Hi Fishes,

Can anyone tell me what will be my in hand. Thank you.

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I see that there are a lot of folks who keep on asking "what will be my take-home or in-hand salary ?"
I am failing to understand one thing, are you guys so stupid that you can't even calculate your in-hand salary, then on what basis did you negotiate?
Had it been a fresher, I can still understand but experienced folks keep coming up with the same question on a daily basis. Either your IQ is very weak or you don't understand simple mathematical calculations that you are unable to calculate your in-hand salary. I am unable to understand on what basis the company has offered you 24 LPA.

funnylikesmarthelpful

Do not fight 😅

Assuming you declare full LTA your monthly take home will be =
(basic + HRA + other allowances - tax on these components - your contribution of EPF - prof tax - education cess - gratuity) ÷ 12

In your case it should be roughly 145000 if you opt new regime.

But there might be some 'surprise' deductions. For example my new employer has surprised me with 10% lesser pay in my first month. I'm still trying to figure that out. So for safer side you can estimate worst case as 126000

Your annual lump sum will be =
Variable pay + LTA - tax

In your case it should be roughly 128000 assuming you get 100% variable pay and don't claim LTA

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Thanks alot it's pretty much clear now.

Which company gives salary with so many zero at the end . This can’t be true .

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Very few, and that is the reason I am joining this organisation 😊

Around 1.5 k after pf, tax deductions

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Around 130k with just 80c declaration of 1.5 lacs. If you claim hra. It will be more. I know this because this is my current salary

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Around 1.5L

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1.45L

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If you can't calculate that may be you don't deserve 24 LPA

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What yr of experience did it take to reach this point?

9yoe

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1.3 lac or less

Divide CTC by 15 months, you will get an idea about monthly salary ( extra 3 months represents the tax deductions )

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