DizzyBagel
DizzyBagel
4mo

Trending @Accenture; Regarding one time tax deduction after VP

Just received 10% vp in this cycle, after which the tax on the total salary equals ~ rs. 75k. Before it was 17k without the variable pay. So any ideas how much will be deducted as a one time tax please.. Hope it's not 50k deduction at one 🥹🥹

4mo ago
SnoozyNugget
SnoozyNugget

Now you crossed the 12.75 rebate limit in new tax regime so you have to pay tax on full as per the slab

DizzyBagel
DizzyBagel

Thanks for your reply, it means 50k tax deducted once or will it be divided monthly, any idea ?

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