Guys,

What will be my in-hand salary ?

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Is this correct? I see PF deduction is 1800 a month.. it should be 12% of basic i.e. 12k per month?

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Yes, either you can pay 12% or atleast 1800/month ( unless your 12% of basic is lower than 1800)

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More or less similar

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PF gets deducted double the amount written considering both the employer's and the employee's contribution, remove meal coupons since you will claim them as coupons later, and gift vouchers and LTA will also be given later as claimed. HRA depends on the company. So some companies provide the HRA directly as salary, and others give it when you claim your rent so find that out. And finally deducting your taxes ranging between 5-10%, you will end up earning way more than you deserve if you cannot even calculate that much on your own!

More than 1.4 if you do all tax saving

Suprised to see gift voucher. Is this table from an offer letter?

Some companies do provide these kinds of components in offer letter. Better to negotiate with HR to add those in your base salary or other components.

CTC/14

I don’t know this. Is this a way to calculate in-hand salary..? The amount that comes is it higher or lower in most cases.

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