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How much will be in hand.

Please help me with the in hand salary

What will be the inhand salary at tcs on 10 lpa
Hi Fishes.
Please help me in deciding which company to consider in terms of learning, opportunities, work culture, job security and WLB..
CDK global - 19 fixed + 1 Jb
Solugenix Corp - 23 fixed
Epam systems - 24 fixed + 1 Jb
Walmart labs - 23 fixed
Thanks in advance!
CDK Global Inc Solugenix Corporation EPAM Systems Walmart
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For 31 fixed I am getting 1.92 lakh per month after PF deduction and taxes.
My company (likewise all major MNC's deduct 12% Annual basic as PF) roughly around 1.5 lakh per year as employee contribution (make it twice to 3 lakh as Employer's contribution is also deducted from our salary only)
So if I remove 3 lakh from my 31, my salary is now 28 lakh per year.
Now remove taxes, easily 4.5 lakh as taxes you need to pay.
So my actual salary becomes 23.5 lakh.
There might be some other deductions as well minor ones. Let's make it 23 lakh.
But I am sure you can do the math that 23 lakh if divided by 12 months, we get less than 2 lakh per month.
The only exception to this case is - if your company caps PF deduction to 21000 per year
So only 1800 gets deducted every month as Employee contribution instead of 11000 I am giving.
But you can't take it out untill 58 years or end of service.
And as per calculation with even just 5% yearly inflation rate - 10 lakh's value would become at max 2.3 lakh rupees in 2055.
🙄
Yes opt for 1800 pf then you will get upto 2.1L
2.03L
Yes if 31 yu get it 1.92 to 1.95
12perc PF contribution
Use this tool:
https://www.taxandsalary.co.in/newRegimeCalculator