for my sanity.

like

Ericsson IT Solutions & Services Hi folks I have been selected in below companies. Working as a Java backend developer in TCS with 3.5 years of experience. To day is my last working day. Please suggest me in choosing company

Accenture Bangalore
ADP(Automatic Data Processing) Hyderabad Ericsson IT Solutions & Services Bangalore Virtusa (Standard Chartered Bank client project)
ACS Solutions hyderabad

like

How is projects assigned to laterals in HCL

like

Can I parallelly work in a subcontract of another start-up while working full-time for Capgemini?

Is this a breach of my agreements/compliances with Capgemini?

If I do so, will Capgemini ever get to know about that subcontract that I'm working for? If YES, how?

Should I avoid taking such risks?

What are all possible repercussions this step could have???

like

In KPMG India services LLP, will they fire confirmed staff if the performance is less. KPMG India

like

Je vis depuis 10 ans en Californie, quelle est la fourchette de salaire en France pour les postes en Marketing avec 9 ans d’expérience?

Is this legal? My spouses company just decided to change their comp structure for account managers. It was base + comm, now it’s commission only but nothing changed, OT commission is the same, didn’t get more points, just took away the base pay and said work harder basically. So now they have to worker harder to get $50k they were already making. (Not a decision based on employee performance, they’ve been crushing it. I think the company is just trying to save money they overspent else where)

like

What’s a good experience gift for a 3 year old? She has gotten subscription boxes and tickets to museums in the past so anything that’s not that.

like

How much does a consultant gets paid in Vancouver BC, withing big 4 with a 1.5 years of experience with a masters degree from US?

Additional Posts in InHand Salary and Tax Calculation

How much in hand will I get from an offer of 13lpa plus 1.05l from Wells Fargo for Data Management Analyst role in Hyderabad??

How much time does it take to roll out offer letter from Wells Fargo?

like

Hello!
Can someone please tell how much is the in-hand salary.
Thank you!

Post Photo
likeuplifting

Hi Fishes,

I have an offer of one company. Also selected in other company but for HR discussion they are asking me some documents including my current offer which I am holding.
Can I share the the offer which I am holding to them?

like

I am joining IBM 7A Band as senior Application developer.How much time it takes to get band 7B. I wanted to know about band progression and % increment they give in that.IBM

like

Hello All,
Need 11 likes to enable DM.
Thanks

likehelpful

Saala ye dukh khtm kahe ni hota be,

Rejection after Rejection - ab to count v yaad ni😔😔

likeuplifting

Hello guys
Please help me have an idea of the monthly take home salary

Post Photo
like

Infosys 17 lpa 15%variable pay how much i will get

like

Hi fishes, what will be my in hand salary? Please help. 🙏

Post Photo
like

What CTC i can expect if i have 2 year experience as a java developer or network engineer?

like

Hi Sharks,
Could anyone can confirm exactly how much monthly intake from the below CTC.
Stack: HPC
YOE: 6

Post Photo
like

Hello Fishes,
What will be the in hand salary per month as per below break-up + tax.

Post Photo
likehelpful

Hi 🐠🐋🐟

Can anyone let me know how much inhand i will get after using 80C 80E 80D?

And let me know is it good to package for DevOps engineer with 5.6 yoe.

Note: I am not showing off here just want to know the In hand as I am new to this package.
HCL Technologies Tech Mahindra Tata Consultancy Accenture

Post Photo

Hi All,
What is the market range of salary of an Assistant Manager in compliance (regulatory, Insider trading, AML) with 6 years of experience in a listed company?

like

What would be the inhand sal. for below structure.

TIA

Post Photo
like

Hi Guys what should be the best ask for onsite Belgium in terms of compensation

like

Need help with in hand salary calculation post tax deduction at source

Post Photo
like

I got 2 offers one from NTT Data with 23 lacs and Publics sapient 24 lacs .

Which company better for salesforce technology??

like

I am asked about salary expectation for Senior Devops Engineer role in Berlin, Germany.
What should be the expectation.
I am currently at INR 30 LPA in Bangalore.
Thanks.

like

Hi Scholars, can some one guide on below salary breakup what would be the total in hand salary.

- 80CC is applied for 1.5 lakh per year
- For HRA calcuatio6Per month rent is 30k

Post Photo
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