What percentage of your monthly income do you actually see in your check, your net pay? Basically, what percentage of your check goes towards all the different deduction? I get 50% of my gross income deducted.

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I see 45% of my income.

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After taxes and pre-tax retirement deductions, I get about 63% of gross

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I get less than half.

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I get roughly 60%. 40% goes to taxes and insurance premiums and other costs. We don't have city tax in GA. State income taxes are roughly around 5.75% thanks to Brian Kemp so not too bad. 😁

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I get 58% in hand. I save in the retirement plans so that should also be considered as earned or deferred income.

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Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

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Plan is to purchase some time after 2 years or so. Primarily to save up for a larger down payment.

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What should be the approx in hand?
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Apart from this, also let me know how else I can save tax.
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