Hello,
I require to know the exact in-hand/probable figure for the CTC (and details) stated below.
Company: Leading firm in Bangalore.
The CTC offered: 7.5 Lakhs.
Following is the break-up -
1. Basic Salary: Rs. 25,000/- P.M
2. Flexi Benefits Plan: Rs.3,99,570/- PA
3. Retirals (PF @ 12% and Gratuity @ 4.81%): Rs. 50,430/- PA
Break-up of Item (2) available in the attachment.
Request the esteemed guidance of the members of CiteHR in ascertaining the In-hand amt.
Rgds,
Maverick
From India, Kochi
1I require to know the exact in-hand/probable figure for the CTC (and details) stated below.
Company: Leading firm in Bangalore.
The CTC offered: 7.5 Lakhs.
Following is the break-up -
1. Basic Salary: Rs. 25,000/- P.M
2. Flexi Benefits Plan: Rs.3,99,570/- PA
3. Retirals (PF @ 12% and Gratuity @ 4.81%): Rs. 50,430/- PA
Break-up of Item (2) available in the attachment.
Request the esteemed guidance of the members of CiteHR in ascertaining the In-hand amt.
Rgds,
Maverick
From India, Kochi
Dear Friend,
This CTC requires hand full years of experience, provided on the sector which this position based. If you consider in IT, those with 4-5 years experiance will get this salary, when consider Banking, pharmaceutical and other manufacturing sector, this salary will be given for persons with 9-10 years of experience. Kindly state your domain of business, so that members can be able to guide further detailed.
Sudhakara MB
From India, Bangalore
This CTC requires hand full years of experience, provided on the sector which this position based. If you consider in IT, those with 4-5 years experiance will get this salary, when consider Banking, pharmaceutical and other manufacturing sector, this salary will be given for persons with 9-10 years of experience. Kindly state your domain of business, so that members can be able to guide further detailed.
Sudhakara MB
From India, Bangalore
Dear Robin,
Have a look at this breakup. I have assumed Full tax rate which will be approx 5300 per month. You can invest under various sections of the IT act and get exemptions, which will reduce your tax liability accordingly. Your take home monthly will be approx 49.7K after tax, PF.
From Netherlands
Have a look at this breakup. I have assumed Full tax rate which will be approx 5300 per month. You can invest under various sections of the IT act and get exemptions, which will reduce your tax liability accordingly. Your take home monthly will be approx 49.7K after tax, PF.
From Netherlands
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Latest Hand book on FBT Sep.2008.pdf
HR Manual (Employee Hand Book).doc