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Hi Fishes, I recently joined NielsenIQ on 13th and was offered with 2 lakhs of joining bonus. The first month's salary got credited yesterday but there's no Joining Bonus. So I wanted to know if you joined the same company or a different one, when did you receive it ?
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From next month you will get 94727-3127.
HCL might not deduct tax for this FY, but you will need to pay tax while you submit your IT returns for this FY if your taxable income exceeds more than 5lakhs. You will get 2 form 16 one from HCL and one from previous organization.
Thank you for the info 😊
From next month gross earning will be whatever mentioned i.e 94k but as your salary seems to be near about 12 lakh then u will be paying tax from next fy i.e April 2022. Go through tax rules and regulations, you may need to pay tax upto 5 to 6k per month if you show proper HRA, 80C and other saving plans
Note - your tax is not deducted here as HCL is taking your this 3 months salary into consideration which is not falling under tax payment category. In ITR, you may need to pay the tax for this salary also if your previous company and HCl annual salary cross beyond tax exemption category for this FY
Previous company, my package is 4.5lpa
Please help me.
How does all this matter? Your income is lesser than 5 lakhs for this financial year.
First declare your previous income to this organisation so you wouldn't have to face a headache later on.
It's projected for a reason. It'll change
Please raise an SSD and download form 12B and submit it asap otherwise you have to pay the intrest while submitting ITR.
Even I have the same thought, I am in the same category. Do let me know if you find any solution