{ "media_type": "text", "post_content": "If anyone can help me understand the math behind my pf contribution coming as 1800 per month. Isn't it govt policy to have that as 12% of basic salary? Please help me understand this. Also what ll be the in hand monthly after 1.5 lac 80cc + 50k NPS deduction. Thanks", "post_id": "61e1c9dcb39af9002a6c7cd8", "reply_count": 7, "vote_count": 1, "bowl_id": "5f7ce32d622aa4002f22c104", "bowl_name": "Big 4 Discussions!", "feed_type": "bowl" }

You are currently posting as works at PwC India

If anyone can help me understand the math behind my pf contribution coming as 1800 per month. Isn't it govt policy to have that as 12% of basic salary? Please help me understand this. Also what ll be the in hand monthly after 1.5 lac 80cc + 50k NPS deduction. Thanks

1 reactions

4 months

Posting as :

works at

You are currently posting as works at

Posting as :

works at

You are currently posting as works at

You are currently posting as Nutanix 1

1.35L under new regime without HRA. A little less with old scheme. Using 8333 per month served no purpose since Rent paid - 10% basic is basically 0 for you. Try this app called Tax Calculator India for 2021-22. App developer is Quintet Solutions. It gives you a good breakup of everything. That is what I used for your in-hand calculation.

3 reactions

4 months

You are currently posting as PwC India

Thank you so much for all the info. Appreciate it

4 months

You are currently posting as One direct 1

Many companies calculate the pf as per the minimum compliance amount i.e. 15k. 1800 is 12% of 15k. But you can always increase your pf contribution by asking your employer to have your extra pf deduction under Voluntary PF (VPF). Max VPF could be 100% of your basic, and no rules are applied for minimum contribution. Hope this helps.

1 reactions

4 months

You are currently posting as PwC India

Thank you so much

1 reactions

4 months

You are currently posting as works at EY

Pro

Sounds like GT and Marcum are rolling out mid-year comp adjustments now too.

3 reactions

6 months

You are currently posting as works at Senior Technical Consultant

Is 28LPA good salary for 5 years of experience?

22 reactions

3 months

You are currently posting as works at Senior Manager

My query on Facebook (Meta) I have received an invite to schedule a call with recruiter. Any guidance for what to except and how to prepare for this call. My application is for HR Compensation role.

2 reactions

14d

You are currently posting as works at Google

I'm thinking about getting a Master's in Computer Science to increase my salary. Any thoughts? Currently have just a Bachelor's.

6 reactions

8 months

You are currently posting as works at Clarion Technologies

I gave technical interview at EPAM Systems for the position of Senior software engineer in Android technology. I have about 6.7 years of experience with a current CTC of 7.5. What salary shall I ask for if I am selected? Thank you

4 months

You are currently posting as works at OMD

What’s the salary range for a Media Planner in Chicago? Moving from NYC so just want to know. Thanks!

1 reactions

You are currently posting as works at Associate

Conversation Starter

If you try and negotiate salary, do you risk losing the offer? I really want to try and get some more $$ but afraid of the offer being rescinded altogether. Thoughts?

3 reactions

10 months

You are currently posting as works at Physician Assistant

Physician assistant what’s the salary an inpatient gastroenterology pa-c is making? Just a general number. No calls. 7on and 7off schedule.

2 reactions

a month

You are currently posting as works at Manager

How much a Level-7 TPM salary looks like in Amazon?

2 reactions

You are currently posting as works at EY

what is the salary for senior 2 working with assurance team in EY gds?

2 reactions

9 months

You are currently posting as works at Senior Principal

Coach

Help! Being offered 265k base at a competing firm at SM with more pto, more bonus potential and in general better benefits, but longer path to partner. Sounds like my firm is willing to counter at $260k. I’m about 3 years from partner here with a decent but not amazing network. Thoughts?

1 reactions

3 months

You are currently posting as works at Wipro

Conversation Starter

One of my friend completed his bcom and after that he done his MBA from some govt university in Bangalore. After that He joined infy on 2.4 lpa salary in accounts domain based upon the bcom degree not for the MBA degree. He has now 2.2 years exp but still his salary is 2.6 . He wants to move to IT . How it can be possible ? Or He should stick to this infy job . Please give suggestion 😊

2 reactions

23d

You are currently posting as works at Tata Consultancy

10YoE. SAP consultant. Infy(left) vs HCL(right). Which is the best offer? Note: 1.Infy giving 1.25L joining bonus. Where as HCL has no joining bonus. 2.Infy giving quarterly variable pay whereas HCL giving yearly variable pay.

1 reactions

5 months

You are currently posting as works at Deloitte

I have an offer for £55K as a senior consultant at a boutique firm in London (supply chain consulting). 10-15% bonus and £5K relocation since I'll be moving from North America. Good or bad offer? I have 5.5 YOE total, 2 in consulting

a year

You are currently posting as works at Infosys

Does cognizant provide joining bonus? If so why did the hr did not mention anything? Will they back out?

2 reactions

6 months

You are currently posting as works at Manager

How many years of experience did you have when your annual comp reached 250k/year?

5 reactions

6 months

You are currently posting as works at GlobalLogic

Anyone working at zee5? Howz the company and work life balance and salary structure?

1 reactions

3 months

You are currently posting as works at Batthula Gowtham

Hi , I am currently working in capgemini as a sr.softwarre engineer, i work as a production support engineer and I am looking for an opportunity with good salary hike. Please ping me for more details and resume.Tata Consultancy Cognizant Infosys

1 reactions

a month

You are currently posting as works at Leo Burnett

Aimed at Entry Level folks: How can you guys afford NYC/SF w/ entry level salary? (32-35K)

6 reactions

You are currently posting as works at Audit Senior

Do you negotiate salary if you don’t have another offer? If so, how?

1 reactions

a year

Additional Posts

You are currently posting as works at Betateam

Testing a new post at 12:06PT 5.12

1 reactions

You are currently posting as works at San Francisco

Comment on this to test rereply notif

You are currently posting as works at Pixable

Ah now it did.

1 reactions

You are currently posting as works at iTechArt Group

Post for likes

1 reactions

You are currently posting as works at iTechArt Group

Post with company

1 reactions

You are currently posting as works at Betateam

Testing for sound!

You are currently posting as works at Microsoft

New posts and

You are currently posting as works at iTechArt Group

Post new user

1 reactions

You are currently posting as works at Merkle

My company is now displaying!

2 reactions

You are currently posting as works at Deloitte

Why do all recruiters respond with “I promise I have not forgotten about you” when you follow up 🙄

12 reactions

a year

You are currently posting as works at Deloitte

Hi Guys. Need help evaluating two offers: 1. McKinsey - Associate in Risk Consulting - $165K base/30K sign-on. NYC/Chicago. 2. Facebook - Program Manager in Security and Privacy - $160K base/$100K RSUs over 4 years/$20K sign-on. Bay Area I have 6 YOE at Deloitte in Cyber since graduating college. Has always been a desire to work at McK but don’t plan to stay in Consulting long term. Was all set to join McK until this offer came along. Any advice on what factors I need to consider?

43 reactions

a year

You are currently posting as works at Advisory Consultant

Seen a few posts on keto lately. Have been considering it for a while. Thoughts from people already on it? Biggest pros and cons from your experience?

2 reactions

You are currently posting as works at Deloitte

It's now 10/6, UA's lucrative redemptions officially nerfed #PourOneOut

2 reactions

You are currently posting as works at EY

Has anyone switched from Big4 consulting to Private Equity? What was the process like? Is it worth it? EY Deloitte PwC KPMG Accenture

3 reactions

22d

You are currently posting as works at Management Consultant

Best resources to use to learn SQL?

2 reactions

You are currently posting as works at PwC

For all you accomplished professionals who have a “Advanced Management Leadership Program “ certificate from Harvard. You DID NOT go to Harvard Business School 🙄

32 reactions

You are currently posting as works at Deloitte

How hard is it to switch from Advisory to Consulting and would there be similar type work?

2 reactions

You are currently posting as works at Boston Consulting Group

Any folks run gigs consulting on the side?

1 reactions

You are currently posting as works at Manager

There are tons of books on goal setting, planning and optimizing everything that can be optimized. Are there any good books you’d recommend that talk about the opposite - going with the flow?

3 reactions

You are currently posting as works at Deloitte

How is Deloitte getting rid of S&O, Tech and HC? Can someone please shed some light on this? Are they going to go by Service Areas now?

4 reactions

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.

New to Fishbowl?

Enter work email

By continuing you agree to Terms of Use and Privacy Policy.
Messaging rates may apply

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

If anyone can help me understand the math behind my pf contribution coming as 1800 per month. Isn't it govt policy to have that as 12% of basic salary? Please help me understand this. Also what ll be the in hand monthly after 1.5 lac 80cc + 50k NPS deduction. Thanks

Related Posts

Additional Posts

New to Fishbowl?

New to Fishbowl?

New to Fishbowl?

Embed this post

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal