Hi ,
Am bit novice in these accounts. Anyhow i just got appraised & pkg is 4 P.A. But my monthly salary after all deductions comes up to only 29k . Is this ok ?
Here are my deductions -
My Gross monthly(As Per offer letter) is 31448 after deductions of yearly
Employee contribution PF - 13925
Medical Allowance - 8703
After that again monthly deductions ,
EPF @ 12% - 780
Professional Tax- 183
Income tax - 1500(in 9 Installments startin dis month to end in March)
So is dis ok ??
Please let me know your valuable thoughts on this. I thought if i get a pkg of 4 P.A , my sal will around 31 atleast , but it seems almost 4k is going in deductions for tax & other stuffs.
Also any way to save this ? Please let me know if you need more information.
Thanks,
Gobind.
From India, Madras
Am bit novice in these accounts. Anyhow i just got appraised & pkg is 4 P.A. But my monthly salary after all deductions comes up to only 29k . Is this ok ?
Here are my deductions -
My Gross monthly(As Per offer letter) is 31448 after deductions of yearly
Employee contribution PF - 13925
Medical Allowance - 8703
After that again monthly deductions ,
EPF @ 12% - 780
Professional Tax- 183
Income tax - 1500(in 9 Installments startin dis month to end in March)
So is dis ok ??
Please let me know your valuable thoughts on this. I thought if i get a pkg of 4 P.A , my sal will around 31 atleast , but it seems almost 4k is going in deductions for tax & other stuffs.
Also any way to save this ? Please let me know if you need more information.
Thanks,
Gobind.
From India, Madras
hi u r misundertanding that 4 lac is ur gross.but actually 4 lac is ur CTC. so it includes PF contribution from ur as well as from employer side. regards samsheen
From India, Ludhiana
13From India, Ludhiana
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