Guidelines

What is the in hand salary of software engineer at Google?

What is the in hand salary of software engineer at Google?

Average Google Software Engineer salary in India is ₹ 33 Lakhs for employees with less than 1 year of experience to 8 years. Software Engineer salary at Google ranges between ₹ 10 Lakhs to ₹ 98 Lakhs. Salary estimates are based on 505 salaries received from various employees of Google.

What is in hand salary in Microsoft?

So, you pay Rs 1.15 lakhs in salary. Your in-hand salary is Rs 10.85 lakhs. So, your monthly in-hand salary is Rs 90,417….Example of Microsoft CTC.

Range New tax Old tax
From Rs 7.5 lakhs to Rs 10 lakhs 15\% 20\%
From Rs 10.0 lakhs to Rs 12.5 lakhs 20\% 30\%
From Rs 12.5 lakhs to Rs 15.0 lakhs 25\% 30\%
> Rs 15.0 lakhs 30\% 30\%

Is it common for a software engineer to get 40 lakhs CTC?

No, it is not common for any salaried professional in India to get a CTC of 40 lacs in their lifetime. Forget software engineers with 20 years of experience, it is true for any graduate from any field with any amount of experience.

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What is the HRA amount for a 38 Lacs salary?

For a salary of 38 lacs , if you do the tax savins go 2 lacs , deduct the HRA , with a flat deduction of 30\% , you will still end up with around 2.25 lacs in hand. So lets say you rent a good apartment , rent : 35k , schooling and others : 10k , transport 10k, household expenses 25k.

How to calculate in-hand salary?

In-Hand Salary = Monthly Gross Income – Income tax – Employee PF – Other deductions if any The deductions could vary from each company and are based on your CTC ( Cost to Company ) package.

How many salaried employees in India earn more than 50 lakhs?

As you know salaried employees cannot hide their actual income and tax is deducted at source. The report says that only around 80,000 Indians got a paycheck more than 50 lacs. This includes all Indians in all professions across India.

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