Question to the person who got offer letter recently:

Does your basic reflects 50% of gross salary as per new labour laws?

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Usually, the basic is 35-40%of fixed. If it is 50%, Pf contribution will be higher, leading to less in hand salary

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I don’t remember when this new labour laws passed and enacted. But I got my offer in Oct, and yes it reflects the 50% basic of total fixed CTC. I have no variable compensation in the offer as such (some companies inflate the CTC with variables), so the 50% basic must match the fixed not the variables if I am not wrong.

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A middle eastern company that focuses on middle east clients

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In my case it's not even 25%, so is there any negative impact on my in hand salary or increment?

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It will reduce your take home and increase savings like PF.

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Good question ⁉️, you're a good question ❓

funny

No, just fixed pay amount. No other breakup

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Companies are yet to adapt to this...

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How has it affected the in-hand salary ?

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Additional Posts in In Hand Salary Calculation👍

Hello fishes,
I have an offer from a startup with fixed 22 LPA.
Around what will be the in hand?
No epf is getting deducted, existing employees of the start up said so.

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Can someone help me with the in-hand salary?
I assume Its 1.24 including taxes. 20k is reserved for Performance pay, I believe they will atleast pay 50% i.e 10k per month.

Is this good offer for 4.2EOY?

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Hi Fishes,

Can anyone let me know about my inhand salary from this that i can expect?


Is 16lpa good salary for Bangalore as a bachelor?

Thanks

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Hi,
what will be the inhand salary after TDS deduction for 16.5 LPA.

No investments nothing.

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Hi guys,

I got my full and final settlement today but I can see no tax deduction. Does anyone know the reason. 4k tax used to be deducted every month till now. I also got gratuity and leave encashment along

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Hey Sharks,
How much should one expect in a top consultancy firm, back end role (reasearch team) ?
Location: Mumbai
YOE: 7

What will be in hand salary for this salary structure?

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Hi fishes, can you help me on how much I recieve in-hand per month. This is for tcs. Considering 80c is 1,50,000 @tcs

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I'm an accounts receivable expert with 8+ yrs of experience. I started with 96k per annum in 2014, and have worked with 4 different MNCs since then. Currently I'm getting approx 9Lpa, and it feels like I'm pretty much stuck here. Switching jobs increases the pay scale, while staying for a while reflects stability.

When I look at the other member's comments here, it seems majority of folks are earning 20-30Lpa or even more.

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What can I expect my in hand salary to be?Under old and new tax regimes?

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Please help me with the in hand salary

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Hi fishes may you please confirm the below:

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Hi fishes,
Can you help me with in hand salary?

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EY gds

Please tell me in-hand mnthly.

New tax regime


EY

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