maverick_robin
1

Hello,
I require to know the exact in-hand/probable figure for the CTC (and details) stated below.
Company: Leading firm in Bangalore.
The CTC offered: 7.5 Lakhs.
Following is the break-up -
1. Basic Salary: Rs. 25,000/- P.M
2. Flexi Benefits Plan: Rs.3,99,570/- PA
3. Retirals (PF @ 12% and Gratuity @ 4.81%): Rs. 50,430/- PA
Break-up of Item (2) available in the attachment.
Request the esteemed guidance of the members of CiteHR in ascertaining the In-hand amt.
Rgds,
Maverick

From India, Kochi
maverick_robin
1

Flexi break up details attached along with this post.
From India, Kochi
Attached Files (Download Requires Membership)
File Type: jpg Flexi Breakup.jpg (98.3 KB, 1327 views)

SUDHAKARA MB
Dear Friend,
This CTC requires hand full years of experience, provided on the sector which this position based. If you consider in IT, those with 4-5 years experiance will get this salary, when consider Banking, pharmaceutical and other manufacturing sector, this salary will be given for persons with 9-10 years of experience. Kindly state your domain of business, so that members can be able to guide further detailed.
Sudhakara MB

From India, Bangalore
balaji345
7

Dear Robin,
Have a look at this breakup. I have assumed Full tax rate which will be approx 5300 per month. You can invest under various sections of the IT act and get exemptions, which will reduce your tax liability accordingly. Your take home monthly will be approx 49.7K after tax, PF.

From Netherlands
Attached Files (Download Requires Membership)
File Type: pdf ctc breakup.pdf (12.1 KB, 1497 views)

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