Hi guys, can someone help me to understand the tax deduction from the below details
Joined IBM recently with 26.5L fixed
April salary -
In hand - 2,54,439 including 1,00,000 joining bonus
Pf - 9275
Prof tax - 200
I tax - 43793

May salary -
In hand - 1,50,673
Pf - 9275
Prof tax - 200
I Tax - 43843
Ins premium - 3716
I had declared 1,50,000 under 80C
Still I think tax deduction is more
Can someone help me how much tax should get deducted. I feel tax deduction is more.
It should be 33000 I feel

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

Declare extra 50k on NPS. In total you could save 2L in 80C.
50k for parents, 25k for your insurance policies.
Declare HRA as per your rent.
This would reduce your income tax monthly.

If you have home loan, then you can reduce income tax burden a little bit more.

smart

YOE?

7+

Declare full HRA

+1

Related Posts

Hello! Any CST/CSFAs on here? I'm curious about your salary and location! My small community hospital was recently bought by a very large hospital system. They gave large raises to 95% of our employees across all specialties (some called what they got "life changing") but our group was overlooked or disregarded with no explanation! Now we are losing employees (4 have put in notices in the last 3 weeks and pretty much everyone is looking). Any suggestions on getting someone to reassess our wage?

like

Hello, I’m contemplating on taking a position as Patient Services Coordinator III with Novant health. We didn’t discuss pay yet but was wondering if anyone knew the average pay? Thanks

like

I got a job offer as a Radiology technician assistant for 16/hr is that a good offer? I live in Florida

like

What’s the salary range for an Account Director in KC?

Got an offer for a higher salary, but I don’t want to leave. Do I even bring it up to my CD?

like

Is there any good of PF or just it is wasting our CTC?

funny

How much hike and bonus can be expected during promotion from Consultant to Assistant manager in Risk Advisory practice.

Hi fishies! Can anyone give any insight on work life balance/compensation at GRAIL? Anyone willing to give a referral? Thanks!

like
like
like

Hello Fishes ,
I have 8+ years experience in HR Shared Services with Compensation revision, Salary planning, Annual Bonus, Stakeholder management, Training etc
Plz comment if any open positions in your organization.
Thanks in advance!

like

Hi All,
Currently im working on cts having 1.8 years experience on etl production support. recently i have attended to one interview company name vodafone
i have selected with 7 lpa in cts im getting 4.5. im confused to switch company or not im pretty new to the project in cts and i need to know this vodaphone they are mentioning like its vios(vodafone intelligent solutions). im not sure weather this is mnc or not. how was the job security. is it worthy to switch job.
cts vs vodaphone?

What’s a typical salary for a producer in the midwest with 2 years of experience?

like
like

Hi All,
BA in Cognizant (pckg-16.5)
or
BA in FIS (packg 19.5)-payments

like

What is the average performance bonus and year on year hike paid at KPMG USA/Cayman Islands?

like

Just got feedback that I need to hire a more diverse team. My team is 70% women and I am an Asian women myself. What exactly are they looking for? This is the main feedback in my promo case and I have no idea how to fix it but don’t want to sound combative.

funnylikesmart

Received a job offer. Was wondering if anyone had any thoughts on a concern I had about it. It's an entry level position, and I don't have much experience. The billables are 2040 a year. For billable hours in civil litigation and insurance defense, is 2040 hours for a 1st year associate on the high end in this field for a small or midsize firm? It seems like most attorneys I know have minimum requirements of around 1800. The compensation is around 80k a year.

like

More Posts

During the pandemic we started incorporating SparkHire for one way video interviews and now my hiring managers are super attached to it. It was intended to cut down on rounds of interviews - one SparkHire + 1 in person meeting. But now I'm seeing a lot of candidates drop off and not follow through on the spark hire. Is there any argument to hold onto one way video interviews anymore or should I drop it?

like

We as the armed forces of the United States have a research department, but the greatest advances at the armament level come from private sectors, this could not be something counterproductive because if they sell a product to us, what deprives them of selling it to other countries?

like

Hello there!

help me open dm's

Thanks (:

like

Hey, Need referral in EY, UBS . I have the job details with me.
Any leads will be highly appreciated.

like

How much do Nursing Assistants make in Michigan? Metro Detroit more specifically?

like

Any feedback regarding HUMA?

like

I'm interviewing with Deloitte this week, but heard that a lot of folks were laid off from GPS at the beginning of COVID. Was it really COVID or is there something else going on I should be aware of?

like

Oracle BU opportunities at LTI
Interested can DM with job roles and email id to apply

Post Photo

Interviewing for a PWC change role and coming from industry. What's the difference between a Manager and a Lead?

like

Guys from where can we collect 150 yrs goodies in PwC india Kolkata magnacon office? It will be my 2nd day at office since I joined in August end. Can anyone pls tell

Privates Containment Solution Procurement Update:

Thank you for your proposals. After reviewing your respective solutions, procurement has selected Uniqlo and Lululemon to deliver proofs of concept.

likefunny

I just saw that the NRA has an ad agency!? Ackerman McQueen. If anyone has worked there or knows someone who has I must hear their story. Because who the fuck would work on this??

like

Anyone here currently work or have previously worked at Sarah Cannon? I have questions about their career ladder/leadership structure.

like

Anyone here who interviewed for a product Ops role at Uber and can help with inputs on what to expect as part of interviews etc

like

Anyone have any insight on pay as an AE at Okta? It’s for mid sized customers.

like

Is anyone here good with google tag manager and linked insights tags and triggers? I need some help 😅

like
like

5 years ago I was an account intern with no book at a mediocre at best agency. No portfolio school. Today, I’m a writer at a top agency in NYC. Don’t let your dreams be dreams, friends!

likeuplifting

Average salary for a senior CW in Germany?

like

Additional Posts in Salary Slabs - Consulting

Fishes, I have a question :
As per my knowledge EPF interest is calculated month on month basis however it is credited at end of the financial year.

What if I transfer the EPF amount to other companies PF account will I be getting the whole year’s interest on the amount that is transferred at end of the financial year or else will it be on pro rata basis?

Here PF accounts are in two different trusts

like

Can anyone help me with the salary range for senior consultant role in adobe company? Technology stack- AEM and Java

like

What salary should JPMC offer for a 9+ years experience?

Hi , I have an offer in hand Accenture -17 fixed. Expecting an offer from MS soon! And my notice period is about to end - will have to wait for a few weeks before I can join MS. Should I wait? And not join Accenture? Or should I join Accenture and resign? Morgan Stanley Accenture

like

Hi Folks is it better to join family business or work hard for growth in IT industry.
My younger brother works with father in real estate business manages to make 2-3 Lakh per month and I am having 25 lpa.
My younger brother insists me to join in business by quiting job we both are married with kids.
I got job offer from dubai to work salary 22k aed but somewhere I feel guilty selfish of not working in business.
My father is neutral in this

like

Do anyone know how much salary do Infogainers get in Infogain United States.

like
like

Any feedback for Olx, engineering manager position ?

like

Hello All. I have 3 years of experience in java, My current CTC is 7.2 LPA. I got offer from @IBM 14.3 Fixed + 1 L Joning Bonus, @Synchrony 14.7 Fixed + 1.3 Benefits + 2 L Joning Bonus, @Azentio Technologies/ Candella labs 17 LPA Fixed. Can you please suggest.

like

Can someone please refer to me for the java springboot microservices role? Please do not ignore!! Please comment and I'll be sharing my resume. Thanks in advance

like

I have already asked for offer revision once, and they increased in company C1 , now I have other company C2 is offering more,

Can I ask company C1 to revise for second time ?
As I want to join C1.
I literally want to join C1

funnylike

I have 2 years of experience as a Test Automation Engineer and 6 months as an intern. (Total 2.6). For my next switch into a TAE/QA role, how much CTC can I expect considering my current CTC is close to 6.5lpa.

like
like

Hi Fishes,

Need help, can someone suggest what are the best options to save tax for below salary structure?

Post Photo
like

Hi Fishes, Can you please help me understanding per month inhand salary for the below breakdown? 6.5 YOE/UX Designer

Post Photo
like

May I know how much S & P global can offer for the position of Lead software Engineer in India?

like

Hi, can anyone help in calculating in hand monthly in order to help understand if this is a good break up.
Btw, my current base salary is slightly higher than this.. although total is less

Post Photo
like

Hi fishes,

Need an understanding of Salary Slab for a Global Product Management position in Spain, Senior management.

like