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Salary Discussions, Hike & Promotions
2mo
unforgettablewizard
·
student at
Indian Institute of Technology (IIT), Kharagpur

Help me to calculate in-hand salary.

How can I determine a fixed salary from this offer, and what should I instruct HR to include in that cash component? Do I need to take into account something that is urgent that is not right in this breakup?
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bouncypotato
2mo
50000-55000 in hand you will be getting.
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unforgettablewizard
author
2mo (edited)
student at
Indian Institute of Technology (IIT), Kharagpur
@bouncypotato thanks but Don't you think, I get in hand salary upto Total C rows... see more
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a deputy manager
2mo
Check it yourself using this link : https://www.ambitionbox.com/salaries/take-home-salary-calculator This will give you accurate results
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a senior executive
2mo
@a deputy manager oh man this is very useful I feel as well ...please use it.....its a life saver!
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intenseparrot
2mo
An Assistant Manager
Can someone tell me that what is MARS?
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swagpumpkin
2mo
An Ops Executive
@intenseparrot MARS in salary typically refers to Market-Adjusted Remuneration Structure, a framewor... see more
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hrterminator
2mo
currently not working
Your basic salary is very less and you always get hike on it. Look for a job offers you a good basic pay and your current employer is giving you hefty allowances which the other employer may not give
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unforgettablewizard
author
2mo
student at
Indian Institute of Technology (IIT), Kharagpur
@oldshinchan okay understood, but I asked this to HR. He mentioned the hike will be on CTC. How to v... see more
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warmbhelpuri
2mo
In hand you will get 55864 / month ( including professional tax deductions) or nearby PF deduction - 3624 LTA you will get annually - 6000 This is something you will be paid
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gurpreetsingh
2mo
56413 - 6087= 50,326/- I think PF will be deducted twice so I think your in-hand salary will be : 50326 - 1812 =  INR 48,514/-
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unforgettablewizard
author
2mo
student at
Indian Institute of Technology (IIT), Kharagpur
@gurpreetsingh why do you think that? I have to pay it once a month for what I understood.
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manjunathkure
2mo
works at
I am ok
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manjunathkure
2mo
works at
thanks but Don't you think, I get in hand salary upto Total C rows? Total D column will not come into in-hand. Then why not 56413 (some TDS will deduct). Am I right?
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goodlucky
2mo (edited)
works at
You will receive net take home Total - C = 56413 May be 200 professional tax will be deducted. If you provide an investment declaration then no income tax will be deducted. You will get exact total C amount.
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manjunathkure
2mo
works at
I am Aceepted
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