Is 15 Lakhs Good Salary In Bangalore?

How much tax do I pay on 15 lakhs?

Also ReadTaxable Income Slab (In Rupees)Existing Tax RatesNew Tax Rates7.5-10 lakh20%15%10-12.5 lakh30%20%12.5-15 lakh30%25%Above 15 lakh30%30%4 more rows•Feb 3, 2020.

What is Indian pilot salary?

Airline Pilot – Average Salary The average salary for an Airline Pilot is ₹46,87,900 per year (₹3,90,650 per month), which is ₹43,00,400 (+1110%) higher than the national average salary in India. An Airline Pilot can expect an average starting salary of ₹11,25,100. The highest salaries can exceed ₹1,00,00,000.

What is good salary in Bangalore?

Your combined family income should be around Rs 6.45 lakhs (no kids) and Rs 10.49 lakhs (with kids), after tax. If you want to live comfortably, expect to spend Rs 9.99 Lakhs (no kids) and Rs 17.45 lakhs (with kids), in the first year.

How can I save tax if I earn 15 lakh?

A person earning ₹15 lakh will be losing out on at least ₹73,000 in tax benefits as the government removes tax exemptions….But there’s a catch.Exemptions that no longer applyDeduction amountSection 80C investments₹1.5 lakhNPS deduction₹50,000Medical insurance premium₹25,000Standard deduction₹50,0003 more rows•Feb 4, 2020

Is 30 lakhs a good salary in Bangalore?

Every fresher coming to search for a job mostly gets paid among 4 to 5 lakhs per annum in India except NIT and IIT grads who generally get paid 7 to 8 lakhs per annum. … But after almost 5 to 6 years of experience and with skills a person in India can get 25 lakhs to 30 lakhs per annum.

Which job is highest paid India?

List of Top 10 Highest Paying Jobs in IndiaMedical Professionals (Doctors & Surgeons)Data Scientist.Machine Learning Experts.Blockchain Developer.Full Stack Software Developer.Product Management.Management Consultant.Investment Banker.More items…

How can I save tax if I earn 20 lakh?

These deductions include: Section 80C deduction of maximum Rs 1.5 lakh, section 80D deduction for health insurance premiums paid and other deductions for which a taxpayer is eligible, section 80TTA deduction for interest received from a saving account held with bank or post office etc.

Is 30 lakhs a good salary in India?

Mostly salary is directly proportional to experience. … But After 5 to 6 years of experience, you will get 25 to 30 lakh of the package. But still, those people are just 20% in India.

How much money is rich in India?

Notably, India’s richest 1% includes more than 13 million people and their annual pre-tax income amounts to USD 77,000 or an estimated Rs 55 lakh, according to a Bloomberg report, titled, This Is What It Takes to be in the 1% Around the World.

How much expensive is Bangalore?

Summary about cost of living in Bangalore, India: Family of four estimated monthly costs are 1,255$ (93,151₹) without rent (using our estimator). A single person estimated monthly cost are 353$ (26,245₹) without rent. Cost of living index in Bangalore is 72.55% lower than in New York.

Is 15 lakhs a good salary in India?

Is 15 lakhs a good salary in India? Further, if you are fairly young and have no ailments, 15 lakhs per annum is considered a good salary by Indian standards.

What salary is needed to live comfortably in Bangalore?

How much Salary is needed to live comfortably in Bangalore?For Frugal Living Salary per monthFor Luxury Living Salary per monthFor BachelorRs.25,000Rs.40,000For a CoupleRs.40,000Rs.70,000For a Family of 4Rs.65,000Rs.1,30,000Sep 2, 2018