Hey sharks,
How will the joining bonus be taxed?. Like is there a fixed percentage that will be applied to it like a one time bonus or it will be calculated as part of the salary and taxed?
Ex: If my jb is 3 lakhs how much tax would be deducted on it??

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

Nope .the tax goes into nation building (or plastering pm/cm pics on the advertisements) .

like

My salary was so low that I never had to worry about tax being deducted😂😂

funny

Depends on your tax bracket.If you are in 30% bracket - bonus amount * 0.7 will be what you get.

It is taxable income and taxed as per your slab, if your taxable income is >10L, tax will be 30%

So can I use the tax declarations to reimburse whatever that will be deducted right? Same as how we do for our monthly salary?

Related Posts

Bain & Company Bain & Company Senior Manager / Principal role compensation for consultants based in Riyadh?

like

What is the CTC tht one with 14 yoe can expect in Globant if being hired for Senior Project manager position ?

Got interviewed for EY FAAS UK Assistant manager role. What should be the expected GBP salary range and what other benefits do they usually offer/ negotiate EY for relocation from India? YOE 5 yrs

like

Hey Fishes, Recently I got offer from Nokia.
Can you please help me with How is WLB at Nokia & what should be the average expected CTC for job grade - 7. Currently I have offer of 14LPA CTC from a different company.. Nokia

like

Hey fishes, I have offer from UST global for 37 lpa including 17% variable.
YOE - 15
Role - Agile coach

Can someone tell me how is the variable payout at UST, how much percentage of variable does it generally payout?

Hi. I have 6.4 years experience. I have offers from Randstad offshore services (direct) and mindtree. Both are offering good packages. Which company is good?

like

Hi Everyone, I have offer from TCS of 11LPA. Currently working in Infosys. Having 4.5 YOE in Automation Testing in Selenium with Java and TestNG Cucumber frameworks. Will Infosys Retain me as I just completed 1 yr at Infosys and Current CTC is 9lpa. Please suggest me 🙏🙏🙏 Infosys employee



Infosys Infosys Limited

like

Will IBM pune match the counter offer for 9 YOE??

like

Anybody have insights into internal consulting salaries (research) versus management consulting salaries?

like

Which one is better to join
Natwest Group or Delotte usi ? Both are offering similar salary .

Can someone help me on what should one ask for B8 position for project management having 8 years of experience .

like

Hi all,

I interviewed with capgemini for SAP ABAP role and my YOE is 4 years. Just 2 hours after my interview, I got a call from someone at Capgemini saying that I am selected.
They just asked my notice period and current location.I asked them, what is the next round going to be and they said that it is going to be salary discussion. But till now, no one has reached out to me.
Does it mean they got another candidate for same job?
If they get back to me, how much should I ask?
Current - 9.9

like

Hey fishes, completed 3 tech rounds at Bosch.
Last tech + managerial round was on 10th Nov. Got HR call on 17th Nov. Told my expected package and she didn't seem to have any issue. On 22nd Nov, got a call from the consultant at taggd who has been arranging all my interviews. Told my expected CTC and she seemed a bit surprised but didn't negotiate and asked if I have any other offers? I asked when can I expected the OL, she said within a week but didn't take any documents. Can I expect the OL?

like
like

Hi guys, what is this Reimbursable Flexible Benefits ( RFB) component in PWC india? PWC HR told me my fixed is 14 lakhs, but I don’t understand this RFB component. Is it some kind of Variable?

Post Photo
like

Hi Fishes,

How much should be the salary of BI/DW senior manager havin 12+ yoe as per market. Please let me know.

like

$325k TC at MBB in a non-generalist (still partner track) path. Love the intellectual variety, smart colleagues, flexibility (WFH has let me take occasional 2-3h windows during the day for personal activities) - can’t take the stress anymore. Are WFH industry roles at the $300-500k TC level really that much less stressful?

like

More Posts

Hey Fishes!
Would a Partner or Director mind wishing them a happy birthday even if you haven't had a converstaion with him/her and not under under her department!
P.S: Trying to Network!

like

Hi what are the top end salaries of a homecare occupational therapist in the Bay Area?

like

What is a good salary for a director in NY?

like

Are there any good conservative sources out there that you think people haven't heard enough about? I'm not against liberal viewpoints or anything. I just think they seem more vocal than the conservatives and I would like to find a balance

like

Why are the other cryptos not skyrocketing? Will Ethereum ever rise like Bitcoin has risen?

like

Need Help.

So, I recently joined a new company. They have put me to a project which I have no knowledge, no skill there.

I'm new, project is new, no one to give KT.

What I'm a supposed to do?

like

Hi fishes can someone tell me what's the CTC Tata Consultancy offer for ReactJS developer of 2.5 years of experience?

like

Best place to find area rugs online or DMV area?

like

Best place to grab a drink solo on a Thursday? Unless anyone want to join

like

Warm greetings Fishes,

I am a business analyst from PwC with a 2 years experience. I was wanting to explore options McKinsey Digital. What kind of roles would be suitable for me. Thought this would be a great place to understand and further work toward profile building.

Thank you 😊

like

Has an tested roles for SAP through productive test simulation within production? Is there any risk doing this as the test is in production?

like

Is there a way to go into an AE role with just SDR experience at a different company?

like

Reposting this:
Has anyone ever worked in Bytedance/ Amazon (APAC)? How’s the culture like and are the compensation package competitive?

Going through couple interviews with both companies at the moment, unsure which is the better company to work in.

like

How hard is it to pivot to a BDR/SDR role as a tech consultant from a boutique firm with 1-yr experience? I don’t have previous sales experience, except for my time at a call center which lasted for two months until covid hit. What should I be doing now to bridge this knowledge gap? Is there anyone willing to give a referral?

like

Hi Fishes,

Can anyone able to refer me Siemens,.

I have 5years of experience as a PLC, DCS, Simatic Batch automation engineer. @

Post Photo
like

What is a mastercard techno managerial round? Please help I have 7 years of experience.

like

What salary should I expect being full stack Sr .net developer with 5YOE current CTC Is 14Lpa

like

What are the suggestions for a good wearable tracker. Have been using Iwatch for last 3 years now and thinking of whether to upgrade or switch to another. Suggestions?

like

Hi. I'm a final year btech student, and I recently got an offer from PwC India for the post of Sr. Analyst, with the package of 4.5lpa fixed + some yearly performance bonus. How should I expect me to be my career graph in pwc? Promotions, work culture, work life balance, basically any kind of insight will be appreciated.

THANKS A TON, IN ADVANCE.

like

Good Morning all,

Since I pivoted into TA (from the Wild West known as Finance) Tech Recruiting has always been the goal. But I’m having a hard time finding a way to get into that space (I do understand there’s a hiring crisis). Nevertheless, does anyone know of tech companies that are hiring? I may be low on the experience side so I’m willing to look at contract/ entry roles as well. Also, any advice will be appreciated. Thanks in advance!

like

Additional Posts in Consulting India

Is intra transfer available from Mindtree Bangalore to Mindtree Canada if they get Canada PR?

like

Current CTC: 7.6 LPA
Experience: 3 years
Profile: Network Security
How much hike can I expect if applying to companies like Infosys, Accenture, TCS?

I have an offer at 27 LPA WITH 2 L JB in Accenture.
Will TCS match this offer?
Role: Scrum Master
Yoe: 11

In how many days can I expect joining letter from Cognizant? I received HR discussion with documents submission mail on 10th Jan 2022 . YOE :- 7 years Role :- Senior Associate
Cognizant

like

Failed in Nagarro Test 😞, just after submitting, i made that question in visual studio with ease. I rely big time on Intellisense . How to leave this habit ?@

like

10 YOE experienced. Fixed 23 and variable 5l, product based company, switched 2 years back.

Just wanted to get some insights on how much > 10 Yoe are getting,

Please could you mention your inhand as well?
Planning for my next switch

like

Hi Fishes,
I heard that food is free at Fractal offices, is it true? has somebody personally visited fractal bangalore office recently?
Thanks!

likeuplifting

I got selected in Accenture Strategy-CN It's been a week still HR has not approached me yet for salary negotiations and documentation I want to gauge the timeline from here on Can anyone please help what will ne the process now going ahead and approx timeline?

Accenture

Need urgent help.

Can someone tell if i reject the offer after accenting the offer letter, is there will be any legal consequences.

Company - LSEG.

Someone please reply.

like

Capgemini or Accenture both offering almost similar package.

Capgemini - 30LPA - Band C2 - Manager
Accenture - 31LPA - Level 8 - Manager

YoE - 12
Relevant Exp - 9
Tech - SAP SD

like

Is it the company's to be blamed or the employee's for such high attrition rates in the indian software industry , What's your take on it ?

like
like

I see people post about their in hand offers/ CTC and wonder what wrong am I doing.
As a SCM professional, I'm searching jobs for a year now with no success. I'm even ready to accept a low-ball salary offer/ pay cut due to personal reasons, but nah!
It hurts even more after successfully clearing interviews and then get ghosted by recruiters.
Has anyone faced such situation and how did you overcome it? Need suggestions.

Capgemini 17lpa
IBM 18lpa
oracle 18lpa
tech Mahindra 19lpa

YOE 5yr
skill java full stack

which one is better?

like

I'm 5'1 and always find if difficult to load my bag into the overhead compartment without help so I end up checking my bag to avoid asking people. anyone else in the same boat? what is your solution?

like

Hi all,

Can anyone suggest me how to prepare for az-204 exam?

like

DBS is asking to share the entire offer letter of AMDOCS that I have... Can I share it?

Once people crack company like Microsoft , do they ever leave it or stay their for life. If i crack it , i don't think i will need to switch again for life.

like

Hi fishes ,

I cleared meeesho for sde2 data engineering . Hr said they are working in my offer.. but no discussion on what i expect..
What can expected as offer.. pls help me .

Note : I have provided them with docs an ld previous salary slips

TIA

Is the EY split may cause any impact in EY GDS ?

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