The Truth About ₹1 CRORE SALARY Package | CTC vs In-hand Explained

[@Pratikchavhan712]

This channel's content is so elite and rich whether its your small skits, scripts, presentation , editing, diverse library .its great and i m a sucker for channels like this

[@God_gave_His_Son_for_you]

yes, its proper time waste..

[@Pratikchavhan712]

Indeed

[@crashmi4079]

​@@God_gave_His_Son_for_you your username makes me feel you are into real time waste stuff

[@ZeeshanStates-ww7su]

@@crashmi4079 she copies johnny harris videos

[@SANEWATCHER]

@@God_gave_His_Son_for_you RIGHT

[@gauravkanwasi7084]

Employees should be aware that the Cost to Company (CTC) is not the amount they will take home. It’s important to ask for the gross salary instead, and not be misled by a higher CTC. Companies can include various costs, such as air conditioning bills, within the CTC, which do not reflect your actual earnings.”

[@aevytv]

100%!!!

[@anshuraj5734]

Tell this to the Indian parents who take those numbers literally.

[@princeofheaven19]

@@anshuraj5734 Also to non-IT wives

[@BondJFK]

@@anshuraj5734 Why should anyone care about what parents think about salary unless child is depends on them even after have a job

[@anshuraj5734]

@@BondJFK because they see something like 'An IIT guy got a package of 80 LPA in US' and they go gaga over it, thereby forcing there kids into the same old JEE rat race.

[@box9283]

I WAS LITERALLY LEARNING ABOUT THIS TOPIC YESTERDAY AND TODAAYYY ONLY YOU GUYSSS!!

[@pratikathinker4763]

Its not miracle its just there algorithm

[@alwinjohn6035]

I am 35 years old and still dont understand salary packages and breakdowns... Much needed thanks! 🙏

[@Kiss0_0_0]

Skill issue 😂

[@RIPNANI]

🌚​@@Kiss0_0_0

[@jude.niranjan]

ok u guys are killing it now. Video team is in full form.

[@aevytv]

Thank you 🥺

[@maheshshahmaheshshah7797]

Im only 16 years old and by knowing this at early age it gives me a cleanser look over choices and emotions. while getting excited for greater CTC i clearly follow the intellect and emotion based upon the knowledge. Glad i found this.

[@fxbyyogesh]

Mutual feelings buddy

[@arghamukherjee4940]

As a Chartered Accountant I'm glad to see how u describe the Tax exemption components also..... Good work.... Keep it up.. ❤❤

[@sayanbiswas_sports]

The English used in this video is very easy understandable comparing to other videos... I would like this quality more. Awesome job❤

[@aevytv]

We will keep this in mind Sayan :)

[@kadamsahil2528]

​@@aevytv yeah you're only english creators where I don't need to turn on captions to understand the context

[@PritamOG]

Go and watch Edureka 😂

[@ThePlusOrg]

Your Content is really of International level. The Quality, Editing is top notch. 🔥🔥

[@aevytv]

Thank you 🥺♥️♥️

[@akshatsharma4765]

Changing the thumbnail actually works. I saw this video 3 times with different thumbnails and i clicked on it atlast.

[@cripz4203]

My CTC = base pay, I work for a service based remote US company. I didn't go to Amazon for the same reason as shared in video

[@jwdwbid6895]

INTRESTING

[@dibyanshumishra3536]

I am sure amazon still pays more. My friend working for amazon pays 21lakh tax at 2yoe freh out of college. Actual salary = fixed + stocks/yr= 55-60lpa for 2yoe people. This video is biased.

[@rahuldhakne8577]

what platform did you use to hunt such job?

[@PiyushAgarwal-zb6uk]

​@@dibyanshumishra3536 I can assure you that either he is not telling you the truth or he has other sources of incomes he is paying tax for, ask for his 21AS form if he is open about sharing that info.

[@shivampradhan3645]

if you can share details it will be really helpful for others

[@bArium5656]

The Income slabs mentioned in the video around 9:00 are under the new tax scheme u/s 115BAC, which to my knowledge disallows the deduction of many allowance including HRA. The aforesaid can be claimed under the old tax regime which must be opted in by the assessee which has different income slabs ofcourse.

[@vikranttomar7710]

Thanks a lot Achina for a detailed outline and keypoints to discuss !! Aevy, you guys are killin' it ! Loving to be a part since initial 40k days !!

[@sanjay6242]

Guys the production quality is on another level ❤🔥🔥

[@aevytv]

We got a new cam xD WILL SHOW YOU SOON!!!

[@kadamsahil2528]

Is it an Iphone ?? ​@@aevytv

[@devendrabaskey1]

Yeah like vox

[@arpitsharma9542]

Thank you

[@saurabhpatil95]

few corrections - Special allowance is taxable, you dont pay flat 30% on 15 lacs, you pay tax slab by slab

[@AbhinavKrishna-u4q]

Right

[@SuperDrragon]

Well I went to my college and saw them printing out the CTC posters of 20 LPA +. For a mid toer college, this was quote the achievement, specially considering 2 years back the hoghest oackage anyone could get was at 13 LPA. Then we spoke to the people who actually landed these packages. One org had already added their medical inaurance cover as oart of the CTC, alongwith a bunch of items which took away from the salary.

[@AdityaGupta-yi7oe]

The quality of content!! everything crystal clear and to the point with added dramatization to make it engaging. My best subscription on KZbin!!

[@shravan_jaiswal]

I just turned 18 this year, heading into college and your content and delivery is literally on the next level! Straight 11/10 🔥🔥❤️

[@druhindatta1976]

Same

[@sussybaka93]

I think this is something most of us need to be aware of . Thankyou very much for breaking it down

[@level1865]

Damn we have similar pfps

[@settingsun1]

PapaOcus played the secretary quite well 😂, excellent video.

[@SkyNet-xm8yq]

I know a guy who got 50 Lpa offer from Nvidia. When he joined, i approached him after 3 months and asked how's going. He said he's going to get 17 Lpa in hand, 23Lpa stocks and rest 10Lpa are allowance and others. After a few months he left his job and started preparing for UPSC.

[@idc_akashdobriyal]

Wtf 😂

[@NeetSheth]

Bhai thoda khiska hua tha kya?

[@ahammedmalik3796]

Look who's the idiot now

[@jebunchoudhury7127]

Dude he left nvidia? Nvidia is blooming

[@shivamjha5578]

Wtf ? No offense but why would he leave

[@Sai_r2d2]

Damn!!! Production keeps on improving with every new video 🤯

[@youcantchaseme9480]

I work in Mahindra, what they offer you is exactly what comes in your hand!

[@kirtanadhiya6321]

It's great how easily Tax is explained #AevyIsAVibe

[@futurebillionaire369]

there was a dark messege conveyed with ease at the end🗿🗿

[@MrStach2011]

Recently my friend who is a fresher got a offer from an MNC of Rs.36 lacs and accepted. What he got was Fixed salary of Rs.12, Variable Rs.2 and Rs.22 lacs stocks valued at the current market price with a lock-in period of 3 years. In the stock front he will get back the full money only if the shares maintain an appreciation in the next 3 years.

[@Careerbolt]

Excellent video as usual. One correction that 9/10 startups fail.

[@aevytv]

My bad that’s what I meant to say!!!

[@tejaslokhande4785]

Thank you so much for this knowledge. As a part of young workforce, we really need to understand all these jargons HRs play around with !

[@GamerDS76]

I just finished 12th, this vid made me a lot more informed about salaries. Thanks

[@EcomCarl]

Understanding the difference between CTC and take-home pay is crucial for job seekers navigating salary negotiations. It ensures they can assess offers accurately and negotiate fair compensation based on their skills and experience. 💡

[@avdheshshukla301]

Well it's hurt when she said "you have never experienced it"

[@aum8136]

DO NOT go for car lease unless you are sure to complete your full tenure with the company during the lease period. If you are fired then you would have to pay up the balance of the lease period.

[@desiredforgaming9356]

😮

[@Badumtss2468]

18:38 this is wrong info. The debt is always paid first before investors in the case the company has to be liquidated. Investors take the risk. Debtors don’t. They want their money back as fixed percentage. So for this low risk, they are paid first before investors in case of liquidation. If company does well, investors get to have more of the stock price appreciation since they took the higher risk.

[@vignesh8642]

This video is one of the reasons that I love youtube🔥

[@anush_agrawal]

It should be illegal

[@vuttamb]

It's business

[@pranshu2op]

Yea

[@Xcvbn3355]

You know if every valuable employees start to demand this, companies will change this. But one thing you cant change is taxes

[@gru3j3qubedm4k]

That's how the game is played my friend

[@inquiet3297]

Income tax kitna hga phir 1 cr ka annual income show karoge to ....

[@char_deux]

This is the entire reason I always ask or tell post-tax yearly salary or income-tax paid rather than CTC. RSUs of listed companies with decent cliff, vesting schedules and clawback are the only time they should be counted honestly. RSUs vested (except clawback shares) stay with you once you leave the company. ESOPs don't even do that.

[@geekymahi3896]

appreciate your efforts. But anyone reading this comment, Please talk to a tax consultant before doing anything. Few years back i was into this profession, and i noticed few mistakes here and there. Tax is highly complicated, so its better to go with Pro's

[@aevytv]

Great input!

[@mathews4265]

Could you please share the approximate cost of hiring a tax consultant?

[@rishagupta9000]

The skits in the beginning of the videos just keep getting better and better 😭😭

[@santhanakrishnand6508]

12:23 Gratuity shouldn't be part of CTC but it is mandated by law to show that the Gratuity is provided, they tend to mention them in CTC. So companies tend to add them in CTC to show them as proof. So in recent scenario u can't remove that from CTC as by the term of CTC means it's included of Gratuity

[@AnirudhMathur17]

Plight of a software engineer starts at 22:30 ... Highly exaggerated but hilariously true to say the least .. 😁. Gr8 job guys in capturing the essence of "Actual CTC".

[@thinkhatke4020]

I saw the video in my recommendation uploaded 1 minute ago, 27 views, but after I clicked, it shows 210 views

[@karthikkhoday5555]

Happens, every moment PPL are clicking and yt can't update it instantly.

[@shreyash1]

bro discovered dynamic content

[@khushwantdafre3230]

Jadoo

[@shinegraphics3880]

The heaven content produced by these guys really need a huge raise😂

[@SuperiorCake386]

My mom works in TCS since 2007 will be avail ESOPs TCS is Public company and she has mutal funds worth 30 lakhs

[@priyampadia8934]

i bet i’ll be happy for watching this before college

[@professordumbledore369]

No wonder "Compensation & Benefits" is my favorite area of all the HR functions. I'm more curious to know how the dynamics in pay componenets change every decade. It feels awkward to ask but I ask people their salary to understand how the industries work. I'm basically an MBA and much interested to know where the actual catch is. I keep updating myself about the roles, industry and packages.

[@VenkatrajR]

I can understand this but the most irritating is some random uncle/aunty talks about 1Cr package to me because a news channel said about it.

[@RJNair129]

Great Video! Kindly make a video on the CTC in Dubai. A lot of job applicants are clueless and the recruiters misuse this knowledge gap to their advantage. I know it will be challenging and a lot of research needed. I'm sure you guys are up to the challenge and more. Thank you.

[@Mukesh-oq8dx]

public companies have real stock values. Senior engineers often earn more on stocks than fixed salaries.

[@Biradar_Ganesh]

Thank you so much for such detailed and well structured video. It was badly needed 🙏🏻 Aevy Team Rocks🗿

[@duality4453]

If the skits keep getting any better we might be submitting these to short film festival. Kudos to the team for their A+ acting 😂

[@ArpitSingh-ty7gf]

Alright Company name : nk securities CTC : 1 cr+ Includes base + bonus only no stocks First year compensation 1cr+ Role : quant

[@piyushraj8839]

The skit was hollywood level!! 🔥🔥

[@abhisheksrdas-vi3ye]

Seriously love the way how the presentor with deep inside smile narrated sabka kaat thaaa hai popat of CTC

[@sarvariish]

I especially like the corporate look how these guys exploit freshers but some companies might have more basic pay than rest

[@vineethganji2496]

Outro was really cool guys. Your outros are becoming like a movie climax 🔥

[@theindianexe]

I COULD PROUDLY SAY, 100% OF THE STUDENTS GETTING PLACED FROM OUR COLLEGE ARE ENJOYING TAX FREE INCOME!!

[@AdityaKumarHB]

what college?😃

[@ayushpal2005]

It means less than 4 lakhs 😅😂

[@harshSharmaaji]

Never seen such detailed CTC breakdown! Thankyou 🎉

[@lc_anime8252]

Thanks for making this video. I didn't knew most of these terms

[@HimanshuSharma-by5wi]

I thoroughly enjoyed your content, it was truly exceptional. But here is a little correction. On buyback of shares, Company is liable to pay tax @23.296% (20+12% surcharge + 4% HEC) and no tax liability arises in the hands of shareholders. And in case of acquisition of a company whether be it amalgamation, demerger, etc.. The capital gains tax arises only when the shareholder eventually sells the shares received as part of the swap.. So In nutshell, No Capital gain arises in the hands of shareholders as on the date of acquisition, rather it is deferred until the shares are sold by the shareholders.

[@Abhishek-hk3ql]

All of this we are learning in income tax where we have a chapter named income under the head salary

[@pranav.r.k4858]

Thank you 🙏🏻 now I can peacefully share this video to my mom who was blown away by learning my friends amazon 50lpa package!! You simplified my work😅

[@ajaysawant9801]

One of the best channel that I found on KZbin The last part of the video AI one is literally relatable 😅

[@ratnakarbh1]

You Nailed it ! Excellent Content !

[@vanshbhondekar8126]

Thank god someone said this... now teenagers would know the reality of 3 crore packages... i despite being a financial expert, i won't ever hire a programmer for more than 15Lpa.

[@somyasingh6971]

U r litreally providing so much nice info....to general public....coz all of this is what i am learning right now in CA course...which i wouldn't have known if i didnt pursued ca....so u r giving us the info....which litreally a course is teaching us....❤

[@harsimarsingh1617]

So insightful! Thanks for the video

[@pranjalchoudhury6163]

Exactly vedanta offered 14LPA as CTC and in-hand 7LPA and Net salary=49k.what is dangerous is that they even deducted PL encashment(never heard of this) as I have exhausted all CL and SL before leaving the company.Very unprofessional policy of vedanta.None should join this if they have other choice.

[@devpratimdas]

Have been watching most of your vids in your channel. Visuals and details are on another level. Kudos🎉

[@Suited13]

“Niggesh Kumar “ 😂😂😂😂😂 That’s wild as heck.

[@RupamBharti-p9o]

I'm preparing for JEE to get into a good engineering college and get good plcement...........ye video ne to demotivate hi kr diya yrrr

[@Shreya-s2p]

😂😂same

[@mysteryman7303]

CTC🗿 in hand 🤡

[@aevytv]

RIGHT?😂😂

[@abhi4biotech]

In the UK, Germany, Finland and Luxembourg they precisely tell the taxable salary one would get when making the offer and don’t hide behind massive numbers. They know it is not worth to disappoint the individual who you want to work with and will be part of the team. When I was dealing with Indian company HR I had to clearly say I want so and so in hand salary coz they agreed to certain number and I needed to be clear I am not thinking about CTC when I gave the number but what I will get to live a nice life. Spend or save my choice

[@akshitsingh1615]

Aur phir log phoochte hai ki USA, Canada, Australia, Germany kyu ja rahe ho padne ke liye, India me kya problem hai?

[@darshangolchha3965]

even if you get in hand 50 lakhs in india(not getting imao), with same skills you make 1.6 cr in the us, your kids can easily get into uni in the us, more opportunities, no rat race, better and free lifestyle

[@connectTheDots-yo2cy]

Wo sab wahi puchte h jinke paas paise nhi h jaane k...

[@NeetSheth]

​@@darshangolchha3965 and then any average citizen of us with revolver in his pocket deletes you from existence 🤡

[@NeetSheth]

​@@connectTheDots-yo2cy US jaanewale ghochu hote hai. Agar desh mein problems hai toh voh problems theek karna hamara motive hona chahiye, desh k resources use karke USA ki GDP badhana hamara motive nahi hona chahiye.

[@yashkumarsingh5740]

​@@NeetSheth keep your stereotypes to yourself

[@RITESH____]

Very informative. Keep up the great work team. ❤ And the skits were too good 😂

[@RandomGameCaps]

Loved the AI generated Robot at the end! Talk about "Leverage"

[@fahad_wait_for_it_khan]

Thanks for breaking this down in such a simple and sarcastic way. Great work team.

[@GopalaiahVinay]

Regarding longevity, companies don't expect more than 3 years from an individual. Staying any longer will decrease your long-term value.

[@nimeshparmar6737]

Basic, Hra, Spe. Allowance, and reimbursement amount are good for employee as it is directly added in your account if submit bills you get tax exemption else you get cash in the wnd of quarter or year, pf contribution having option on what amount you wanted to deduct from salary, gratuity should not be part of salary package offered, if offered who can ask that money even if you left organisation in a year.

[@waterbottle-]

Most underrated channel great content.

[@tgayush1424]

Awesome detailed video understood each thing very well, already watched some youtube videos but didn't understood with this much clarity.❤

[@Hadi_ansab]

The amount of effert yall put in the video ❤ marvelous

[@zehniyat6410]

That's why the offer we give in Dubai is Salary in your account per month. Then the perks are accommodated

[@MahiMahi-yu5jo]

Here's a tip for newbies: Always ask the HR to break doen your in hand remuneration. Ask them to explain every Cost To Company line. You have a right to this information. This will give you an estimate of your value and exactly how much the company is taking from you. Don't sign the offer letter until this is broken down and explained. If the HR refuses to explain, then don't join. There is a chance that there is a hidden write off that is not explained to you. It could end up being a scam, a money laundering operation or worse, one of the horrible horror stories you hear online. You may think it may not happen to yoh and you'll probably be right. But it does happen so keep alert. You are worth so much more than the pittance a company gives you. So keep the CTC in mind for next interview.

[@himangeetandan]

This is all in my CA Inter Syllabus and I just revised everything, from HRAs to RBS etc 😅

[@himans7u]

the new thumbnail so so good!

[@raviraj-kv9kx]

A 16 yrs old here understanding corporate life

[@mohitchandrashekhar254]

If you put your content in hindi, i think you deserve millions of views. Just try 1 or 2 videos in Hindi, i think it will work well.

[@Akhikesh001]

They're targeting whole world and even if thier majority is from India and 25% audience from foreign then their 25% will generate more revenue from 75% India

[@surendrakumar-gx6ov]

If you have a salary of ₹55 lpa , you won't actually receive ₹4 lakh in hand. You need to account for taxes and variable pay deductions. After these deductions, you will likely receive around ₹3 lakh.

[@jaackiye]

Achina, your presentation is simply awesome. Good job team, eye opener for all people. Love you ❤

[@pranavgandhiprojects]

Highhh quality video with superbbb content

[@anakin_black]

As an HR, I feel exposed! 😅

[@rajrajesh1669]

What are u naked or smtg? Lol, Remember, you are also just another employee of the company not the owner. Bro thinks he owns the company if he's HR. Lmfao.

[@Anuragg134]

🤣🤣🤣​@@rajrajesh1669

[@druvbansal68]

​@@rajrajesh1669i think we must learn employee loyalty programs from his company, to know how the heck companies diverted his mind as such

[@mvkaushik7]

Very informative video. Thanks for making it. 👍

[@aevytv]

Glad it was helpful!♥️

[@dangernp]

Great video, sent this to my mom so she can show to her kitty party friends.

[@Badumtss2468]

CTC does not have a legal definition as such. So when HR says that you asked for 25lpa CTC so you cannot ask 25lpa as basic salary. Just say, from my perspective the CTC stands for my basic salary.

[@milemuncher5154]

@ 08:55 30% Tax Bracket doesn't mean that you have a flat 30% tax on the money that hit's the bank !

[@VirajKhedekar]

Exactly! The rate is applicable only on the amount in the tax bracket.

[@soniyaprasad77]

I recently got a job as a fresher(software engineer -1), but there is not much difference between base and ctc, in my case it is 11.27lpa ctc and 10 lpa as base. So, i would say, there is still some companies which doesnt care about it.

[@RIPNANI]

Where u workin bru?

[@SAIYAN_TRADER]

Pls make a detailed video about trading in India market and us market, forex 🤝

[@Ezioclsh1]

That was such a helpful overview about genuine ctc,some of my college friends believe in the so called delusional theory about the packages,that how much ROI they could even generate,i was conerned enough about the notice they show us,it may be diverse enough to confuse an intern,thanks alot acina,your always so fluent about your topic😇

[@SarthakPandey-q8i]

You guys are literally killing it 🔥🔥

[@jitushekkumar7083]

Afaik only service based companies and some big tech do this. Rest of them i.e good startups and quant companies which actually offer 1cr do not inflate their CTC . You would be surprised how transparent are quants about their salaries.