
Expected Salary
I have almost 3 years of Experience and My Current CTC is 6LPA, What should be my ask while switching. It will be my first switch. I have Interview coming with Accenture for Flutter Developer (Mobile Dev) Role.
I hope this is not the case!
I have almost 3 years of Experience and My Current CTC is 6LPA, What should be my ask while switching. It will be my first switch. I have Interview coming with Accenture for Flutter Developer (Mobile Dev) Role.
27 Male ,got an offer of 20.5 lpa.
Most of the people I know here at grapevine are making way more and friends in my circle are making around 35-50 lpa.
Now I am confused,I have a lot of questions in my head.
Did I slack off?
Or did ...
I was earning 15 LPA at 6 yoe. Going by your standard I should have been crying every day!! In grapevine, top 10% ear...
Nope. This is very low. You should be earning atleast 4 CR per year at this age, else you will end up poor.
Ajeeb tareeka hai validation seek karne ka..
Highly paid GV folks, is this true? After taxation, is all the hustle worth it? Share your thoughts..
Just plan your taxes well! I received 2L in hand at 30LPA. Receiving 2.42L at 34.5LPA. Plan your HRA and other...
Multiple your CTC with 0.065 and that will give you approx, how much you’ll get per month.
I am a Product Designer at an Edtech Startup (raising 20m Series B soon) with almost a year (1) of full time experience but overall almost 3 (including internships) at some great companies.
As I am looking for a change what salary sho...
1. Internships don't count in workex 2. 1.25 in hand = 20-21 LPA. Seems high for 1 YOE in design. My friends with s...
With that experience, I'd expect 15-17LPA range given the experience, unless of course you're able to significantly i...
Bruh... The taxes are in slabs, not as a whole. If 12-16 is 15% then only the amount above 12 and below 16 lakhs will be taxed at 15% not the entire amount
Just FYI
@roct You are wrong. If you earning is above 12.75, then even your earning below 12 lakhs will be taxed as per that table. But this is nothing new, this was already in place since new tax regime came into existence (just amount limits and slabs got changed this year)
Looks like it
“Marginal relief ensures that taxpayers with income slightly above 12 lakh do not pay excessive tax compared to those earning 12 lakh or below. If a taxpayer earns ₹12,10,000, they would normally pay ₹61,500 in tax. However, under marginal relief, they will pay only ₹10,000, ensuring their net income remains close to ₹12 lakh.”
No, there's no case where a person earning more has a lesser take home than a person earning less. There's marginal relief up to 12.75 lakhs. So you'll get marginal relief for an income up to 13.5L (13.5L - 75K std deduction = 12.75L). The only catch here is a person earning 12.75L and someone with a 13.5L package will have the same take home.
What about CESS?
Simple answer to your question is yes.
I know but the actual answer is no. It is one and the same.
“Marginal relief ensures that taxpayers with income slightly above 12 lakh do not pay excessive tax compared to those earning 12 lakh or below. If a taxpayer earns ₹12,10,000, they would normally pay ₹61,500 in tax. However, under marginal relief, they will pay only ₹10,000, ensuring their net income remains close to ₹12 lakh.”
Just under how rebate under sec87A works. This is for last year that was 7L, but same is done for 12L this year. So if your taxable income in new regime is a single penny more than 12L, your rebate is gone and you have to pay tax from 5L onwards. 25% bracket is though a benefit in new regime from last year
yes kind of if your income is less than 12.75 no tax if up then you will have to pay tax as per slab. one thing is there will be marginal relief(not officially released anything but we can expect soon) like they do for people above 50 lakh and 1 crore in case of the surcharge.
on the side note ignore all the people questioning you about HSBC these are the types of people whom we see on the TV News debate on the road who themselves don't know anything but try to act smart.
Yeah marginal relief is there. It will continue as before.
The funny part about these people is that they can’t explain their point when asked. Because they don’t even know. 😅
But good to see that there are still some people who are standing up for what’s right. Anonymous platform truly shows the character.
By the way source: https://www.cnbctv18.com/budget/budget-2025-new-income-tax-slabs-rates-and-benefits-explained-faqs-19550767.htm/amp
Read more on marginal relief
If you earn 12.1 after standard deduction, your income tax would be 10k
For 12.6L , income tax would be 60k
You have to pay either income tax acc to slabs without rebate or the additional income over 12L (whatever is less)
But yes .. earning 12L-12.7L is the same for you
I thought there must be such provision but most of us are not aware. Thanks for highlighting. Any trusted resources you can share?
Ya, u can go n tell the employer , I wanna earn 11.9 irrespective of everything else
just read about marginal relief