To find out the "In-hand salary", divide your fixed CTC by 14... You will get your in-hand salary around that.
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Hi fishes,
I am planning a switch so was going through some salary data for a software engineer. My ex-senior manager recommended me a website: Growceed.com which helped me a lot in getting clarification about a lot of things but I am in doubt whether the average salaries of software engineer mentioned on Growceed.com really that much in top MNC companies.
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As per my experience atleast devide by 16
Lo aish kro 😁
This is pre tax and pre PF deduction. Everyone's taxation is different thus we can't have one table which fits all. I have found this to be pretty accurate nonetheless.
I always calculate it as below:
Till 5LPA : Multiply your CTC by 8
5-10LPA: Multiply your CTC by 7
Uske baad iske upar abhi mai pahucha nahi😀😂
Pahuch jaoge bhai next year... Don't worry... You will come under the 30% tax bracket... All the best 😁
This divide by 14, whatever amount you are getting should be pre tax right?
After This divide by 14....we need to deduct PF??
For me it is 14.3
It's right for me 😁