Hi Fishes,
Barclays 13 lpa fixed, how much monthly inhand?

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

Barclays 13 LPA fixed means your PF+Gratuity+Bonus is seperate.
That means 13 lakh/12. Now it's upto you how much you able to save tax.

Let me tell you i am working in Barclays for past 4 years and i don't know about other companies but the tax saving option is much higher in Barclays.

LTA
Petrol Bill of 28.5k
Driver Salary
Telephone/Internet Bill of 36k
Car on Lease
HRA
NPS

If you take benefit of all these your tax liability can be minimised.

Also let me tell you Bonus is around 10-15% over and above your package. I received mine today and it was Bumper more than 2 months salary 😬

Everyone who has mentioned numbers above have never worked for Barclays, i can guarantee that.

All the Best, with your choice.

upliftinglike

When i joined that was the case....what i described above not sure if it changed.
Also the yearly hikes are only on Actuals , of gratuity is added later on.

For eg. Suppose your in hand salary is 10 lakhs +1 lakhs of Gratuity. And if you get 20% hike so it will be 20% of 10 lakhs i.e 2 lakhs (10+2) = 12 lakhs + whatever is the percentage increase for Of gratuity. Plus Bonus

likeuplifting

divide by 15 or 16

Around 83k

Around 85k in hand rest in tax, but still you can redeem tax amount.

You should try this calculation on your own as you only are aware of your tax component and pf contribution etc.

Skill and yoe?

Look it's ~90

Your tech stack and yoe?

1 yoe, java

Will fetch you 85k around

What's your tech stack & Years of experience?

1 yoe, Java

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