Personal Finance Community

by LokiPen

Stealth

10 days ago

CTC to In-Hand CheatSheet

Seems a valid calculation to me. You can refer to it probably next time when you are discussing pay or pay raise. The og author has calculated like this: 'This is almost the best-case scenario without the variable component. 12% PF deduction and 50% basic salary is considered for calculation.'

HoarseShore

Flipkart

8 days ago

Can you provide the same for 15cr, just wanted to check if I am negotiating right. Provided an offer of 14cr, need to check the difference if I ask for 15cr 😎

Dekisugi

Salesforce

8 days ago

Goli beta.. Masti nahi..

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Cosmicgod

Stealth

8 days ago

Here my bro thinking thinking about 15cr , aaur yaha job nhi mil rhi .life is tough

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ValidTopic

Google

10 days ago

1 cr pe 5 - 6 lakh hi aenge bss....

ffnn

Stealth

10 days ago

Yahi jeevan hai bhai

FireHawk

Javis

10 days ago

Bahut kam hai yaar…kaafi zyada tax kat raha hai

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ChasingGrowth

Microsoft

10 days ago

Harsh reality of taxation right in front of us!

LokiPen

Stealth

10 days ago

Unfortunately yes

ChiefZone19

Infosys

8 days ago

Not right, infy me ye bhi jada hai 😅😅 isse bhi kam aati hai in hand

TommyBhai

A large US based MNC.

10 days ago

Doesn’t look right

LokiPen

Stealth

10 days ago

I found it appropriate for a few ranges I have personal experience with.

Grim

Student

10 days ago

1Cr is accurate

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DefiantStack

Stealth

8 days ago

Teep liya linkedin post se... Aur chipka diya yahan pe..

LokiPen

Stealth

8 days ago

Not from LinkedIn got it in one of the messaging app forums and found it to be correct if we consider first column as CTC so thought of sharing it

HopeDespair11037

ZS Associates

8 days ago

Kahi se bhi laye kaam hi to aara haina

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Cloudguy

IBM

8 days ago

What's the point of getting 5 to 6 lakhs in 1cr package..

LokiPen

Stealth

8 days ago

Still it's better than getting whatever lacs per month you are getting isn't it

ValidTopic

Google

8 days ago

Sahi main no point...loot machi hai

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admiN

Stealth

8 days ago

"in hand salary" should be CTC in the table.

LokiPen

Stealth

8 days ago

Yes that's correct

wizzybiz

US Based MNC, India location

8 days ago

In Hand salary should be "fixed CTC" in the table

Bluee

TCS

8 days ago

Upto 30L seems 95% right diff are from variable & taxes.

AttentiveTruck

Cognizant

8 days ago

Not accurate . My CTC is 4.5 and in hand I am getting 30.5 k. If u add gratuaty or something then it comes to 32k

LokiPen

Stealth

6 days ago

Is your basic component 50%, if not then this variance is expected.

Polonium_Biscuit

Stealth

5 days ago

my friend gets almost 34k with 4.5ctc

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SandyPepperoni

Cisco

8 days ago

I usually do: (Total Comp - (Employers PF + NPS contribution + Gratuity - RSUs)) x 0.061 = In hand Salary per month Note: Works fine for 30% tax slab salaries and above You can adjust 0.061 (if it's on the higher end) to 0.065 (if you are making about 15L after all the deductions as calculated above)

LokiPen

Stealth

6 days ago

Seems like a legit formula. Thank you for sharing this.

PunctualUsual

Mahindra Logistics Limited

8 days ago

Very useful thread on grapevine

Productmanager

Stealth

8 days ago

Mera linkedin content yaha aaakr likh diya🙃

LokiPen

Stealth

8 days ago

Got it in one of the messenger app forums. Thank you for creating this. Just a suggestion to make the column names more clear next time (like the first column name this time)

WorthySpan

PhonePe

7 days ago

If someone could explain me the tax logic in new tax regime based on the above in hand salaries.. have been struggling with the taxes 😭😭😭

LokiPen

Stealth

6 days ago

For the new tax regime you can check with your company finance team and/or with your CA. If it's not possible then refer to cleartax.

LinedAlert7

IBM

8 days ago

This is accurate for my salary ranges

LokiPen

Stealth

8 days ago

Same here

Dekisugi

Salesforce

8 days ago

Accurate ranges.

DiscreteGrin

TCS

8 days ago

6.5% of your CTC is your take home salary !

Sparkle

Accenture

8 days ago

This is so sad guys 😔

Capacitor

BYJU'S

8 days ago

The first row, it is CTC right? Not "in-hand" as mentioned. Or, may be this is the fixed component, the salary without the variable and esop and what not.

LokiPen

Stealth

8 days ago

Yes the first column is CTC

Ungabubga

Avery Dennison

8 days ago

🤣

SANDMAN

Accenture

8 days ago

People will copy paste every fucking thing. Been seeing this in LinkedIn. Not 100% accurate

LokiPen

Stealth

8 days ago

I haven't claimed or intended to claim it is an original post. I got it in one of the messenger apps based forums for professionals. For my salary range I found it to be accurate. And from the comments many other people also seem to find it accurate. So while it may not be 100% accurate, it doesn't mean it's absolutely inaccurate too.

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by CoolSender7

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4 months ago

What will be my in hand pay if my CTC is 14lpa in tcs

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by FreeThinker

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2 years ago

Is this a good way to negotiate expected CTC?

An example scenario: Let’s say my CTC is 34 LPA + annual stock payout of 5 Lakhs. My total yearly earning potential is 39 LPA. In the new role they don’t have a variable or stocks. Is it reasonable to ask for a 25% hike on the overall earning potential? So the new CTC is 49 LPA. I haven’t switched my employer in the past few years so currently is lacking the clarity on the way how negotiations are done. Kindly help by sharing the best practice.

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by Vagabond_Ladka

Stealth

a year ago

CTC to in-hand

I work for a consulting firm that pays me the entire CTC amount. I understand this is very different from nearly all corporates, where the amount received finally is very different from the CTC stated. What is on average, the ratio of the salary in-hand to the CTC?

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by AnonymousPikachu

Godigit

10 months ago

need to understand CTC

I have got a new offer from a new company. can any HR here help me with my CTC breakup understanding?

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by 32bit

Capgemini

5 months ago

TCS - C3A - Assistant Consultant

Got an offer for C3A role (total yoe - 9.8yrs) for 26lpa. 1) Should I try to get C3B role for my experience 2) For VP - there are 2 components listed (i) Monthly Performance Pay - 15k (ii) Performance Pay (Quarterly) - 22k 3) What is an emergency fund in TCS.? I feel 17% VP (4.5L) in total CTC (26L) is too high. The HR said, this 15k monthly will be paid in full. And quarterly pay of 66k (22k x 3) will also be paid. Is this true or some deduction will be there? Please let me know if this is the norm VP in TCS and share some tips to negotiate for more fixed pay.. TIA

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by HastyBrand7

Infosys

20 days ago

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.

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by AccessDenied

FIS Global

4 months ago

TCS - Need help to figure out Take Home salary

Hello friends, PFA the compensation sheet for 25 lpa CTC for TCS. Can some please help me to calculate approx take home salary? Please consider 1.5 lacs standard 80C deduction and 26000 as HRA per month. No other deductions apart from mentioned in the sheet.

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by AttackHelicopter

Stealth

a year ago

How do you tackle these questions? I share these everytime but don't find them comfortable.

Misc on

by FinanceDev

Student

a year ago

How does this CTC breakup look to you guys? Is the inland, base/12?