Annual income in salary slip

Yes.... Experienced same.... Your tax deduction also decreases.... Let's say your lwd is in end oct so tcs will calculate the total amount paid to associate as salary from April to October and if it comes under the taxable income(including your investments) tcs will not deduct any taxes for those months..... However after joining the new company, when you will fill your itr in next April you will have to pay the taxes for those months.

Same for me too

Annual income is the projected income for the entire FY. If your LWD falls before that, it will adjust accordingly.