What would be post tax in hand salary for below offer if I go with new regime.

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Posting as :
works at
You are currently posting as works at

128k in hand... Without any extra tax savings...
Simple calc is..
Total income tax :: ( Package - 10 lac ) * 0.3 + 1 lac
In hand : ( Package - income tax ( from above) ) 0.88
This is for PF calculation which is 12% of basic.. basic is 50% of total... So PF is 6% of gross.. then 6+6 ( employee + employer ) to get 12% deduction as PF ..

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As ler this calculation, I am getting a close figure in my case till the package - 10lac formula.

0.88 multiplication is making it very less.

Close to 1.65 or lil less ( 1.83- 11k PF- monthly tax forecast)

Tax in new regime will be much more right?

Is it for Amazon?

Which company is it

146k in hand

Without tax redemption?

I have a similar comp, and using the new regime. The in hand for you will be ~130k

Thanks

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