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Chief
Its very shame they gave me this hike after all I have done. Ready to leave now.
Chief
I got 6.3% :/
Rising Star
Trust the process, it would be 10 month
Rising Star
I'm getting promoted but I'm just getting 16%
My question is I have opted new tax regime for eg my previous year lta total amount is 99996 and if I divide with 12 I got 8333 as month . Also I got 2 months LTA in Apr, May-25 salary and the remaining amount showing as 83333 for 10 months.
Now LTA amount has been updated from 83333 to 108336 if I divide 108336 with 10 and I get 10833.
I promoted from con to senior cons
That’s means we got good hike but wait for letter or compensation page to be up, then only we can understand
You can check NPS if you have opted..It's updated.
But as per LTA, basic amount not matching with NPS calculation
It's for 12 months.. 10 months with new comp and 2 months with last comp
Its a 1 month basic salary, multiply by 24. You will get your fixed
I think the lta mentioned is for 12months not 10 months.
LTA is for 12 months
LTA is for 12 months we understand but 10 months LTA is remaining based on updated amount we will divide with 10 only not 12
We have to remove last LTA figure which is basis the older salary and then divide the remaining amount by 9 and then multiply by 12
Correct as per last year LTA we can see 2 days back remaining 10 month LTA balance if now we can see updated 10 months LTA amount. If someone opted for old tax regime and they didn’t claim LTA amount yet for this financial year then he/ she can divide the LTA amount by 12 not by everyone
Getting 10% hike as per NPS contribution update with promotion