Hi guys, Can you please help me with my in-hand salary for 20lpa fixed.
1. Employee and employer PF are deducted fully
2. 41k ko health insurance is deducted it will give 23k tax rebate.

And also any suggestions on how to get max in-hand salary.
EPAM Systems EPAM Anywhere

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If you don't show any investments or opt for new tax regime your salary will be around 1.15 lakhs. Show investments, hra, medical insurance if any you can get 10-15k more per month. But practically you cannot utilise maximum tax benefits. If you are able to show 1.5L 80c (includes employer PF) and around 1.5 or 2L HRA your salary will max out at 1.25 lakhs, plus or minus 5k.

Also note that currently your basic salary is only around 25% of your CTC. According to new wage rule, which mandates basic salary to be 50% of your CTC. This will increase your PF amount (both Employer and employee share) and gratuity, you will end up getting around 1.15 lakh in hand even after tax investments. New wage code is supposedly to come into effect from this July but not sure when it will be properly implemented.

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Your gross is 19.03 LPA. If you go with old regime and show 80C maximum savings and show House rent as well then you might get around 1.33 Lac Per month

YOE and stack ?

It will be around 1.3 lpa

Take a housing loan and buy a house in location different from state you are currently working in, that way you can get both HRA and tax deductions under section 24 for interest paid on home loan.

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