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Additional Posts in In Hand Salary Calculation👍
Please help me with the in hand salary

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

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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
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.
A middle eastern company that focuses on middle east clients
In my case it's not even 25%, so is there any negative impact on my in hand salary or increment?
It will reduce your take home and increase savings like PF.
Good question ⁉️, you're a good question ❓
No, just fixed pay amount. No other breakup
Companies are yet to adapt to this...
How has it affected the in-hand salary ?