This is provisional offer letter , yet to receive original offer letter. Let me understand the ctc, variable pay, and in hand salary. 12lpa is the ctc right.

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Yes

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Your skills and YOE?

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3yoe java developer

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80-85k per month (after tax deduction)

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Capgemini won't pay variable pay. Everything is fixed except medical insurance everything is payable

What is the PF deduction here ?

Can i know how much time capgemini takes to release offer. I had salary discussion on early second week of Mar but didn't receive any communication yet. Shall I wait or move ahead?

Check with the recruitment lead or the Poc or the one to whom you gave the interview. Usually in these cases, they're interviewing other candidates and that's why putting you on hold. But do check with them for the confirmation

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It is 12ctc. Should come to 80-85k in hand

Is it after the income tax deductions

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Can someone help me in calculating the inhand salary

Around 85k

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Depending on how you utilise your HRA, your in hand after tax is 83K (I have taken 15K rent per month for this calculation)
So, more the rent you pay lesser the tax.
If you can make use of HRA, 80D, 80CCD to its fullest, you can get 0 tax as well.
When I say fullest
HRA - rent should be 23.5K/month
80D - 50K
80CCD - 50K

If u have Sodexo option, then another 24400 can be exempted from tax

If you invest on the above 80 categories, u can save tax efficiently

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Additional Posts in In Hand Salary Calculation👍

Hi fishes, Can anyone tell me how much can i expect in hand salary per month ?

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Hello folks,
Can someone help me in knowing the inhand salary for below ctc?

Thanks in advance!!

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Filed itr on 21st june, any idea when i can get the return

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Please calculate my in hand salary and let me know!!
Is this a good salary for Bangalore for a bachelor?

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Hello guys, can anyone please suggest how can i bring down the tax in the given CTC.
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What will be inhand per month

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URGENT!!!!!!

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What would be the in-hand salary?

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What will be in hand salary? 10.5 lpa

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Hi friends,
Just joined this bowl, could anyone help me with the in hand salary for this ctc ?
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Hi Folks,

Little off topic discussion. What tax regime is better and why for someone with salary 30 to 35 lacs? Please do share the reason.

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