I request your help to understand how much will be my monthly take-home in the offer which I got from IBM recently. Below is the salary structure compensation components IBM offers (Rupees):
1. Annual Basic Salary - 621277
2. Annual Flexible Benefit Plan (FBP) - 838723
3. Annual Reference Salary (ARS) - 1460000
4. Retirals:
a) Provident Fund (PF) - 74553
b) Gratuity @ 4.8% - 29821
5. Annual Reference Salary + Retirals - 1564374
I will be very grateful if you can help me to know how much will be my monthly take-home (excluding tax). Thanks in advance for your helping mind.
From India, Mumbai
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1. Annual Basic Salary - 621277
2. Annual Flexible Benefit Plan (FBP) - 838723
3. Annual Reference Salary (ARS) - 1460000
4. Retirals:
a) Provident Fund (PF) - 74553
b) Gratuity @ 4.8% - 29821
5. Annual Reference Salary + Retirals - 1564374
I will be very grateful if you can help me to know how much will be my monthly take-home (excluding tax). Thanks in advance for your helping mind.
From India, Mumbai
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Considering the components shared, your gross will be 14,60,000. Of which 12% of PF will be deducted, which is 74553. Hence your annual take home will be 1385447…
In the similar lines, your monthly take home will be 115455.
Basic Salary : 51774
FBP : 69894
Gross : 121668
PF Dedn. : 6213 (12% of basic)
Net take home : 115455
Note: Income tax not considered…
Hope it is clear. If you have any queries, please revert…
From India, Hyderabad
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10In the similar lines, your monthly take home will be 115455.
Basic Salary : 51774
FBP : 69894
Gross : 121668
PF Dedn. : 6213 (12% of basic)
Net take home : 115455
Note: Income tax not considered…
Hope it is clear. If you have any queries, please revert…
From India, Hyderabad
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