Need help to dissect the offer and understand the take home salary - CiteHR
Ravi5554
Asst.manager -hr
Ayakkad
Hr And Soft Skills
Vaisu_21
Administration, Hr
Rattler
Service

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I am contemplating an offer. Would be highly indebted if someone could dissect the offer and let me know the in-hand salary.
I invest 1,50,000 in 80C, spend around Rs 8000 on medical insurance and also have 50,000 in NPS.
Request someone to help me decode the in-hand salary.
S.No. Components Monthly Annually
A] Fixed Component
1 Basic Pay 37500 450000
2 House Rent Allowance 18750 225000
3 Supplementary Allowance 54397 652764
4 Leave Travel Allowance 6250 75000
Sub Total (A) 116897 1402764
B] Retiral Benefits
1 P.F 1800 21600
2 Gratuity 1803 21636
3 Superannuation 4500 54000
Sub Total (B) 8103 97236
Total (A) + (B) 1,25,000 15,00,000
C] Variable 1,00,000
Total Cost to Company 16,00,000
Thanks.


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Dear Friend,
Your in hand salary is 1,15,097, other components are eligible as per the terms and conditions mentioned in your appointment letter.
Net Salary = Gross-PF.

Dear
Your in hand salary will be calculate as per below:
Net Salary = Gross- PF - P.Tax

Fixed salary minus PF, Income Tax, Professional Tax will be your take home salary per month
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