Hi Can anyone help me with this.
I have been offerered a job with a fixded pay of 15.6 l
details of break up
5l basic
hra 2.5lackls
special allowance 7lacks
lta 50k
pf 60k
Can anyone tell me how much will i get in hand and any questions that i should ask the hr about.
22nd August 2018 From India, Jubilee Hills
Dear Satya,
Since the amounts shown under the heads L.T.A and contribution to P. F are fringe benefits, your take home salary would be the aggregate of the other items minus your contribution to E. P. F and T. D. S.
22nd August 2018 From India, Salem
According to me you will get in hand amount : 14.5 , as pf and lta would be reimburse after a time being. this would be beneficial if you can ask your HR that what all benefits and allowance are in special allowance.
Seniors can give you more clarity also.
22nd August 2018 From India, Delhi
Dear Satya,
Your total earning per year is taxable. Therefore, it needs to know your Income tax saving plan( LIC Premium, NSC, Tax saving FD, PPF etc.), House Rent if any, Amount of PF & PTAX will be deducted at source and so on to arrive at your actual take home salary. Moreover, whether all the components will be paid monthly basis or any other basis will also be required. Try to enhance your basic idea about Income Tax otherwise being a taxable employee and rules are changing every year, you will be in trouble .
Thanks & Regards,
S K Bandyopadhyay
USD HR Solutions
+91 98310 81531

USD HR Solutions – To Strive towards excellence with effort and integrity
22nd August 2018 From India, New Delhi
The gross monthly salary may be somewhere around 1.2L per month less taxes which depends on the savings, loans etc. You are eligible for standard deduction of 40k per year, housing loan interest etc apart from the 150k on the long term deposits/savings like LIC etc. You also have 50k exemption if you have NPS savings. But tax experts may be able to throw light on how to save the maximum whilst paying your taxes.
Thanks and Regards
22nd August 2018 From India, Hyderabad
Dear Satya,
Pls check attached Annexure A for your salary calculation.
23rd August 2018 From India, Thane

Attached Files
Membership is required for download. Create An Account First
File Type: doc ANNEXURE A (CTC)of Mr. Satya S.doc (43.0 KB, 59 views)

Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™