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=102083-4900 (emplyee pf)-4900 (employer pf)-1964 (gratuity)-income tax
If you can see your annual fixed pay which is month is 95219 and after adding pf and gratuity (which are your retirals ) comes your annual pay 102083) also your in hands depends on tax calculation as well
See u must hav shown tax as per exemption so as your in hand increases ,tax deduction affect and you have already showed tax so it depends, even if in next company your tax deduct you show n file itr to get return ..
Also if i am not wrong chk as pf decucted from both sides so only your contribution has mentioned in letter chk of out of in hand again pf deducted? I.e 4900 +4900
Thank you for your valuable responses
Hi your in-hand salary would be 95219 - 4900- 200.
That is 40,119/- (200 is Professional tax) . Further to this taxation will be deducted as per your investments.
Thank you
I usually calculate the CTC by 14 months to get a estimate of take home. 1225000/14=87500 (*est)