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What is in hand salary for 5.4 LPA?
As per old tax regime your in hand salary will be Rs. 36,306/- approx per month.
What is the tax on 8.5 LPA?
8 lakhs per annum? If your salary is Rs 8 lakh per annum and you opt for the new income tax India regime, your income tax will be Rs 46,800. This will be without any exemptions/deductions.
Is 5LPA enough?
Five lakhs for big and expensive cities wont be enough, definitely you’ll survive, but I am sure, since you are a fresher, you are looking forward to “living life to its fullest”, but at this salary, first few years will be dull. But don’t worry, “Satisfaction lies in the effort, not in the attainment.
What is the in-hand salary of an engineer at Wipro?
The in-hand salary at WIPRO depends on the engineering college you are from . If you are from Tier 1 colleges like IITs or top NITs, their salary is about 52000 per month. If you are from Tier 2 or lower and mid ranked NITs and other colleges like BITS Pilani, Manipal etc., your salary in-hand is 36k per month.
What is take-home pay (in-hand salary)?
Take-home pay (known as in-hand salary in India) is the net salary after deducting income tax (TDS – tax deducted at source in India) and other deductions, from the gross monthly pay. The calculator can help you find your monthly net salary if you know your salary package. Basic pay or basic allowance is the starting point for any salary offer.
What is the difference between TCS and Wipro for Freshers?
Wipro wont provide sufficient hikes but might get a better salary and lenient work culture in terms of projects. The quality of projects given to freshers in TCS are pretty rubbish. Another major point in consideration in Notice period – 3 months notice period is required in TCS since 1st March,2016 as compared to Wipro’s 2 monghs.
What is the take home salary of a person with 87A?
As per secion 87A of the I.T.Act, income up to 3.5 lacs will attract no tax in the case of an individual. Therefore his take home salary will not be effected. It will be 3,50,000/12 = 29,167/- p.m. Study digital marketing analytics online.