SnoozyPancake
SnoozyPancake

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

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10d ago
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CosmicPanda
CosmicPanda
TCS10d

What's your yoe and company?

PeppyDonut
PeppyDonut

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

SnoozyPancake
SnoozyPancake
TCS9d

3 YOE

CosmicLlama
CosmicLlama

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
PeppyDonut

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?

SnoozyPancake
SnoozyPancake
TCS9d

Thank you , so almost 1L ?

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