
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

1.8 to 1.9 in hand

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

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