In the 30% slab: what a CTC change saves
Sample: Neha, 35, engineering lead in Gurugram. ₹35 lakh a year, basic ₹14 lakh.
₹61,150 a year saved, same CTC
Same CTC, restructured: part of special allowance paid as employer NPS.
You save₹61,150 a year
With the fix, Employer NPS of ₹1,96,000 (14% of basic): save ₹61,150 a year.
See every line
With employer NPS
Lower tax- Gross salary₹35,00,000
- Standard deduction (Sec 19, old 16(ia))less ₹75,000
- Interest and other income₹40,000
- Employer NPS (Sec 124, old 80CCD(2))less ₹1,96,000
- Taxable income₹32,69,000
Tax with cess₹5,83,130