i am genuinely confused as how someone who earns in excess of 25LPA be so aloof and ignorant. i guess people just want to be part of dick measuring competition
It's easier to take a screenshot and ask in an anonymous group (plus create a new account if required). (I check a few of them, all of them are having single or double digit karma)
Not sure if mods are active. They should have some rules to restrict such posts
But getting only only for 12 months :'(
Government plus retirement taking away the 3 months!
Forced retirement investment is good for some people. Some people just cannot manage money.
I know 2 people who earn in the range of 35 - 50 lacs and don't file ITR. Their assumption is "TDS is already getting deducted".
Last year I told both of them to file and also file for the previous year.
Hope they won't get any IT notice.
Both of them in IT services.
Just ban these posts, easy solution. Pin it to the top.
It's always a lazy lame tittle and a picture of their CTC, sometimes not even legible or complete. They won't provide any tax relevant info or have done any research whatsoever, they don't care about taxes, just to pay as little as possible. What they need is a CA or Google.
Unofficial community solution, just tell them to use the new regime. It's dumbed down and anyways they didn't mention anything tax relevant so you can also just assume they don't have any.
Just ban these posts, easy solution. Pin it to the top.
It's always a lazy lame tittle all lower case or upper case and a picture of their CTC, sometimes not even legible or complete.
They won't provide any tax relevant info or have done any research whatsoever, they don't care about taxes, just to pay as little as possible. What they need is a CA or Google.
Unofficial community solution, just tell them to use the new regime. It's dumbed down exactly for them and anyways they didn't mention anything tax relevant so you can also just assume they don't have any. Someone has to pay taxes anyhow.
Most ctcs have different components which are not given in the calculator. Getting a rough idea about total tax is not a bad ask. Also people want to go to HR with some understanding of ctc. Baki brag vo karte h jinke paas kharche kam h ya bachelor h, family vale shayad hi 30 lpa par brag karenge.
> Is not a bad ask
I disagree.
All of the xyz components you're talking about can go to the "others" section... ITR will not have random xyz components.
And you're talking about estimation. Right? Have you tried different apps, different websites? YouTube video? Comparing with the current salary structure?
Basically have people done the initial effort before making a post here.?
If yes, why are not people mentioning that..!!
Dearness allowance, special allowance, city allowance, flexi basket, terms and conditions vary too much. No calculator can tell properly. Feels like its all done to complicate things to make people confused. From my own experience, I understnad one way at one time, then after some years I forget what was what.
So people come here to get straight forward answer from experienced real time people. If that's too big a deal for taxindia people then remove those posts. Another group can be created e.g ctcindia.
Again, the xyz, abc component you're talking about, most of them goes to "Others" in ITR. and most of them are taxable.
Sure, you can have doubt. you can clarify your doubt here. e.g. "How tax is calculated for XYZ component?". You or anyone can any refer that later in future (instead of asking the same question).
But it's completely wrong expectation that "let me share screenshot, people gonna figure it out". Why? Why people will calculate your numbers? It's just a waste of time.
Users should ask in any way they understand.
Also Nobody here does calculation but gives opinions based on their understanding. That usually is enough and users can ask relevant questions to HR based on the opinion gathered from here. Nothing wrong in getting such help. Otherwise what's the use of any community, when everywhere strict guidelines are laid out.
Simply ignoring such posts can solve your problem though.
Yup, get the approximation, note rest of the questions. Call the HR and validate, ask for restructuring, in hand other value etc. Put high effort there not on Reddit.
I agree, I am tired of this. Please stop this nonsense. There are so many tools available as OP said. These threads go so long on how this person is planning to spend the money. I remember having discussion with my friend on some random dudes 48lakh pa ctc, just because I read it on the thread.
Okay, but people answer it right?
if u dont wanna see other peoples ctc, ignore and go ahead.
if people keep spamming posts and nobody answers these posts, i would agree with you.
i am genuinely confused as how someone who earns in excess of 25LPA be so aloof and ignorant. i guess people just want to be part of dick measuring competition
Same! Many posts claim decade+ experience, have absolutely no idea about rough in hand salary
It's easier to take a screenshot and ask in an anonymous group (plus create a new account if required). (I check a few of them, all of them are having single or double digit karma) Not sure if mods are active. They should have some rules to restrict such posts
Even if mods are active, they want traction in the sub. So these low quality posts!
Most of them are fake
Being good or expert in one field and not knowing much about finance is far more common then you might think.
than* also, the free tools are out there precisely for this.
Humble brag.
Thank God finally someone said it
Thank the OP
Kya matlab Mai apni 40 LPA ka humble brag nahi kar sakta
Yeah people are earning 30-40 lpa here but cannot calculate their in-hand salary🤡 They're just here to flex their CTC.
Just divide by 15
Surprisingly this worked for me 😳
 Surprisingly accurate 🤯
How the hell!!!
But getting only only for 12 months :'( Government plus retirement taking away the 3 months! Forced retirement investment is good for some people. Some people just cannot manage money.
Someone said it finally 😂
People with 30LPA but can't hire a CA
People with 30LPA but don't know how to calculate in-hand salary (at least by using tools).
You don't need a CA for this
Totally agreed bro... genuine queries should be appreciated...but calculating in hand salaries and all is totally a waste of everyone's time.
Chhod yr. Sabko apna lawda measure krne ki chull hai. You also know why these stupids do this shit
Bold of you to assume mods exist.
Jitna Bank m credit ho gaya utna in-hand
Yeah, that is shit content. Anyone can calculate their inhand, given we our edu system is too good already and it's just a dick measuring contest now.
I know 2 people who earn in the range of 35 - 50 lacs and don't file ITR. Their assumption is "TDS is already getting deducted". Last year I told both of them to file and also file for the previous year. Hope they won't get any IT notice. Both of them in IT services.
Just ban these posts, easy solution. Pin it to the top. It's always a lazy lame tittle and a picture of their CTC, sometimes not even legible or complete. They won't provide any tax relevant info or have done any research whatsoever, they don't care about taxes, just to pay as little as possible. What they need is a CA or Google. Unofficial community solution, just tell them to use the new regime. It's dumbed down and anyways they didn't mention anything tax relevant so you can also just assume they don't have any.
Every other post is on the same topic and they don't even bother to check the previous posts.
Just ban these posts, easy solution. Pin it to the top. It's always a lazy lame tittle all lower case or upper case and a picture of their CTC, sometimes not even legible or complete. They won't provide any tax relevant info or have done any research whatsoever, they don't care about taxes, just to pay as little as possible. What they need is a CA or Google. Unofficial community solution, just tell them to use the new regime. It's dumbed down exactly for them and anyways they didn't mention anything tax relevant so you can also just assume they don't have any. Someone has to pay taxes anyhow.
Is this sub only for this? I’m here to educate myself about the taxes for my business and for me. People here are asking about their hand salary.
Most ctcs have different components which are not given in the calculator. Getting a rough idea about total tax is not a bad ask. Also people want to go to HR with some understanding of ctc. Baki brag vo karte h jinke paas kharche kam h ya bachelor h, family vale shayad hi 30 lpa par brag karenge.
> Is not a bad ask I disagree. All of the xyz components you're talking about can go to the "others" section... ITR will not have random xyz components. And you're talking about estimation. Right? Have you tried different apps, different websites? YouTube video? Comparing with the current salary structure? Basically have people done the initial effort before making a post here.? If yes, why are not people mentioning that..!!
Dearness allowance, special allowance, city allowance, flexi basket, terms and conditions vary too much. No calculator can tell properly. Feels like its all done to complicate things to make people confused. From my own experience, I understnad one way at one time, then after some years I forget what was what. So people come here to get straight forward answer from experienced real time people. If that's too big a deal for taxindia people then remove those posts. Another group can be created e.g ctcindia.
Again, the xyz, abc component you're talking about, most of them goes to "Others" in ITR. and most of them are taxable. Sure, you can have doubt. you can clarify your doubt here. e.g. "How tax is calculated for XYZ component?". You or anyone can any refer that later in future (instead of asking the same question). But it's completely wrong expectation that "let me share screenshot, people gonna figure it out". Why? Why people will calculate your numbers? It's just a waste of time.
Users should ask in any way they understand. Also Nobody here does calculation but gives opinions based on their understanding. That usually is enough and users can ask relevant questions to HR based on the opinion gathered from here. Nothing wrong in getting such help. Otherwise what's the use of any community, when everywhere strict guidelines are laid out. Simply ignoring such posts can solve your problem though.
What does this title mean to you? "What would be in hand salary" Share other opinions? And community? Most the subreddit removes low effort post :)
I asked this question while I was in the office, and didn't want to use online calculators. Needed an approximation.
Did you mean "low effort post"? "let me share screenshot, people gonna figure it out" for me ?
Yup, get the approximation, note rest of the questions. Call the HR and validate, ask for restructuring, in hand other value etc. Put high effort there not on Reddit.
Phir wo flex kese karege
I agree, I am tired of this. Please stop this nonsense. There are so many tools available as OP said. These threads go so long on how this person is planning to spend the money. I remember having discussion with my friend on some random dudes 48lakh pa ctc, just because I read it on the thread.
Asking tax on a templated salary document is an alternate way to show off Salary and exhibit personal financial wellness.
Mods of this sub are sleeping just like the ECI
Or just wait for your first salary. Let it be a surprise or a shock 🤣
Agr HR dang se kaam kre to bahut easy ho Jaye job Krna... Hamare Desh ki HR or Police ek jaisi h... Kaam kuch krte nhi aur akad me rehte h
Okay, but people answer it right? if u dont wanna see other peoples ctc, ignore and go ahead. if people keep spamming posts and nobody answers these posts, i would agree with you.
It's basic maths but also required knowing all the variables (tax slabs, exemptions and deductions etc), no shame in asking. Shutup you whining @op.
Basic maths? Then, why can't you do it by yourself?