What would be take home salary if CTC is 7 lakhs per annum?

Summary of Salary Package in below table ParticularsAmount (INR)Tax liability including cess (New tax regime)INR 53,976/-HRA Tax ExemptionINR 51,000/-In hand salary (Old tax regime)INR 7,16,992/- per year (INR 59,749/- per month)In hand salary (New tax regime)INR 7,23,024/- per year (INR 60,252/- per month)How to calculate in hand salary from CTC in India? – WealthDrift wealthdrift.com › how-to-calculate-in-hand-salary-from-ctc-in-india

Read more

What will be my take home salary in India?

What is the formula for salary calculation? Take Home Salary = Gross Salary – Income Tax – Employee’s PF Contribution(PF) – Prof. Tax . Gross Salary = Cost to Company (CTC) – Employer’s PF Contribution (EPF) – Gratuity. Gratuity = (Basic salary + Dearness allowance) × 15/26 × No. of Years of Service.

Read more

What is the CTC for 15000 salary?

How to calculate CTC from basic salary DescriptionComponent of Salary (Per Annum)AmountMedical Reimbursements15,000Gross Salary6,75,000Benefits vary from company to companyMedical Insurance2000Provident Fund (12% of Basic)57,600 (12% of 4,80,000)What is CTC in Salary and How is Basic Calculated? – SumoPayroll www.sumopayroll.com › blog › ctc-salary-basic-calculated

Read more

How accurate is Glassdoor salary range?

Glassdoor salary information is self-reported and not verified, therefore some salaries are likely not correct . The better sources are the U.S. Bureau of Labor Statistics and Payscale.com. Salary details on Glassdoor are more likely to be accurate for larger companies with many reviews versus smaller companies.

Read more