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Salary Discussion
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SqueakyBagel
SqueakyBagel
17mo
by
EY

Post tax in-hand salary & FIRE

Hi, how much would the 53 lakhs CTC in-hand income be? as well as your advice on establishing retirement finances and investing for children's(2 kids) schooling. Taking into account that at forty years old, I am the sole breadwinner for my family and have never saved any money.

17mo ago
SillyPenguin
SillyPenguin
Salesforce
17mo

If base is 53, then you will get around 310000 per month take home. ±10k based on your declaration like hra, lta, etc. No suggestions advice on your other questions

BubblyCupcake
BubblyCupcake
Stealth
17mo

Interesting numbers. With new tax regime I am assuming it gets a bit lower

SnoozyPancake
SnoozyPancake
Walmart
17mo

I have 60 base and get about 3,30,000 as take home after taxes ? How did you arrive at 3,10,000 take home ?

BubblyCupcake
BubblyCupcake
Stealth
17mo

It’s not too late to sort out your finances.
You need to however have a good clarity on your monthly expenses and future goals.

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