Hi Sharks,

I have recently joined new organisation where my offer is 18fixed + 1.8variable.

I was having CTC of 8lpa in my previous organisation.

How could be the tax calculation for this year? How the tax is computed with 2 different CTC's? In which tax slab I would come under as per old regime?

I have joined in Oct with new organisation. Till Sept I was with old organization.

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

Can i know your year of experience.I also recently switched the company but no company is ready to pay above 10 lpa

funnylike

No.i have received offer from service based company.i am not ready for product based company now

So basically whatever you earned till sept in last org will be calculated + new org income and then deductions will happen on total income.

Just make sure that you provide all tax free components proof are submitted to your old employer.

Dm me at 7019194829 for investment and tax planning

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Just make sure to declare all investment details you had till September before leaving the company. That will help you get a proper form 16. Also declare your incomes in the new company so that the form 16 the new company gives you will have all the details. It will also help you avoid penalty due to non payment of advance tax.

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Not a problem!

+1

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You will be taxed for the total income.
So if you are aware of how much you have got from the previous organization then as that to the approximate amount that you will be getting in this organization.

The tax savings in 80C and other stuff are common for the year so do not negate that twice.

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Is it Lowe's?

+1

Tax is calculated based on gross income in a financial year.

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