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PrancingMuffin
PrancingMuffin
WS Atkins

Dark side of CTC!!

Highly paid GV folks, is this true? After taxation, is all the hustle worth it? Share your thoughts..

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4mo ago
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MagicalBagel
MagicalBagel
Stealth4mo

Just plan your taxes well! I received 2L in hand at 30LPA. Receiving 2.42L at 34.5LPA.

Plan your HRA and other deductions properly, explore more tax saving avenues.

PeppyCoconut
PeppyCoconut
Cognizant4mo

You have housing loans?

PrancingMuffin
PrancingMuffin
WS Atkins4mo

Woah!! Your taxes are halved . Is it home loan or HRA, NPS, insurance, ELSS, what else🤔

GroovyPanda
GroovyPanda
Zepto4mo

Multiple your CTC with 0.065 and that will give you approx, how much you’ll get per month.

DizzyBiscuit
DizzyBiscuit
Morgan Stanley4mo

My in-hand is a very close figure by using this calculation!

SparklyMarshmallow
SparklyMarshmallow
Stealth4mo

But how do you get this number 0.065

DerpyMuffin
DerpyMuffin
Quizizz4mo

If I remember right 60 is 3,52,000 . 75 is like 4,20,000 and 90 is 5,20,000

PrancingMuffin
PrancingMuffin
WS Atkins4mo

Close to formula by @Katayi_bakchodi

PrancingBiscuit
PrancingBiscuit
Infosys4mo

For me 10 LPA =58000

SnoozyPancake
SnoozyPancake
Meesho4mo

How’s it structured? I’m in new regime, 54K at 7LPA

PrancingBiscuit
PrancingBiscuit
Infosys4mo

Basically it is 68 or 69000 only for 10lpa but I removed 10k perfoc3mce bonuses which they give every 3 months

ZoomyWaffle
ZoomyWaffle
Student4mo

Let see👀 cognizant 2.5 LPA
16k in hand 🥲🥲

PrancingMuffin
PrancingMuffin
WS Atkins4mo

Nirmala tai won't let you die happy😂

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