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Offer from IBM - Help To Understand How Much Will Be My Monthly Take Home - CiteHR

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dearswtheart
I Request Your Help To Understand How Much Will Be My Monthly Take Home, In The Offer Which I Got From IBM Recently. Below Is The Salary Structure Compensation Components IBM Offer (Rupees.)
1. Annual Basic Salary - 621277
2. Annual Flexible Benefit Plan (FBP) - 838723
3. Annual Reference Salary (ARS) -1460000
4. Retirals
a) Provident Fund (PF) - 74553
b) Gratuity @ 4.8% - 29821
5. Annual Reference Salary + Retirals - 1564374

I Will Be Very Helpful If You Can Help Me To Know, How Much Will Be My Monthly Take Home(Excluding Tax)?. Thanks In Advance For Your Helping Mind.

From India, Mumbai
snrajaryan
9

Considering the components shared, your gross will be 14,60,000. Of which 12% of PF will be deducted, which is 74553. Hence your annual take home will be 1385447…

In the similar lines, your monthly take home will be 115455.
Basic Salary : 51774
FBP : 69894
Gross : 121668
PF Dedn. : 6213 (12% of basic)
Net take home : 115455

Note: Income tax not considered…

Hope it is clear. If you have any queries, please revert…

From India, Hyderabad
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