Infosys
on

SnoozyMarshmallow
12moTrending @Infosys; Can't understand the difference between my fixed and take home pay
Hi All, I can't understand why there is a big difference between my fixed monthly salary and take home. After all deductions my fixed monthly is around 80k but my take home is around 60k. What is the reason? Can someone give me an explanation?
12mo ago

DerpyBanana
12mo
You have to subtract pf twice from your fixed monthly and then 5 percent of ex gratia component(it'll be given in March after it's accumulated) you'll have to subtract your gratuity as well You'll get your take home then

DizzyNugget
12mo
You need to consider employee contribution as well from the pf and also taxes.
Discover more
Curated from across