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Additional Posts in In Hand Salary Calculation👍
Hi Fishes.
Could you pls help me with the below?
My CTC is very low . Approx = YoE (4.5).
I'm currently nominated for H1b 2023 and the process is pending with USCIS approval after lottery. Heard that the H1B process would take months to get completed. Is it worth waiting for the process to get completed or should I make a switch . Kindly pour your suggestions .
Tata Consultancy IBM Amazon Infosys Wipro Capgemini Larsen & Toubro Infotech
What will be my inhand salary?
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39 k monthly
47 k every quarter
if you have managed tax
Can you tell how can I manage my tax for this?
+1
Hey I think you have to pay a tax of Rs.14,870
So monthly you have a deduction of Rs.1240 from your take home salary
Ways to Reduce this taxing.
1) Meal card - around 16,000rs(depends) but it will be a card that will be taken from your monthly salary and added to a card by employer.
2. Fuel card - same as above but amount will differ.
3.Telephone/internet tax saving - yearly mobile/internet bills can be submitted
4.open PPF account or A Life insurance Premium
5. pay parents insurance + other medical bills (upto 5k)
6.HRA house rent proofs can be submitted
And more are there
This is a small amount but easily manageable
Overall you have to show proofs of Rs.14,870 to avoid tax and at the end of the financial year just submit the proofs
RS.41,321 if you are getting the bonuses
After tax it will be Rs.40,081