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What will be my Inhand salary if CTC is 15 lakhs?
General Comparison Chart For Approximate Understanding by Ck
| Band | CTC (Yearly) | In Hand Salary |
|---|---|---|
| A | 20 lakh | 1,15,000 per month |
| B | 15 lakh | 95,000 per month |
| C | 12 lakh | 82,000 per month |
| C | 10 lakh | 63,000 per month |
What is the in hand salary of Tata Steel?
Average TATA Steel Management Trainee salary in India is ₹ 11.3 Lakhs for less than 1 to 2 years of experience. Management Trainee salary at TATA Steel ranges between ₹9.2 Lakhs to ₹ 15.4 Lakhs.
How can I check my hand salary from CTC?
- Usual salary structure components (fixed) of salary of an Employee.
- CTC offered by the employer = INR 9 Lakh per year;
- In hand Salary = CTC – Sum of above components.
- Net taxable income** (Old Tax Regime) = CTC – PF contributions (Both employee & employer contribution) – Food Coupons – HRA tax exemption.
What is the salary of employees in Tata Steel?
Tata Steel in Jamshedpur Salaries
| Job Title | Location | Salary |
|---|---|---|
| Junior Engineer salaries – 15 salaries reported | Jamshedpur | ₹35,829/mo |
| Internship salaries – 14 salaries reported | Jamshedpur | ₹10,737/mo |
| Manager IT salaries – 13 salaries reported | Jamshedpur | ₹10,49,591/yr |
| Researcher salaries – 12 salaries reported | Jamshedpur | ₹14,00,550/yr |
What is the salary of Tata?
Tata Group Salaries
| Job Title | Salary |
|---|---|
| Deputy Manager salaries – 10 salaries reported | ₹11,81,659/yr |
| Intern salaries – 8 salaries reported | ₹17,866/mo |
| Engineer salaries – 6 salaries reported | ₹4,25,621/yr |
| Design Engineer salaries – 6 salaries reported | ₹5,47,792/yr |
What is CTC and in-hand salary?
In-hand Salary = Gross Salary – Income Tax -Professional Tax The difference between CTC and in-hand salary are the various deductions that occur at the time of payout. The take-home salary can be increased by proper tax planning and avoiding any income tax deductions.
How much in hand salary will I get?
What is the formula for salary calculation? Take Home Salary = Gross Salary – Income Tax – Employee’s PF Contribution(PF) – Prof. Tax. Gross Salary = Cost to Company (CTC) – Employer’s PF Contribution (EPF) – Gratuity. Gratuity = (Basic salary + Dearness allowance) × 15/26 × No. of Years of Service.
What is the salary of Tata Steel manager in India?
Average TATA Steel Manager salary in India is ₹ 12.5 Lakhs for less than 1 to 31 years of experience. Manager salary at TATA Steel ranges between ₹8.3 Lakhs to ₹ 18 Lakhs. According to our estimates it is 10\% more than the average Manager Salary in India.
What is the difference between CTC and in hand salary?
Many individuals don’t even know the difference between CTC and In hand Salary and consider both as same but that is not the reality. It is to understand that in hand income is a part of CTC and the pay you receive consists of package deal which includes multiple variants into it along with the In hand Salary which one receives after deductions.
What is the take-home salary with 15l CTC?
So, to actually give you a close figure, take-home salary with 15L CTC would fall in the range of 80k-110k. What’s the difference between a CTC of 25 LPA and 14 LPA when the in-hand salary in both the cases is more or less around 1-1.2 Lakhs per month?
What is cost to Company CTC?
Cost to company (CTC) is a term for the total salary package of an employee. The CTC can include many elements in addition to salary/wages, such as health care, pension and allowances for housing, travel and entertainment. Tax is also deducted from the cash amount the employee receives directly.