SleepyQuokka
What will be in-hand salary for 13.4 LPA fixed
I want to know in-hand salary for 13.4 lpa which is fixed CTC I got and variable pay will be upto 10% depending on performance.
15mo ago
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FluffyKoala
Stealth15mo
Rs. 70000 per month in hand.
Generally around 40% of the CTC gets deducted for taxes and other benefits, leaving about 60% as in-hand salary.
So rough empirical formula (from observations in various companies) from CTC to monthly in-hand is:
In-hand per month = (CTC * 0.6) / 12
SleepyQuokka
Infosys15mo
Thank you for explanation!
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