TCS
TCS
on
DancingCoconut
DancingCoconut
8mo
by

Hi all please help to understand in hand salary

Annual Compensation Package Total CTC: ₹3,150,000.00 (subject to applicable taxes and statutory deductions)

Compensation Component Annual Amount (INR)

Basic Salary ₹1,102,500.00 House Rent Allowance (HRA) ₹551,250.00 Bonus (paid fully) ₹42,000.00 Benefits Plan ₹382,425.00 Additional Allowance ₹556,382.00 Provident Fund (Employer Contribution) ₹132,300.00 Gratuity (as per applicable law) ₹58,543.00 Health Benefit (Notional) ₹9,600.00 Variable Pay (Paid fully every quarter) ₹315,000.00 Total Cost to Company (Per Annum) ₹3,150,000.00

8mo ago
SillyPanda
SillyPanda
8mo

1.8 to 1.9 in hand

DancingCoconut
DancingCoconut
8mo

After tax deductions? I was trying to calculate. It came 142000 per month in hand after tax and Variable deductions. Felt sad as at 17.25 lpa at TCS I was already getting 112000 per month. Seems less increment as per switching to a new company

SillyJellybean
SillyJellybean
8mo

Nikal jaao bhai TCS se...kuch nehi bacha yaha

DancingCoconut
DancingCoconut
8mo

I need to understand quarterly vs non quarterly months

GoofyQuokka
GoofyQuokka
8mo

Jan apr july oct( 3.15/4)months u recieve the variable pay but they pay only 30percent of it revert quarter for grades above c2

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