Why is your In-hand Salary Less than your CTC? | Vantage with Palki Sharma

[@nicekidgames8340]

Bless you Palki for raising voice of our pain in heart

[@csuryavanshi5976]

@@nicekidgames8340 Do you know her salary for being a parrot there?

[@uzzalbhaumik8066]

Forget about CTC, even base pay vs take home is pathetic. Espp - 15% Epf - 24% Tax - 34% Take home - 27%(approx) CTC normally 1.4x of base pay, which includes bonuses & RSU. Now take home is 18- 19% Everything is fine except tax, which is very high and doesn't return anything. Tax terrorism must end

[@sripalpalrecha]

Where country u working from?

[@alok.01]

34% tax? Which country

[@varjunind1]

Bro how's espp bad ? That's easy money

[@supriyochakrabortybme]

India check tax slab

[@ashishsharma4853]

30% Income Tax plus 4% Cess = 34% tax

[@mkishorkumar8]

Anchor also experience this CTC issue in same way no exception for her too

[@Zensar77Alik]

Sadly ,you dont know about this anchor।

[@designing232]

😹😹

[@rahulkumar-hp5sw]

these anchors get side income from the party they support

[@vishnusai2076]

Need of the hour.... really appreciate the first post for focussing on the real time issues and the challenges

[@tnnsboy18]

Firstpost needs to pay Palki more! Without her, firstpost wouldn't exist.

[@ViolinCineMusic]

Yes

[@t.brahma2645]

Who are you 😂

[@santoshed]

How do you know she is not paid well now?

[@Martin_Priesthood]

Very true 😂😂

[@priyanshumaurya2674]

She is paid in crores I guess

[@blueoceansf]

In-hand Salary Less than your CTC .. because Govt is taxing 35% on salary class and giving freebies to 100 cr people.. Govt is looting 35% of salary

[@TheKakarot_itachi]

as it should be. Pay tax or leave the country

[@csuryavanshi5976]

I'm not a Govt supporter. But your contention that Govt deducts 35% as tax is not correct, bro. There are many exemptions as well as slabs. It's very fashionable to say 35% is the tax on your income. Marginal tax of 35% is on incremental income not on entire income. Just work out your actual tax deducted/paid and compare it with total income as well as perks. Then you will realise the reality, if you want to be objective rather than a provocative union leader.

[@Technologybhai1]

So People are leaving the country😂😂😂😂they are not getting anything except corruption

[@csuryavanshi5976]

@@blueoceansf Govt doesn't "loot" 35% in taxes. Only a few people like you must be paying 35%, that also on highest income not from first Re. Most even don't pay 5-10%. How would a country run if there are no taxes? Salaried class is taxed heavily alright. But with GST etc, at least other users are paying something. Govt should abolish IT, pensions etc and collect indirect taxes more.

[@csuryavanshi5976]

@@TheKakarot_itachi And go to Finland where tax rate is 55%?

[@ArunMurthy-fj3ol]

In Software companies CTC also includes Gratuity many people are removed before 5 years and Hence this Gratuity is never paid

[@somashekars2774]

Not only in software companies, in manufacturing companies too.

[@parshasisdas6470]

Ms. Palki, I like your wide range of concerns you share on screen. However, here one major thing is missed - most of the people in major cities in India are staying in rent. Most of the owners don’t provide their PAN Cards; hence, people can’t provide proof that they’re giving rent more than ₹99999/year. Although, all of them are paying more more than this amount every month. First ask the Govt to capture such income under taxes properly. Middle class salaried are suffering a lot. Thanks for raising this!

[@amishjha]

YES! Good point! of all the years I lived on rent not once my landlord gave me their PAN. Even though it doesn't matter in the new regime, for the old one, this would've blocked claiming full 80C benefits on rent > ₹1 lakh. Sneaky! #TaxLoot #TaxAwareness

[@faiz697]

Upload rent agreement

[@subha.learning]

True

[@CBS_official]

Nhi rehna hein to room chorke chala jaw

[@parshasisdas6470]

@@CBS_official Call of Duty game mein BOT hote hai.. par sach comments ke liye bhi BOT use kiya jata hai.. Strange!!

[@yamangupta773]

Feels proud she's from our state, Rajasthan, India!

[@vaishnavikrishna1287]

She is from manglore

[@kamartaj3010]

Tu bhi kuch ukhad le life kab tak dusro ki mehnat pe khud ko proud feel karayegA

[@inuyashayagami2281]

Nikal lallu laal. she is from India!

[@NishantSharma-tr6xl]

dusri ke liye hi taali peet ta reh jaega zindagi bhar chodu lal

[@Peacfull]

she told us that she knows you. wow

[@Yes_Im_Adarsh]

My parents thinks my relatives earn soooo much because they don’t understand CTC 😅

[@bhavanitenneti1230]

I am so glad that someone is actually talking about employees and their woes. I wish the tax system in India is made simple and people friendly.

[@pankajsinghparihar3191]

That smile after those two short videos says it all about

[@manju861]

Finally someone speaks about our struggles 😭

[@athaullaathu9640]

Thank you for initiating a discussion on this topic...we need more videos on corporate Salaries/CTC and Direct Tax.....We need major reforms to happen on these topics.

[@Online05894]

Thank you palki for highlighting this issue on your channel.

[@Zensar77Alik]

What a long pending and welcome video. Thank you First Post। Hope the PM ,PMO note this video।

[@libinvarghese8472]

Indian government taxes salaried class people to give benefits, subsidies and free services to government employees!! One of the many reasons people try to leave India the first chance they get and settle abroad.

[@randomstranger7989]

Haan bhai chale jao sab chale jao. Border pe soldiers, ocean mai navy aur akash mai fighter plane nahi dikhenge bus

[@Global-Netizen]

Salaried class can't even afford to settle abroad. So, let that sink in

[@biswajeet9826]

So important its a huge issue!! Govt shall take this into consideration.

[@pardeep607]

Gross Salary formula should be made mandatory by Govt. As only PF amount of Employer added in this.

[@cleancit]

Very true ❤ mem please share to this topic in parliament or whole media attention

[@SocialSapience]

THANKS for bringing in this debate ..... Corporate Hypocrisy must be exposed .......

[@PapaSierraGolf]

Unfortunately companies dont want loyalty these days. Learning it the hard way. That first year they will behave really well with you - once appraisal time comes, then comes complaints. But you have already solved their problems , isnt it?

[@onefamily7447]

We all should make this viral trend so that all employees get the pay they deserve

[@apachetamizha]

Absolutely well explained 😊

[@rajharwande6640]

Hi Palki, I'm not so news person coz of the way it's being delivered. However I keep myself updated through genuine and good sources like you. I would request you to keep raising voice on this matter until it's heared by concerned authorities. Thank you!

[@ktejakrishna9620]

I'm with you palki. I suffered a lot in my initial days of my career. It's very hard to survive in any metro cities for freshers on their take home.

[@AkshadaTii]

CTC should be banned. There should be only take home salary + pf deduction + tax deduction thats it. This gratuity, LTA should be banned.

[@nikunjsrf]

In india salaried person first pays 30% income tax and then again pay 18 % gst to spend it. What a foolish system. Otherside poor Punjabi farmers with Mercedes donot pay any tax. Hum nahi sudhrengey

[@willgetonepiece]

Till 7 lakh you don't have to pay any income tax at all in India which is majority of India ? Do you even know tax system of India .

[@nikunjsrf]

@@willgetonepiece The comparison is not for the poor. But the elite who play the victim card of being poor. You should first learn about the cost of living and about the lack of benefits to tax paying person in india, specially from middle class. Also I think you have some good credentials from the class of people I have mentioned before, or you would not responded with your garbage. If u can't get the English, get a visa and as per your credentials go to Canada.

[@willgetonepiece]

@@nikunjsrf people who are earning till 7 lakh in India are not poor and most of the farmers in India only earn 1 lakh to 3 lakh per year ie 80% farmers+ I think above 10 lakhs even farmers have to pay taxes ., and by the way I. Canada and usa you will have to pay more taxes than India they are also consumers based economy they have gst + income tax as well that's goes upto 40% , while India is only now becoming more and more consumption based economy secondly you are comparing a developing country to a developed country which got developed by looting and plundering and kicking their own people out of thier country or Killin local population of poor people

[@jaihind7886]

​@@nikunjsrf Dhakan ke Mandh Bhudi 😂 Are Rich farmers only in Punjab, Rest of India has more rich farmers who are miser, Punjabis are spender that's the Difference

[@bhokali-banarasi]

I wounder why there are not so much Indians watching this

[@questions_answered]

Because she speaks in English

[@paris9332]

Only Indians are watching this..

[@vaibhavkhairnar7313]

Thanks for raising concerns, Taxation is too much in India

[@CalmSoul.514]

It's very Important Topic

[@aprajita.makeup.film.dramaa]

Always said - remuneration is a motivation to be loyal, sincere and smart&hardworking.

[@truthfinder8652]

I left my job very Sadly, bcz of two reasons, low wages and that too as a CTC. Which means the real salary was like a joke. What's the point of all this if you can't save a sht. You give 9 hours to a company that doesn't give a sht about you. Issue is, nobody raises voice against it bcz nobody has another option rather than becoming a slave.

[@arabacastamere]

That ending music is such a banger! Full version please!

[@prathibhamaheshwari7466]

These days many employees work from home so companies can give back the money to employees. For example: travel expanses, food, infrastructure like electricity, wifi

[@pandurangpnaik2220]

Thank you Palki for eye opening details on C T C OF SALARIED EMPLOYEES INFORMATION..GOD BLESS YOU.

[@raghuveerdendukuri1762]

Fair and to the point. Work culture & work satisfaction is of higher priority for best outcome, at the sametime, what will go home will serve equally if not more, to achieve best possible outcome from teams

[@NA-mk7jc]

Please make more content like this for youngsters to understand what these terms are

[@pichaimuthuramachandran9103]

NICELY EXPLAINED. You forget to mention variable pay/EVA. This variable pay depends upon various performance parameters. Except few most of the persons wont get full variable pay. Though that is also part of CTC. Apart from that at higher level there is commission again depend on various performance parameters. Finally a fat CTC will be projected for a job. But that's how private industry works

[@shubhamgattani5357]

The last line always hits hard

[@itsparashar28]

Well said and explained….no government focus even these people paying higher tax for decades

[@SwainAshirbad]

5 million soon 😊

[@anithanukala1285]

Thank you for addressing the elephant in the room ! FINALLY!

[@kavitachauhan6868]

Much needed ...haof of time consume to cmaime real miney😢😢

[@venkatasanthosh1216]

Wonderful presentation by palki...... First post should have to pay her more base to retain her😂😂

[@IkiGai19612]

I am doing BTC & Best of luck those who have CTC

[@pradeeptalnikar779]

Great education, Palkiji

[@uniqueritwick]

It’s high time for imposing BTT instead of all direct and indirect taxes. SC has also instructed the govt for it. Would love to know your take on this Palki.

[@raza8830]

My interest from saving account also added in gross income. During ITR filling I got to know about it

[@rahulvig5298]

Amazing video. Loved it

[@bhawanisinghindia2287]

Right 👍

[@sivakumar1119]

Taking PF is very complicated when it is really required..

[@BHIWADIPROPERTY5544]

We need anchors like you mam companies are befooling employees .Every person has its family expenses. If companies will not pay employees as per inflation how a person will manage those household expenses. Today i am earning 25k per month and my age is 32 years working since 2018.Thats really shamefull.

[@NRI.Reacts]

Welcome to Canada... where take home is roughly 55-60% of CTC.

[@Shubham7C]

How much tax is there?

[@NRI.Reacts]

@@Shubham7C On average, if you earn 50K per year, you pay 28-30% taxes.

[@keerthikathirumalaisamy4355]

Salaried person tax slab has to be reduced either by percentage or increase the deduction amount then only salaried persons can have middle class savings.

[@BM-bs7sj]

Gratuity is also added to CTC though many quit before 5 years don't get!

[@subalkrgarai789]

Gov should focus on this..

[@kaminitayulladil2198]

Thank you for this information 🙏

[@dushyantvyas3589]

I recently taken an interview and told HR, I asked them to focus on my In-Hand salary NOT the CTC. I told them my home runs on actual pay NOT ON A CTC. If you can't pay the actual amount I expected, GO FIND ANOTHER CANDIDATE.

[@vikassharma5937]

Gratuity is also part of CTC in many companies

[@vipinjoseph5159]

Ideally, the employer's contribution towards the EPF should not be included in the CTC. Out of the three organizations I have worked for so far, only one was fair in this regard. Companies also deceive employees by reducing the EPF contribution to enhance their take-home salary. In one of my previous organizations, around 12,000 rupees per month were deducted towards EPF. However, when I changed that job, the EPF deduction came down to 2,500 rupees per month, even though my CTC and take-home pay increased. Such practices should be addressed legally by the government.

[@JJJJJJJJJJJJJJJJ256]

I like whenever she(Palki Sharma) says 40 four zero nice dear maam have a nice time

[@pradeeshbm5558]

Compared to europian countries, Indian take home salary is far better. Also there are diverse options for tax exemptions in India. Atleast what you paid to the govt can be taken back. But in European countries, income tax is 60% of your salary. And zero exemptions.

[@VaibhavSSpeaks]

When I pay income tax, why am I also charged GST when purchasing goods and services? The income I receive is after taxes have already been deducted.

[@VforVikramm]

One company added claim value as CTC (I am not saying premium of insurance but the actual claimable value)

[@rmrao2146]

Even a CA or Tax Consultant can put in more simpler words, unfortunately our workforce more towards CTS than Cash to Hand. While we talk about single taxation system why is that an ordinary employee is forced to multiple taxations.

[@muthukumarwesupport8610]

Good argument ❤

[@kashinathmore5196]

Thank You Mam You spoke Heart out

[@kvrr6283]

No point working in IT industry.Instead invest trade in markets to earn 2X

[@sushilmelville8998]

Then there are Tax upon Tax Tax Tax Chai Tax Office Snooze Tax Quickey Tax

[@rokeshvengala4356]

Thank you!

[@me-zs7tr]

thanks for this easy explanation

[@Peacfull]

lol in Germany you get 48% of your salary the rest goes in deductions, then you pay taxes on that taxed money like 19% VAT and even if you buy an asset on that you pay more taxes.

[@YOUTUBE_AMERICA]

My ctc 1.2 cr How ? They added insurance worth 65 lac

[@Factonise]

The fact that health insurance being linked to ctc was a pure coincidence in usa and yet it got adopted everywhere else, shows how policys are created in most countries general copy and paste except countries like finland, norway

[@sainathdoke4974]

Good information. Knows to everyone

[@immortalghost443]

If Palki is talking about this then you now know that this CTC/In-Hand Salary has become a very major National Issue…. Its time for Government Regulation

[@HappyDay33333]

Most key take away - Your employers PF contribution is also a part of your CTC. Guys- Can you imagine the pain? Also, there's Professional Tax on top of that. Am crying😢😢😢

[@TripTricks-Fact]

Also even if a home loan is taken maximum we can claim is 2 lakhs

[@sreekar22]

You missed the variable component which is the biggest bogus from the employer projecting it as a performance bonus

[@sreekarg7583]

We pay taxes on salary, and also we pay GST on every single thing which we buy. even for small small metals which a rupee/ gram. Hell with the taxes and RIP this Tax structure. Direct and indirect taxes put together almost 60-70% goes in this way, we get only 30-40% net

[@yummyyummy8947]

Finally media got time to cover this . The struggles of foced tax paying and showing proofs for same at the year end . Saala paisa b barna hai aur uska proofs bhi dalna hai o extra work hai 😢

[@taniyadutta8]

I always say my inhand salary is this I am seeking for this...in the very first interview...I never pay interest or let them talk about their CTC offerings..I make it very clear I don't care 😂

[@niteshsingh4691]

Excellent Content

[@esquireprinters4424]

Very good news madam

[@dprocky3684]

Plz cover BH series number plate registration for private employees 'government mendate Mail hr from the company to RTO along with form 60 but private company not sending mail even we. Are eligible

[@TripTricks-Fact]

Even after filing itr or claiming refund on tax deduction it takes around 1 month to 45 days to get credited in the account

[@sudhirogale1687]

I have quick question, why bonus are considered as part of CTC? if they are part of CTC then company is already considering it as a cost then why not to pay 100% ?

[@iAmAbhijitPatra]

Deduction more Tax Most worste Finance Minister

[@sbiswas2798]

Income tax plus GST more than 50 percent, back to British era...acchhe din 😅😅😅😅😅😅

[@anilsatra897]

Jai Bharat... Only NaMo

[@tkdhanesh01]

The biggest joke is that inspite of the tax you pay for the salary, your capital gains are again taxed at the same slab😂😂😂

[@pras14391]

I love you approach, please use more memes 😂

[@ngkripss]

How's the scenario at First Post.. Palki ?

[@dayrise7211]

In india working people paying tax to govt like anything in return nothing we are getting no health, no education, no shelter 😢

[@sunilpatel3728]

Thanks Mam

[@18Neil18]

In Gov you actually get paid, whater is your package (LPA) it's real not lucrative

[@ManishYadav-in7ml]

1.4 billions and counting...soon in next 5 to 7 years 1.54 Billions...

[@elangovanelan3112]

Govt should come forward with new low what promise mad should deliver

[@krishnapalanati]

Pvt sector employees in India are worst impacted. At the least identify them as investors, treat them with identity, give them silver, gold, platinum identity cards, give them privileges at all government agencies including for example priority checkin at airports