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Conversation Starter
He passed soon after eating "all the bacon they had"
Rising Star
Hi DI folks, how were the hikes last year??
Rising Star
Jummah Mubarak Fam ☪️💚
Additional Posts in Tech India
Almost Monday, back to the grind 😪😪
Chief
On a lighter note ! 😝
Chief
How to maximum save taxes for 20LPA?
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Paying taxes is not a problem but getting nothing in return from govt or their lazy govt employees for basic services is a big big problem...
Tax payers are 3% of population. Miniscule votebank compared to religious groups.
So they run the show.
Rising Star
Yes, higher the CTC, lower is the in-hand sal comparatively. We pay 30% taxes in return of 0 advantages. No free (good) education, healthcare, public transport, roads, railways (general compartments), social security, etc. We get absolutely nothing in return for our taxes paid.
Its not tax it's an vasuli to live in our own country forget about any benefits, even to buy house or car of our own choice we need to pay heavy taxes no exception in that as well.
for 32 lakhs you would be paying 6 lakhs in tax min unless u have a housing loan. 26 lakhs - (variable+PF+gratuity) is ur actual salary. so it boils down to 22 lakhs.
bc trauma
😒😒
35 fixed will give u 2 lacks in hand
33 lpa fixed will give 2 lakh in hand
33 here... 2 in hand
1.7 lakh here. 15k in pf. I have taken separate medical insurance for my parents. And rest in tax.
What will be my in-hand salary ?
I had almost the same breakup and got 1.5+ in hand. If you use all the allowances well, I think you get upto 1.6 in hand. Since the post is from 1y back, I think now you have a better idea of in hand in this salary though
Plus you pay 4% education cess for students who can't pay fees. And I thought government handles that but unfortunately I am the one paying that without my consent
Hxnsbd nsnsnd
Rising Star
Exactly. Thanks for writing this. Well expressed.
Yes
🥲
Follow the old tax regime, use the deductions effectively, maximise your 80C, you’ll get more than 2lacs.
I recently got an offer of 40 LPA fixed & 4 LpA variable , How much I can expect in hand ?!
Btw which company and yoe?
This makes me have second thoughts about my switching plans, even if I get 30 percent hike I don't think I would see a lot of difference in the actual salary that would be credited at the end of each month
What's ur current package then
Just a heads-up, 40 lpa also does provide 2lac/month
True, very harsh reality of taxes.
Then what will be for 8 lpa?
Pro
Enjoy tax free life
+1
True
Maybe explore for tax saving measures
True
Bhai ansu nahi aate dekh ke