What will be in-hand monthly salary, only showing 1lakh HRA as investment.
Tata Consultancy

Post Photo
like
Posting as :
works at
You are currently posting as works at

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.

like

Oh okay I didn't know that... Thought it would be paid out monthly . Then it should be the currently salary - the monthly payout

like

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

like

Yoe?

YOE?

Related Posts

What is first year MBB partner comp? Was told it is significantly lower than the US. How does the comp change year after year?

Hi All,

What will be the In hand salary for this compensation in IBM Bangalore
YOE - 6.7 years
Technology - Salesforce Developer
Current CTC - 10

Thanks

Post Photo
like

What would be top end for manager in finance transformation area in Deloitte London? Will 85k base be high/ low for someone moving from other big 4, M+2 in Eastern Europe..Deloitte

like

Has anyone left big 4 or other PA firms tax transaction service groups for industry (or know of anyone)? What was the role and salary bump, how are annual bonuses/raises in industry, what is a typical work week (hours) like? I don’t think I can take this always on just to stay afloat life much longer. For context I am considered a high performer, am near the top of the salary band at my level and have a great supporting network at Deloitte. It’s just not worth it to have zero personal life.

like

Accepted an offer for 150k with another b4 (currently at D) with 4 YOE. I should be happy and jumping with this number but being an 1st gen immigrant, this number is too unreal/scary to me. Growing up I watched my parents struggle working multiple jobs from sunrise to midnight just to make minimum wage for us to have a good life but now it feels weird to be making this much? It feels like a party I shouldn’t be in, but here I am.

likeuplifting

Has anyone gone from a federal gov’t employee to private industry? I’m considering making the swap for better pay, I make decent money where I’m at and I know I have job security. Just trying to see if there is anyone else that was bold enough to make the leap.

like

Can anyone let me know about average salary at Morgan Stanley for analyst position given I have 2 years of experience. TIA

like

I have done with all rounds of Nagarro and Sapient. What should my exp CTC for Technical Manager profile. Nagarro @sapient YoE -14.5 CCTC - 26.7

like

What should be my expected salary for SDEIII(SDE3) in Walmart
YOE: 3.5
Current Organization: SAP
Current compensation: 13.6 LPA
No other offers in hand

like

YOE 15+
IBM 34 LPA
Global Logic 39 LPA
PM Role, Bangalore location.. which one should I choose? Please let me know.. IBM is not ready to negotiate.

Hi All,

Can anyone tell me the salary structure in IBM?
Compensation team told my variable will be 10 to 15% and there will be quarterly bonus depending on performance it seems?
Is this true? IBM

Best Regards

like

Has anyone gone through the deloitte cyber risk interview process recently? How many interviews did you have and how was the process?? Salary?

like

Hi,
Can anyone please explain the significance of band 6B in Kyndryl? What is the hierarchy of bands?

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

like

@GSK can anyone tell me about Haleon? Good company, culture, salary/benefits? Seen some open roles and I’m curious.

like

I have 6 year experience in project management.
What is the current market salary?
I am at 6lpa, how much should I expect in my next switch?

like
like

I’m an Environmental Protection Specialist and make pretty good money for what I do. I just feel like I have more to offer than being a worker bee in a system at 25. I work with a lot of retirees and would love to return in my latter professional years. I have my Bachelors in Applied Coastal Environmental Science and want to expand my options. Any suggestions that won’t require me taking a crazy pay cut? I’m pretty much open to anything.

like

What is the comp ceiling long term look like for staying in cloud consulting technical career compare to moving into SWE?

like

Hey! Considering negotiating my pay after 1 year of CT experience. In Florida my base is $29/hr. How much of a raise should I ask for (if they don’t automatically give one)? And should I wait to be a travel tech with another year of experience?

like

More Posts

upto how many relieving letter will be asked while joining a new company..example...i have changed 4 jobs...then all 4 relieving is required or only last job relieving is required ??

like

God damn I'm too young to be balding already. Should I shave it? I'm relatively fit and stylish.

like

Hi fishes

I am looking for someone who can get a refferal for a friend willing to get into IT industry as a fresher currently working at Tata technologies and is 2021 passout Knows Java and python
If anyone can help please DM

like

How do you leverage a conversation with a recruiter to have them help you find a role that's a better fit if the initial role they presented isn't something of interest to you?

like

28M (but look maybe 24), PA. Introvert, 5'9, eastern European/dark features. Love to talk philosophy but I can also be silly. Somewhat of a homebody but I do enjoy going out and exploring if I'm in company of friends. If I'm alone I'd rather be home and watch a psychological drama/thriller. LF someone who enjoys a balance of going out and lounging at home.

likehelpful

Hi,

What will be in hand salary

Post Photo
like

Any perspectives on Strategy& Deals Strategy team in the UK? How do they compare with the likes of other T2 shops (EY-Parthenon / LEK / Oliver Wyman) in terms of comp, sectors and clients?

like

Can anyone recommend a reliable handyman serving SW London? Some painting, correcting plumbing fixtures, fixing a few shelves etc. DM me pls!

like

Happy Labor Day - who’s working today? How was it? I’m working the evening at the dispensary. It was somewhat busy from 2-4, since 5 it’s been DEAD. 2 more hours to go, and I forgot my Kindle…

like

Dang, sorry I meant to comment on the post!

like

Hi fishes,
Need 11 likes to activate DM.
Thanks in advance.

like

What are the chances of me getting unemployment after quitting? I left for solid reasons that went unaddressed for months so will that have any impact on my eligibility?

What are the best agencies ( travel) for RN with one year of CVICU experience? Thank you

like

Hi All,

Looking for a switch in SAP MM CONSULTANT, any one can refer me 3+ years of yoe.
Location -pune.

Thanks

like

1YOE as a strategy consulting generalist, interested in breaking into PM. Would love to know which books / courses will get me in the best shape for PM, and if it’s worth looking into with my currently level of experience. Thank you!

like

What’s the best way to explain Yelp for MBA applications? Yelp

like

Is $100K a good offer for someone without a master’s degree, 4.5 years of experience in IT consulting? Business/data analysis specifically.

like

Anyone have any car rental hacks to get something other than a compact to show as a compact on the receipt? Traveling on federally reimbursable funds, so need to show a compact car. But hoping to get something nicer but not get flagged by the Bean Counters. Thanks!

likefunny

How can I live with my decisions and stop changing my mind about things?

like

Additional Posts in Consulting India

Hi fishes!!! I joined IQVIA few days back. My shift timings is 3 pm to 12 am in omega banglore - IQVIA. Will I get special shift allowance in my salary? IQVIA

How to check if one is member of EPS?

like

Hi friends
Need help one Refferal in Accenture. I have found one job position. Please comment here will ping you 🙏

like

!! Urgent !!
I joined a company and they changed my designation from senior analyst to engineer which i am taking it as demotion and i am not comfortable.
I want to drop mail and leave but since I haven't told about this joining to next I am not sure if i should tell it or please suggest. Yoe-6.5

Vmware is a good company to join ?

In January they laid off employees ?

like

If I am working for kpmg india, can I still apply for KGS externally? As in resigning from kpmg india and then joining kgs?

like

Hi Fishes,

Looking out for a referral discussion with anyone from JP Morgan Chase.
Please reach out!

How is Hexaware company .? I am having 7 yoe

Hi guys

Can some one please help me with in hand salary.
YOE - 4.6

Post Photo
like

What are the factors to decide whether a company has good work culture or not?

Need a mix of reactions please

likeupliftingsmartfunnyhelpful

Hi guys can you please help!

Don't know why but started feeling anxious.

In my current project, (I joined them 1 year ago), the work environment has always been very lazy due to which a lot of things have been delayed.

I started looking for a change and currently serving notice period with last working day on 05-sept with an offer in hand, but since my expected ctc was a bit more, I am still giving interviews. Cont. In comments

like

Can someone tell me abt lead school gurgaon wlb, hikes and work culture?

Hello Guys,

Can someone provide me referral for Data Engineering role at DUSI in Kolkata.

Already serving NP. Yoe - 3

Tech Stack - PySpark+SQL+Azure

Thank you.

like

Guys very much off topic .

Any housing project in Bangalore which you can term it as cheap and best , location not a constraint.

Looking for 2 BHK.

like

What does " Review in progress" status does mean in Infosys job application?? Does it mean a Safe zone that someone has cleared interview and they will get offer latter soon? there is a misconception for this status.. if someone has recently got selected in Infosys, please give your comments on this

Thanks in Advance!!

like

Could you please help us with this?

Post Photo
like
like

In December I joined one company (top service based company). From December onwards, I got a project. From day one I am working 12 to 14 hours a day and on peak times it went beyond 16 hours. Almost every senior person in team works like this only. Now it is impacting my health. When I discussed this with my manager he is telling me that he is also working like this and I have to deal with it. They hired me as a senior dev but now I am handling a team. Need help what should I do?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal