Help me calculate in hand salary

Hi everyone,

please help me calculate in hand salary for below CTC (13LPA —- 45k variable) break up (acc to new tax regime) :

Thanks in advance

8mo ago

CosmicPanda

TCS

8mo

What's your yoe and company?

PeppyDonut

Accenture

8mo

In TCS the pf amount that employer has to pay is also taken from our CTC??

SnoozyPancake

Cognizant

8mo

3 YOE

CosmicLlama

Freelancer

8mo

Annual gross amount is what company pays to you in cash. It's gross amount. So reduce the taxes, the company PF contribution, you contribution to pf. That's your net amount.
If your offer says any of the "allowance" is variable, reduce that as well.

The "total compensation " line is the general employee benefits at company level. So no payable as cash to you.

PeppyDonut

Accenture

8mo

Could you please help me in understanding suppose ur CTC is 13 lpa, but after variable component and other deductions if it's 10.5 lpa, how much one has to pay tax?