I have received an offer from a reputed company with an annual CTC of 4,70,000 albeit including a lot of deductions. I am providing the salary breakup, could you please tell me what will be my "take home" salary after the deductions as mentioned, please let me know at the earliest as i have to join at the end of this month ;thanks in advance. basic salary:15,667 HRA: 7,833 Conveyance:800 Medical Reimbursement: 1,250 LTA: 1,250 Special Allowance:10,314 Employers Contribution to PF: 2,052 Total CTC: 39,167 Note: All statutory deductions like Profession Tax, Income Tax, etc will be deducted from the above gross salary.
07 November 2014
take home would be (15,667+7,833+800+1250+1250+10314)= 37114. A Pf of 2052 and Professional Tax of 150 will get deducted from this. Note(In most of the companies LTA and Medical reimbursement is paid at the end of year say in MArch...Please check this with HR of that company)
CAclubindia
