JazzyBagel
JazzyBagel
12mo

Trending @Cognizant; Bonus Payout 2025

I just recieved E-Letter for bonus. Anyone knows how exactly CTS deduct taxes? For past few years they deduct some amount from bonus and the remaining from Match Salary. How can I estimate this?

12mo ago
ZestyNarwhal
ZestyNarwhal
12mo

How much bonus are you receiving that you will get tax on it? What’s your yoe

JazzyBagel
JazzyBagel

My annual Target gross compensation is 8.5L this year

JazzyBagel
JazzyBagel

My YOE is 4+ years

DerpyNoodle
DerpyNoodle

And amount reduction currently you are seeing in letter is as per your rating

DerpyNoodle
DerpyNoodle

Bonus is one time payout - so on it direct tax will be deducted based on which tax slab you fall under

March salary tax deduction - that depends on your actual proof submission for the investments which you have declared. So id you have not submitted the same investment proofs which you have declared. Tax will be cut as per your tax slab. You pay tax to government, nothing to do with CTS

JazzyBagel
JazzyBagel

Thank you sir!

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