Hello Guys ..I recently joined Kyndryl IBM .

I am not able to understand salary. I am getting manager choice amount in salary slips but it's not adding or deducted anywhere. Also aggr of chapter 4 is also not understood how they calculate it.

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The Manager Choice Award details that you see in perquisite amount field (in payslip) has added in salary so that you would pay income tax on the Bluepoints received recently.

Bluepoints get converted to INR as per current exchange rate and then gets added to your salary (Manager Choice Award) for tax calculations. This is a taxable component and hence you will see that under perk value. The amount is added to your gross salary for the purpose of tax calculations.

Bluepoints gross-up in the earnings section of your payslip is an estimated tax payable on such award which is given to the employee in the form of earnings to compensate tax on managers choice award.

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Where to check Blue points gross up amount

likehelpful

Can you anyone tell me . me also have same doubt.

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+1

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Please dont confuse Blue Points gross up with Manager Choice Award. Blue Points work based on blue point credits which is part of taxable salary, whereas Manager Choice Award is additional perk/allowances which is not considered for tax deduction. And it keeps on increasing every month. Please explain this scenario.

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