I recently join LTTS. They offer me 18.5 LPA CTC.
Out of that 1.5 lpa is variable pay.
1 lpa pf employer contribution.
50000 is gratuity contribution.
Base salary becomes 15.5 lpa
On that also they are deducting 1 lpa of pf employee contribution.
In Hand becomes 14.5 lpa.

But At the end I received 14 days salary which is 55k.
They did not deducted any tax or medical insurance.

I am confused what will be my in hand salary and

How I will save tax. What are best practices?

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