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1 Crore Salary | IIT Placements Reality | CTC vs Take Home Salary #shorts #iit #engineer #salary
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Layoffs, recession, and 1 Crore salary? CTC vs take home salary, reality of IIT placements such as IIT Delhi, IIT Bombay, IIT Kanpur, and components of package are key elements of this video! So if you’re preparing for JEE mains 2023, just with this Rs 1 Cr package in mind, let us tell you the reality of it. Despite the economic uncertainty, many of the IITians have bagged packages of 1 crore and more. But all that glitters is not gold, in the same way; this package of 1 crore is not what it seems to be. Pre covid the Fixed-to-other components ratio was 70:30 but now it is 60:40 and even 50:50 in many cases. So the package of 1 crore or more includes Rs 15 lakhs of variable bonus which leaves you with Rs 85 lakhs. Now this is a reality check; Rs 85 lakhs of this package consumes a major chunk of health benefits, online training, relocation, joining bonus etc. In the take home salary of Rs 8.5 Lakhs/month there will also be deduction of ESOPs and 30% tax slab and more! So be wise and don’t make any wrong career choice based on the packages you see.
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#iit #jee #iitjee #1crore #salary #1croresalary #iitbombay #iitdelhi #iit_motivation #jeemains #salaryincrease #tax #reality #iitjeepreparation #ctc #takehomesalary #iitsalary #navi
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Navi-pedia videos aim to simplify important money matters so that you can make correct financial decisions. If you liked our video and it has helped you in any way please do like, comment and subscribe to our channel to know and understand more about health insurance, personal loans, home loans and mutual funds. If you have any other questions do not hesitate to drop them in the comments section below and we will try our best to answer them.
To know more about highest paying jobs in 2023, click here:
How much was your first salary? Let us know in the comments section below!
Watch to watch more videos like this? Subscribe to Navi now!
#iit #jee #iitjee #1crore #salary #1croresalary #iitbombay #iitdelhi #iit_motivation #jeemains #salaryincrease #tax #reality #iitjeepreparation #ctc #takehomesalary #iitsalary #navi
If you found this video helpful, do subscribe to our YouTube Channel.
For more information, here are a few of our blogs that you can read:
—------------------------------------------------------------------------------------------------------------------
Subscribe 🔔 to the Navi YouTube Channel & watch the best videos on Personal Finance (Insurance, Loans, Investments and Money Management).
—------------------------------------------------------------------------------------------------------------------
Navi-pedia videos aim to simplify important money matters so that you can make correct financial decisions. If you liked our video and it has helped you in any way please do like, comment and subscribe to our channel to know and understand more about health insurance, personal loans, home loans and mutual funds. If you have any other questions do not hesitate to drop them in the comments section below and we will try our best to answer them.
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