JazzyBurrito
JazzyBurrito
20mo

Let's start normalising CTC excluding TDS

First of all - We need a catchy phrase for Tax, because tax or TDS is too middle class. Let's say DGT - Direct Government Taxes.

For example, if you're getting a 30% hike, we must say hike of 20% + DGT.

Same way, your salary of 30LPA should be announced as 20LPA + DGT. Assume everyone has 7LPA income from ancestral FDs and rents and other stuff, and everyone is in 30% tax bracket by default.

WDYT?

20mo ago
SillyPenguin
SillyPenguin

Why is tds middle class?

JazzyBurrito
JazzyBurrito
20mo

Because only middle class pays it

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