Software Engineer

Product Owner

Close to 1.4 lakhs post tax , if no hra component and 80c component being declared. 
  
  
 If.declared take home.would.be around 1.65

Chartered Accountant

Got a new offer for the role of Software Engineer  Frontend.  What would I be getting inhand ? Really scared of paying around 40k+ as taxes 🥺  Someone pls help me save as much taxes as possible an...

Welcome to Software Engineers's Private Community

Got a new offer for the role of Software Engineer - Frontend. 
What would I be getting in-hand ? Really scared of paying around 40k+ as taxes 🥺 
Someone pls help me save as much taxes as possible and If I can ask them to make any optimisations to the offer letter to save taxes

YOE : 2

New offer : Inhand Salary ?

New offer : Inhand Salary ?- Grapevine

Welcome to Moving Abroad's Private Community

I am currently working remotely for an American startup from India. I recently received my Visa and now have an option to move to US. I also have another job offer on-site in India that I am evaluating. 

My question is mostly on taxation and calculating in-hand salary. 

Current - 85 lacs base. Working as consultant. Registered GST. I am able to save tax and get to a post tax income of 75 lacs.
Savings 

New On-Site Indian offer - Base 98 lacs. 

My question is, what will be my post tax income while working as an employee in the Indian company.

Question on Taxation and Savings

Welcome to IT Company Discussion's Private Community

I got an offer from Accenture and they have not provided any salary breakup. Just only this.

What would be my in-hand salary in the new tax regime?

P.S.: HR is not responding to my calls.

What wil be the in-hand salary?

Technical Consultant

Welcome to Personal Finance's Private Community

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:-
1. Fixed - 14,40,000
2. Variable- 3,00,000
3. Retention- 60,000

How much in-hand salary should I expect?

Current CTC :14.3 LPA (Hybrid)
Experience : 2.7 years 

Offered CTC : 20LPA 
From a high growth fintech startup 
(5days wfo )

Should I accept?

Offer in hand ( Should accept) ?

Software Developer

I’m starting my first job this month, CTC-14L
I’m not sure but assuming I’ll get 80-90K in hand
Considering the job is in mumbai, the rent and other expenses would be high considering it to be 40-50K (pls tell how much it should be at max) 
Also how much taxes will I be paying and how to save it max
I really need your help, how do I start investing? Can I put all in Small cap MF, what would you advice? What should be the split between Stocks and MF, and in MF how much in which categories? 
Also it would be great if you can recommend the best 2-3 MF in your portfolio in each categories, and 5-10 stocks for Stock SIP for long term
Thank you so much 😭

First Salary Investing and Tax Saving| Really need your help

Welcome to Business Roles's Private Community

I am a fresher software engineer. I was an intern at a series A startup and they have offered me a pre-placement offer.

This is the breakup(Yearly):

Basic - 6L
HRA - 2.4L
Special allowance - 1.9L
Food allowance - 26.4K
Professional pursuit - 60K
Internet - 12K
Half yearly bonus - 50K

PF contribution - 2K

Total CTC - 12.5L

Apart from this, I've also been allocated 1000 ESOPs

Is there any scope of negotiation here? If yes, how do I go about it? 

Any advice/guidance would be very helpful!

Shall I negotiate in this offer?

got offer from infosys 12 lpa with 10.8 lpa fixed 

is it good with 4 years of exp and 6.5 lpa currently 

and how much will be my inhand

good offer

Hello folks, I have 6.7 YOE in Frontend engineering and have been laid off at existing startup. My total CTC is 25LPA (22 fixed + 3 Bonus). I have cleared technical rounds at Publicis Sapient for Lead Frontend Engineer (Frontend React) and have salary discussion round tomorrow. I would like to know a decent ask for the same. I am thinking of 32 LPA (30% increase to 25 LPA). I would like to know if anyone has idea about salary at this level and if its a fair ask.

Lead Software Engineer at Publicis Sapient

Lead Engineer

Those who are earning more than 50lpa base how much tax do you end up paying? 😶‍🌫️

Tax on 50lpa+

I am not from India, moved to London 4.5y ago and I'm considering a move to India.

But I struggle to understand the relationship between salaries <> lifestyle <> money saved each month.

Would be cool to learn everyone's salary, but also your lifestyle and how much you save per month. Can you help with the following template?

Role: 
City: 
Salary: 
Rent: 
Food: 
Transport: 
Savings per month: 

Any other costs I should factor in that you feel are necessary to consider?

Thanks for the help!

In London, might move to India (need help on salary/savings)

UX/UI Designer

Hi,

I'm positive about an offer letter from Deloitte in a couple of days, can anyone share the expected pay range in this company for a 9.5yrs experienced candidate as per current market standard. 

Tech stack - Java backend developer (Microservices) + Cloud native + ci-cd tools etc..
CCTC - 16lpa..
ECTC - what % can I ask.?
Note - 2 rounds of tech Interview went pretty well 8.5/10.

This is the 2nd switch in my career and i feel I'm pretty outdated with current trends.

Please share your inputs.

Deloitte offer negotiation tips

Senior Consultant

Hello,

I recently received a job offer for a Software Development Engineer 2 (SD2) position in Mumbai, and I'm seeking some insights and advice on evaluating the offer. Had to move to India because of personal reasons. Here are the details of the offer:

Location: Mumbai
Role: Software Development Engineer 2 (SD2)
Compensation: 22 Lakhs per annum (LPA) + 1.5 Lakhs in stocks
Years of Experience (YOE): 4 years, with a master's degree

While I'm excited about the opportunity, I want to ensure that the offer aligns with industry standards and my qualifications. Therefore, I'm reaching out to the community for feedback on whether this offer is competitive for someone with my experience and education level in Mumbai.

Additionally, if the offer seems to be on the lower end, I would appreciate advice on how to negotiate and potentially counter the offer. I'm particularly interested in strategies for negotiating a higher salary, additional benefits, or stock options.

Any insights, tips, or personal experiences from members who have been in a similar situation or are familiar with the tech industry in Mumbai would be immensely helpful. Thanks!

Current TC:- 0

Offer evaluation

Are there any tax benifits/ loss while working for a remote company while staying in India?

I'm told that the pay would be a bank - wire transfer every month or it could be a payoneer.

Are there any specific questions should i ask to get more clarity on this?

If you have any resource, please paste the link below ...

Getting paid in usd in India

I wasn't doing proper ITR, I was in the family biz for the last 6 years, recently joined a startup and they don't have any proper salary composition. My current salary is 35L in hand (2.9L per month). Apart from HRA how do I save in taxes? is there an app which does it for you?

Taxes 101? 40+ LPA

That’s right, Spill the beans! 💴💰

Example format
- Salary Per Month : 1,03,000
- Profession : SDE Backend
- Experience : ~ 2 Years! 

Looking forward to see if I am overpaid, underpaid or average paid 👀

What’s your In-hand Salary Per Month ?

Welcome to Product Managers's Private Community

I want to understand if you are also satisfied with your compensation?

How much do you really earn? Honest Answers Please 🙏

2.4 lakhs/month. 
      
 Not a developer. 
 Not in Tier 1 city.  
 Not in FAANG or whatever it’s called now. 
 No loans or EMIs for now. 
  
 Married to my GF of six years. She earns 1.3 lakhs/month. 
  
 Guess, I could say I am extremely satisfied.

Product Manager

I recently got a job offer at a well-funded remote startup headquartered in the US as a DevOps engineer. They adjust the salary package to account for the country so I won't be earning in crores... but I wanted to ask people who are in remote positions as to how to negotiate a salary that will be rigid more or less,no options are there to negotiate till a super high margin (maybe 10% max).

For example, they are offering 33 LPA currently, does that put me in a higher tax bracket and can I negotiate for a lower compensation so that I can be put in a lower tax bracket, say I ask for 29 LPA and ask for a joining bonus (or HRA) or some restructuring to do that? 

I don't understand how taxes work in India especially with remote payments but I'm hoping someone can offer the right guidance and resources so that I can look into this in depth later on as well. This is my first ever job and I got it straight out of college, so I do not mind even if they are paying me less than their US counterparts. This salary is more than enough to survive in a tier 2 city (will be shifting back to live with my parents).

I don't have much investments right nos, just a couple of FDs and some equity + debt funds along with stocks (mostly banks + chemical companies here and there). I can look into ELSS funds and what not if that can save up some taxes. I am considering talking to a CA about this too.

(Note: not comfortable with naming it even if this is an anonymous platform because it has like a strength of 50 and I feel it is irrelevant to the discussion).

TIA!

New offer : Inhand Salary ?

Discover More

Moving Abroad on

by Kendall Lee

Hubspot

Question on Taxation and Savings

IT Company Discussion on

by Karilyn Denver

Self Employed

What wil be the in-hand salary?

Personal Finance on

by Coy Olive

Cashfree Payments

How much in-hand salary should I expect?

Software Engineers on

by Jordon Lee

Stealth

Offer in hand ( Should accept) ?

Personal Finance on

by Blair Everett

Student

First Salary Investing and Tax Saving| Really need your help

Business Roles on

by Jordon Carmden

Zuddl

Shall I negotiate in this offer?

Software Engineers on

by Coy Lee

Accenture

good offer

Layoffs on

by Karilyn Hyrum

Publicis Sapient

Lead Software Engineer at Publicis Sapient

Software Engineers on

by Dezi Lee

Zepto

Tax on 50lpa+

Personal Finance on

by Kalan Hyrum

Stealth

In London, might move to India (need help on salary/savings)

Software Engineers on

by Isaiah Gabriel

Capgemini

Deloitte offer negotiation tips

Software Engineers on

by Karilyn Olive

UBS

Offer evaluation

Personal Finance on

by Jordon Lee

Stealth

Getting paid in usd in India

Personal Finance on

by Jordon Gabriel

Udaan

Taxes 101? 40+ LPA

Software Engineers on

by Jordon Carmden

velocity.in

What’s your In-hand Salary Per Month ?

Product Managers on

by Jordon Hyrum

Stealth

How much do you really earn? Honest Answers Please 🙏

Misc on

by Blair Carmden

Birlasoft

Tax savings and salary question for remote jobs