MagicalWalrus

How much in-hand salary should I expect?

Hello all, I have got a SDE-1 offer from one of the biggest fintech companies in India. What in-hand salary should I expect monthly?

The CTC breakup:-

Fixed - 14,40,000
Variable- 3,00,000
Retention- 60,000

21mo ago

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GoofyDonut

Stealth21mo

This will depend on if they’re paying variable and retention monthly or at the end of the year. For getting an estimate put the fixed with any tax deductions in a tax calculator — expect around 1.05 to 1.25

MagicalWalrus

Cashfree Payments21mo

Variable and retention will be paid at the end of 1 year

DancingNoodle

X (formerly Twitter)21mo

For fixed salary of 14,40,000 you can expect around 95k

MagicalWalrus

Cashfree Payments21mo

Okay

BubblyBanana

Stealth21mo

Multiply by 0.75 to get a ballpark figure assuming you’ve maxed out all tax saving instruments.

MagicalWalrus

Cashfree Payments21mo

Okay thanks

SqueakyQuokka

Globallogic21mo

Yoe? If fresher offer is good

SwirlyTaco

Salesforce21mo

Around 1 lakh 10 thousand

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