Hi Fishes,
Can you please help me with monthly in-hand salary according to below offer-

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

Inhand will be 78360 excluding Bonus if whole 80C is utilised i.e. 1,50,000- 26400= 1,23,600 you need to Invest additionally.
Calculation is HRA: Max 40% of Basic for Non metro so 88000.
So 11,00,000- HRA - SD - PF( Employer share)- Food Coupon - 80C - Bonus-2400 professional tax.
So 11,00,000-88000-50000-26400-13200-150000-27917-2400 = 742083 Taxable
Net Tax: 63353
Actuals: 11,00,000- Tax- PF*2- Food Coupon - Bonus- Prof Tax -= 78360.
Calculate Bonus with Tax as 20.8% will be deducted.

upliftinglikehelpful

Thank you so much for the detailed explanation 😊

Approximately 80K - 83K

like

Looks like monthly salary would be 84k minus Professional Tax (200 or 300), Provident Fund (Your contribution i.e. 2200) & income tax based on your IT declaration. Should be 81-82k in hand if you are saving completely on tax. Needless to say, this is excluding your benefits like meal coupons, leave travel allowance, etc.. these amounts would be given upon submission of proof.

like

Thank you ✌️

Related Posts

like

S&P Global Hi All, can anyone please help me with salaries of SDE 2 at 9 grade for 5.5 YOE.


I’m in negotiations this would really really help S&P Global

like

I cleared all my rounds of interview in JPMC, had salary discussion with HR 2 weeks back. After which i was asked to apply the job on candidate portal and submit additional information.

Its almost 2 weeks and i haven't heard back anything from them. My status in portal shows "You are moving to the final steps in the process". This status has not changed since last 2 weeks.

Can i expect the offer letter to be released? If yes when?

Hi fishes,
what is the increment range at S&P global for software developers ? IHSMARKIT is soon to be merged with S&P global. So wanted to know if it is better to wait for the merger or make a move.

AT Kearney 🐠s, What is the yearly appraisal on your base salary at ATK?

helpfullike

what's the average compensation package for L4 MLE in Kitchener Waterloo?

like

Let’s talk salary… years as an SLP, salary or per sessions, and annual or hourly rate?

like

Got a call from CTS via bot. They asked for interview on 23rd Sep. My present role at Infosys is Technical Test Lead. Kindly suggest what role you try for in CTS. Also present CTC is 16.22. Expected CTC should be how much?
Got a masters in supply chain mgmt which I have not used. Can I go in R and D? If yes on what role ?

like

How much does an entry level Sourcing Specialist earn per year?

like

Hi Fishes, Hope you all are doing well. I got offer to join HSBC . Soon they will discuss about compensation. How much HSBC India generally offer to 6+ year Python engineer?

like

Experience - 15+ years.
Current CTC - 30Lakhs P.A

I have offers from IBM - 28.5 Lakhs P.A. and HCL - 39 Lakhs P.A.

IBM HR mentioned I can negotiate further once I share HCL offer letter which I am yet to receive.

Can you guys please assist if IBM matches HCL which one I can choose? TIA

like

Thoughts on the corporate strategy team at Visa? Trying to learn more about the regional vs global teams, salary (US btw), career progression etc. Thanks!

like

Desperately feel like I need to transition from BigLaw (Commercial Real Estate) out of the legal profession and into something more business focused. Any suggestions on where to look to not take a monster salary hit?!

like

How does the compensation (base+bonus+carry) look like at Sequoia, Tiger, Accel etc as you move up?

like

Expected ctc for associate consultant position in publicis sapient?? YOE:3 yr

like

Hello Fishes, I've joined IBM last year( Oct 2021). Am I eligible for hike this year? If yes how much % can I expect? YOE - 4.2 years & pmr ratio - 1.12 band - 6B

like

Where does Accenture Interactive's salary band start with 2 YOE?

What is the saving potential for a H1B on-site offer with ctc around 75k USD per annum

like

Hi all,
How much one should get for 6years of experience with Java backend with microservice and hibernate ?

More Posts

Hi fishes
What can be the upper limit of an offer from jpmc for 5 year exp?

like

Hi all, could you please which one is a better option Finestra Pune or JPMC Bangalore
and how expensive Pune to Bangalore any idea

kindly suggest thanks in advance!!

like

Who are some good, small scrappy agencies in the digital space? Asking for an in-house friend

like

Any recommendations for a umbrella stroller? Our Uppababy Vista is way too big to lug around everywhere.

Debating when to have the first baby… would you say having a baby is totally worth it ? Worth all the struggles and sacrifices? Or should I wait an extra year just to save more money and enjoy life now without the extra sacrifices… (female 27 & want to have 2 kids)

Q’s for hiring partners and recruiters - you know that most associates quit their managing attorneys and not the firm/case. I’m in that boat. What do I say to a prospective employer about the situation of why I want to jump ship?

Very brief background - I’m a senior associate who has been on one complex commercial litigation case for over a year. Over time, the relationships between attorneys on the case have deteriorated to the point that it is affecting my productivity/work. I want out.

like

To those who have delivered. Are they still doing photography at the hospital after you deliver?

like

Why can’t I find the main Pro bowl anymore. I was in it for almost a year and now it’s gone. Is it possible to get kicked out?..

funny

Hi everyone,
I recently joined a small company as a tech lead in Pune.

I am not enjoying the work here. I have good experience in Linux application development in C. Also as a hobby project completed small projects on opencv/image processing on python.

I have a good hold in system design using python and C.

Looking for suggestions should I starting looking for another opportunity or should I wait for atleast completing 1 year to justify my change.

Looking for honest suggestions

like

Got this little gem as part of a bundle for my classroom. Absolutely delightful! Set in 1946 in Chicago, Cline-Ransome does a magical job of describing how a young boy struggles with death, moving, bullying, and learning of his own heritage. I can’t wait to share this with my students!

Post Photo
like

I’m struggling to find a full time job right now. I have 16 months of internship experience at a Big4, a 4 month internship at a well known bank and a 12 month internship at a boutique consulting firm.

My gpa is subpar (3.2/4.0) but I have strong extracurriculars and have been working full time while taking full time classes.

Any advice on what I can do to land a solid fu time offer?

like

McKinsey & Company I received an offer from McKinsey & Company in 2021 and I’ll be starting later this year after graduation. Obviously because of the pandemic, inflation is slowly trending upwards. Has anyone asked for a base salary increase before even starting the job? Any advice on how to approach this?

like

Are there any internships for recent graduates? If so can someone point me in the right direction? I just graduated with a bachelors in business administration with a concentration in social media marketing.

like

Any media buyers out there seeking order confirmation inventory at retail? I have a few new opportunities coming available in May/June.

like

Honest thoughts/opinions about 22squared in Atlanta? Is their money where their mouth is, or are they all (over-)hype?

like

How is BNY (Pune ) in terms of work culture , YOY growth and Bonuses.
Are there additional rewards or incentives for employees?

like

I'm looking to apply for a Principal , Prod Svs. App Support position in Chennai.

Does anyone what the typical salary range is for this designation?

YoE: 13
CCTC: 21.3L

How much minimum fixed salary to expect for BNY Mellon technology for H role ?

Hi! I have 2.5 years consulting experience & 4 years industry (B2B Sales) experience. What level should I be targeting for in cloud S&O. Is IC-5 too junior?

like

Additional Posts in Consulting India

Hi Fishes,

I wanted to know the scene of onsite opportunities in Shell.

I'm a developer with 3 YOE, will they send people like me abroad ?

like

Let's start the discussion and name the organisation who made the offer despite 3 month long notice period,What was your tech stack,YOE and how much hike you got.

like

If I am ever asked to do work from office, I am gonna leave the company.
Long Live WFH!

likesmartuplifting

How much take home can I expect with fixed CTC of 25 L. PF deduction is 10k Per Month.

like

How do you handle a situation where the client starts flirting with you?

like

Hi Fishee,

Having 5.6 years of experience in Automation. I am working mother so want work life balance ….. i have two offers from TCS and Capgimini….

TCS 12 LPA
Capgimini 12.5 Fixed

Which one is good ?

like
like

Can we take all 7 Sick Leaves in NP in Accenture with informing supervisor?
or is there a limit?

Which company should I join I have offers from LTI, UST, Capgemini, Societe Generale, EY India? With all offer packages almost same except UST(bit low). I have 3 plus yrs exp. working as Technology Analyst - Dot Net Core + Azure Developer. I wish to have good work life balance with opportunity to learn technology.

Last week on Friday, I have given Hexaware interview and just after the first round of interview with the client and the manager ( 3 people in the interview panel) , I got the congratulations mail that I have cleared the interview process . I have received mail to submit all my documents and fill CAF form.. After doing all these,on Monday Hr called me to inform my offer letter is in progress.But then I got a rejection mail ,and after that Hr stopped picking my call .. @Hexaware

like

Hi Fishes,
Cognizant
Need your valuable information.

I have joined CTS two weeks ago. Now I have got a project called "world vision international". It suits my skill sets. Is anyone having a knowledge about this account and how this project will be?..
BTW it's a developement project.

Kindly help me in this regard. TIA

Western Digital/IQVIA/Deloitte India: Which one is better for good learning opportunities in BI tool such as Spotfire/Tableau/Power BI and good work life balance+ Job security?
Please help.

This one's for the Techies in IT Industry who keep the stuff up and running for the world.
In today's world everything we do and utilise has a backbone that is IT.
We Techies help to build, run and maintain the technologies which run and support applications in various industries like BFSI, healthcare etc.

So if you are an IT Engineer, Take pride
Don't live with low self-esteem.

No one might say it but you do make everyone's lives better and the world a better place ⭐

Post Photo
like

What CTC to expect in other companies I have 2 YOE as System Analyst at Amdocs? CCTC 5.2LPA

Post Photo
like

I have offer from Mott Macdonald and Ultimate kronos group for the Dell Boomi Integration developer. I am not sure which company to join.
Both the companies give me similar packages and similar positions

like

Hi guys, I am working at qualitest from 2.5 months, i haven't got into any project yet and now i have cleared interview in siemens i am confused what to do .

I have around 3 yrs experience and 9lpa package .
It's hybrid in siemens thats why I am confused will we be allowed to work 5 days from office

like

I found this is the easiest way to know about DevOps (Development + Operations together).

Post Photo
likefunny

I am having an offer from HCL 21lpa(18.5fixed)/8.5yoe devops.
Is HCL really that bad from all the posts I see here. Or should I start looking out for another offer.

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