Hi all,
I have been offered final placement by one private company. it is offering me 2.75lacks/annum fixed pay. salary break up is as follows
basic - 8021
HRA - 4011
T A - 800
Medical reimbursement - 1250
LTA [Leave Travel Assistance] - 1671
personal pay - 6201
pf - 963
please tell me what would be my take home salary. package shown here is written as fixed pay in offer letter. I'm confused. plz help me. my mail ID is
Rajesh
From India, Pune
I have been offered final placement by one private company. it is offering me 2.75lacks/annum fixed pay. salary break up is as follows
basic - 8021
HRA - 4011
T A - 800
Medical reimbursement - 1250
LTA [Leave Travel Assistance] - 1671
personal pay - 6201
pf - 963
please tell me what would be my take home salary. package shown here is written as fixed pay in offer letter. I'm confused. plz help me. my mail ID is
Rajesh
From India, Pune
Hi Rajesh, Your take home will be Rs.20028/-(p.m) CTC(Per Month)=(Basic+HRA+TA+Medical Reimbursement+LTA+Personal Pay-Pf(employee cont)-Pf (employer cont)
From India, Madras
From India, Madras
HI Rajesh,
Your take home pay would be in the following manner:
Basic+HRA+TA+Medical reimbursement+ personal pay - PF (contribution by employee)
NOte: Not sure whether LTA would be your monthly payable component or annual component which most of the companies link with earned leave.
So, your take home pay would be INR 19,320 per month.
From India, Madras
Your take home pay would be in the following manner:
Basic+HRA+TA+Medical reimbursement+ personal pay - PF (contribution by employee)
NOte: Not sure whether LTA would be your monthly payable component or annual component which most of the companies link with earned leave.
So, your take home pay would be INR 19,320 per month.
From India, Madras
Dear Rajesh,
Your Monthly Takehome will be :
Basic + HRA + Personal Pay + Medical Reimb(This is against claim, i.e. you have to submit medical bills) - PF(your contribution).
The LTA you can claim after confirmation and that too 'one time' in a year.
I hope now you can calculate..
Your Monthly Takehome will be :
Basic + HRA + Personal Pay + Medical Reimb(This is against claim, i.e. you have to submit medical bills) - PF(your contribution).
The LTA you can claim after confirmation and that too 'one time' in a year.
I hope now you can calculate..
Dear Rajesh,
Your CTC per month is Rs.275000/12 = 22917
Pay proposed is Rs.8021+4011+800+1250+1671+6201+963 = 22917
Take home will be : (8021+4011+800+1250+1671+6201)-(PT 200 +(PF963+963))=20791
If company mentioned in your Offer letter that LTA will be paid after one year you will get 20791-1671 = 19120.
I hope this will clear your doubt.
Thanks
kumar
From India, Hyderabad
Your CTC per month is Rs.275000/12 = 22917
Pay proposed is Rs.8021+4011+800+1250+1671+6201+963 = 22917
Take home will be : (8021+4011+800+1250+1671+6201)-(PT 200 +(PF963+963))=20791
If company mentioned in your Offer letter that LTA will be paid after one year you will get 20791-1671 = 19120.
I hope this will clear your doubt.
Thanks
kumar
From India, Hyderabad
Your monthly & annual will be as follows:
Monthly
Annual
Basic
8021
96252
HRA
4011
48132
TA
800
9600
Personal Pay
6201
74412
PF Deduction
( - )963
PF contribution (Employer)
11556
Minimum Bonus
Medical Reimbursement
1250
15000
LTA
1671
20052
Take Home (Pre-TDS)
20991
Annual CTC
275004
With best wishes,
D.C.SAXENA
From India, Delhi
Monthly
Annual
Basic
8021
96252
HRA
4011
48132
TA
800
9600
Personal Pay
6201
74412
PF Deduction
( - )963
PF contribution (Employer)
11556
Minimum Bonus
Medical Reimbursement
1250
15000
LTA
1671
20052
Take Home (Pre-TDS)
20991
Annual CTC
275004
With best wishes,
D.C.SAXENA
From India, Delhi
Dear Rajesh,
Please remember if you want to calculate your monthly take home, you calculate on the basis of basic+HRA+TA+PPay = Rs.19033 less PF(yr contribution)less Prof.Tax. Med.Reimb.will be paid separately after submitting bills that depends how you submit monthly, quarterly etc. Also if you are eligible for IT deduction, company deducts monthly if you do not provide your tax saving proof. LTA you will get when you take leave, i.e. after completion of one year. We do not know whether company while offering you has included Gratuity and Insurance contribution, if any, as many companies do.
Regards,
Govind Desai
mailID:
From India, Mumbai
4Please remember if you want to calculate your monthly take home, you calculate on the basis of basic+HRA+TA+PPay = Rs.19033 less PF(yr contribution)less Prof.Tax. Med.Reimb.will be paid separately after submitting bills that depends how you submit monthly, quarterly etc. Also if you are eligible for IT deduction, company deducts monthly if you do not provide your tax saving proof. LTA you will get when you take leave, i.e. after completion of one year. We do not know whether company while offering you has included Gratuity and Insurance contribution, if any, as many companies do.
Regards,
Govind Desai
mailID:
From India, Mumbai
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Salary slip final.xls