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SleepyQuokka
SleepyQuokka
Infosys

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.

4mo ago
2.1Kviews
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FluffyKoala
FluffyKoala
Stealth4mo

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
SleepyQuokka
Infosys4mo

Thank you for explanation!

JazzyWalrus
JazzyWalrus
TCS3mo

85k to 90 k Mine in 12.3 lpa and i recieve 80 to 83k per month + variable

SleepyQuokka
SleepyQuokka
Infosys3mo

Thank you

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