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Is it SAFE joining Wipro as technical lead (B3) with 37LPA? Knowing that package is pretty high as compared to collogues in same band. HR is not ready to give project manager(C1) position.
Appreciate your suggestions/input.
Would there be any scope of increment going forward?
YOE 8.7
Tech SF DevOps
Wipro Infosys HCL Technologies Tata Consultancy Cognizant
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Hi,
What will be in hand salary

Dang, sorry I meant to comment on the post!
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I'm considering your salary to be 8 lakhs as I see 30k is your retention bonus which will paid one time
After deducting your pf = 63.8k approx per month but..
Tax
Then comes your tax now, since your saying you have only HRA
you will get only an exemption of 40% of basic which is 60k only can be exempted
8 lakhs - 60k - 22k
7.2 lakhs is your taxable income
10% of (7.2 - 5) = 2.2 lakhs = 22k
5 % 5- 2.5 lakh = 12.5k
37k /12 =3k per month
60k is your in hand
Invest more in 80c, get a good medical insurance for yourself and your parents, and if you do feel that retirement funds are important you can invest in NPS.
Oh okay I didn't know that... Thought it would be paid out monthly . Then it should be the currently salary - the monthly payout
55-56k around. Every after 3 months u will get extra 10k as performance bonus. If u add ur parents in Health insurance. Then it will deduction extra
Yoe?
YOE?