Hi fishes, need your inputs.
I got an offer from hcl and will be joining soon.
As pay structure in hcl has variable component of 15% my query is
Taxable income is calculated and divided into 12 months including variable pay as well? Or tax will be calculated on variable only when it is paid which means tax is calculated only on fixed component?

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

If monthly you are getting variable pay then it will be included monthly.. if its 1/2 times in an year then they can take it as one time tax

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