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

So every month they are considering your ctc 9LPA for tds i.e.,2k. Which won't cover your bonus. So as and when your bonus are credited the tax on it will be calculated as per your tax slab and deducted accordingly.

like

Tax for one time payments are calculated at the highest tax slab?

So whats bothering you. 7k is correct. Is u take 20percent of 38000 it will be 7600. The income tax above 5lpa is 20 percent.

like

@oracle 1
When I said highest tax slab, I meant my highest tax slab. Not the overall tax slab

Its not like that but it will clubbed with ur overall income. So suppose ur total income came out 6lpa after taking benefits of 80c and hra and standard deduction. So when the company give bonus it will become 6.38lpa. so now the tax will be calculated on that and they will adjust the tds for that month.

helpful

This is almost correct. I have an elss mutual fund sip for 3000 per month, 20000 for parents health insurance and 20000 per year in LiC pension scheme . Since I started the SIP the tds has come down to around 1700-1800

Related Posts

What is senior consultant salary in Accenture with 10yrs experience??

Just venting a little: being on a non-competitive pay while on L1 visa and waiting for GC sucks…

like

Hi Fishes, I have an interview with PwC AC in the coming week. My tech stack is Power BI, SQL, SSRS,SSIS and Tableau. YEO -4 Current CTC is 9 LPA. During the initial call with the recruiter he asked for ny expected CTC and I asked for 17 LPA. Can anyone from PwC comment on this? Is this too much to ask or is this what someone at my current level would get paid at PwC. Please let me know!!!! PwC PwC India Pwc AC Deloitte Deloitte USI

like

Best NY firms for capital markets that's not just a UW-side sweatshop? Bonus points if anyone has heard or remotely thought that the group was actually nice-ish/collegial-ish.

like

Hi Everyone...i have offer of Publicis Sapient as SA level1.Can anyone please help me out about how the company is in term of work culture,career growth, work life balance, yearly hike.I am really confused as my joining is near.
Tech stack : Java Backend
Thanks

like

Hi,

Working as Business Analyst in VMware with 16.5LPA and having 7.6 YOE.

Am I getting under payed

Please suggest

like

If we missed to submit timesheet for first fortnight still we will get salary or not? In Accenture

like

BDO India Hello fellow consultants, i have been offered a package of 66K GBP from Deloitte for the position of Manager - Cyber Internal Audit, Financial Services, Risk Advisory - Manchester. I am currently working for BDO India and will be relocating, what are your views on this? What are the extra relocation and accomodation benefits i can ask for? I am a 24 year old bachelor and i have 3 YoE. BDO Deloitte India Deloitte USI BDO RISE Private Limited

like

What % of post-tax income do Londoners usually spend on rent?

Offered 6.2k per month post-tax and thinking of spending 2k on base rent, single household. Does that seem reasonable for someone who wants to save and invest?

like

Just trying to anchor my minimum expectations a bit and would really appreciate some help. If I enter industry at the strategy manager grade into a large (FTSE 100) corporate. What does my earning trajectory look like (assuming I continue to progress through grade towards Head of Strategy)?

likehelpful

I'm working on a Fintech startup related to commercial banking pricing. We would like to do some "expert interviews" with current RMs (we would compensate your time.) We want to better understand the friction points when it comes to price C&I or CRE loans. Please DM me if you are interested.

We are not looking for any private information, but more anecdotal evidence of issues that can be improved.

like

At what point do you start paying taxes on your side hustle?

like

I have an offer accepted from Elevance 125k (Anthem) and w a good team and seems that WLB would be ok. Also, Amazon hiring manager wants to interview me for a job. Is just a hiring manager int. so obvi nothing guaranteed. Salary if offered will be more than 150k. My question is should I accept the interview and see where it goes? Is it really worth it to proceed with a company like Amazon for 25k+. I live in CA so $ is imp but I do have a toddler so WLB is also imp. Both role are Sr. MGR.

like

Is the career trajectory/compensation different for internal IT and consultant roles vs the customer facing roles at PwC especially for RPA?

Any insights on Disney Streaming Service as a company? Culture, pay etc ?
Also why are they requiring people to be onsite ?

like

What is the expexted salary range for a 12 year exp in PWC AC in SAP Funtional domain?

like

What corporate card does BDO use?

like

Hi fishes

Need a reality check-
Profile-
Btech (mech) + MBA (non-IIM top 15)
4 years enterprise account management- US based personal computing OEM
1 year Management Consulting- Sales transformation

Input required on-
1. What is my profile fit for account executive role like?
2. What is the salary I can target? (Current- 19.6 fix+ 3.5 JB+ 4 variable) I am gunning for at least 30% jump on fixed.

like

Think we’ll see salary adjustments across the board based on Amazon?

What are some non compensation reasons you picked your company?

like

More Posts

Hey Everyone, I’m interviewing with Accenture strategy (UK) for a manager role. Can someone please provide the salary range for a manager

like
like

What’s the salary of an DAAC in Frankfurt.

like

During my interview process I clearly stated my salary expectations of 95k-105k. They came back with an offer at 80k. Is it even possible for us to come closer to a better agreement with them being so low? All other aspects of the job are in line with what I'm looking for, so I really want to make this work.

like

Besides working, how do you finance pros typically spend the weekend?

like

How many hours are you IBD guys REALLY working. Everyone says 80+ hours but never seem to be around when you need them

like

What questions would you ask a recruiter when discussing benefits? What’s important?

We got the official address. When do u think it will be functional?

like

Recently USI Kolkata sent an email and asked about employees willingness to come in office if they start the office in the new location near sector 5 untill technopolis building is ready. They asked how many days I want to come in office.....
My answer was 0 day. 😀

likefunnyuplifting

Microsoft started recruitment for Kolkata region for data scientists.
Great news for Kolkata.

likeuplifting

Do we have to go to office from next week?

LA, staff agency Sr. Post Producer - any pay range suggestions?

like

529 prepaid tuition plan: Anyone here who has purchased this? Would be great to discuss pros and cons. I’m thinking about this using Illinois Bright Start 529.

like

Will Hexaware revise my offer based on the hike I receive in current organization ?

like
like

Anyone in Chicago care to have a drink tonight (Thursday) night near west loop/river north? Realize it’s fly day but would prefer to meet locals anyway. 🌅 🍷 🌃

like

As a neurodivergent professional one thing I’ve never figured out is how to leverage your network to get a job. Specifically, jobs that aren’t publicized widely. Do you straight up just ask? I know I can always ask my references to put in a good word but what about the many jobs that aren’t widely advertised?

like

Interested in hearing what your firm gives clients for the holidays, if anything? Please provide firm size and gift/gift value.

like

How can we do better to remember this?

Post Photo
likehelpful

Does JPMorgan Chase India encourage counter offers incase I have a better offer in hand?
Can I counter after I've accepted an offer from them?

like

Additional Posts in Tech India

Hi Fishes , 10% of ctc in JIO is variable. On what basis that variable pay is paid and what is the frequency of variable pay ? Can anyone from JIO please give some insights on it ?

Jio
Reliance Industries Limited Reliance Jio Infocomm Limited Reliance Retail

like

Likes for DM Peez 😅🥰

like

25lpa in big 4 or 22k aed per month salary in sharjah with 4.5 days working in govt company which one is better ?
Have wife and kid with no emi and loan and living in own house in India.

like

How is it working in Beckman Coulter like?

LTI- Larsen and Toubro is Hiring for Below Jobs for Pan India Location.
**Interested DM there Emailid with Job Name**
#UrgentHiring#Opportunity #Data

Post Photo
like
funnylike
like

90 Days notice period has 2 phases.

Initial phase - Candidates struggling to get interview calls.

Ending phase - Companies struggling to match a higher offer.

30 days notice period can really solve everyone's struggle.

like

What career path offer the most money?

like

Hi Fishes,

I have completed my BCA in 2018 and currently working as Technician in Paytm I have completed Aws Devops Training and have knowledge and hands on experience in Got, Jenkins, Ansible, Docker, EC2, S3, IAM, VPC, Lambda.

please refer me and help me in getting job

like

I am applying for Us tourist/business visa and I have a consular appointment in Delhi at 9:40 am , any guidance to hoe much time this can take as I want to book a flight from Delhi back to Mumbai ?

like

Hi Fishes

I need help to decide
I have got 2 offers
1. Tigerhall - 45LPA
2. Zupee - 42LPA
Which one I should choose?
In Tigerhall, I will get a lot of free time as the work is same as what I have done so far in my career therefore, I can focus on more things now.
In Zupee, I will get to learn new skill which might be good for my career.
Also, comparatively in hand salary of Tigerhall is higher than Zupee (it will less tax deduction as it's a Singapore based company)
Please suggest

like

What kind of appreciation do you prefer? Private or public?

like

Do you think clubhouse will be a hot in the longer run?

like

Please help with what'll be in-hand for this

Post Photo
like

How much package should a data engineer get for 3 year exp?

like

Is CTC of 6 lpa(in hand) ,at 26 and 3 yoe too less?
PS: Ofcourse I am taking opinion for someone else not me 😅

likefunny

Hi everyone, I would be working in Arcesium as a contract employee (placed through a 3rd party vendor). Could you tell me how it would be for contract employees in terms of benifits, work life balance and any perks, etc. Thank you. Arcesium Tata Consultancy Infosys Cognizant Wipro

like

Need to buy an engagment ring and I am clueless. What should be the diamond carat?

like

What are good plant protein brands in India?

likefunny

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