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Additional Posts in In Hand Salary Calculation👍
Hi fishes,
I have 4.5 years of experience in .net and angular in cognizant I'm working I got call from Genpact but In Genpact they are asking me join as lead consultant is it normal software engineer position or what any idea ..for only 4.5exp is it sufficient for lead consultant position.. firstly what is the responsibilities for lead consultant in GenpactGenpact
What will be in hand?
Please help

What’ll the exact inhand salary??

In hand salary?? plz help

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Taking 25.5 as example -
80c 150000
NPS 50000
HRA 100000
Standard deduction 52400
Insurance 50000
Sodexo coupon and LTA 50000
Around 4.5 lakhs as deduction...
Tax on net salary 21 lakhs -
First 5l - 12500
Next 5l - 100000
Next 11 lakhs - 330000
Total - 442500
Add 4% cess - 18000 around
Final tax - 460000
Monthly tax - 38000 around
So deduct 38000 from your monthly fixed 😅
Please share bit more bonus and everything...
Check my next comment for old regime tax computations - new tax regime is easy peasy but you will pay more taxes for sure.