Larsen & Toubro Infotech How much variable pay can I expect to get in Larsen & Toubro Infotech after joining in 1st April? Does they give 100% variable and is it given yearly or quarterly?

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Posting as :
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Yearly.around 70 to 80 %

June or july mostly

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Additional Posts in In Hand Salary Calculation👍

Hey everyone !

Need help to understand this.

Components:
Basic: 10,00,000
HRA: 6,00,000

HRA excemption Calc:
1. Provided by Company: 6,00,000
2. 40% of Basic: 4,00,000
3. Rent - 10% of Basic: Rent- 1,00,000

For tax exception, min of these will be considered.

Ques: Can I claim my entire HRA exemption of 4,00,000 (as per option 2) by showing annual rent of 5,00,000 ?
P.S.- I am staying at home with my parents and I can transfer the rent to my parents.

Thanks in advance.

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Hi 🦈 s

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I am bit scared/confused/not sure......

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