Two offers compared on what actually lands, after tax and after the costs each job creates. A larger headline number can lose to a smaller one once a commute is priced in.
Also called: offer comparison, compare two job offers.
Offer B is worth more. After tax and costs, A is worth ₹12,00,000 and B is worth ₹13,20,000, a difference of ₹1,20,000 a year, or ₹10,000 a month.
Computed from the published rates for the tax year you selected, which is not necessarily the current year. A calculation, not tax advice, and it does not know anything about your circumstances beyond the figures entered.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.
Headline pay is not comparable across offers that differ in bonus structure, location or commute. This nets each offer down to what reaches you and then subtracts what the job costs you to hold: commuting, relocation amortised over a year, childcare that one role requires and the other does not. The difference is expressed monthly as well, because that is the number people actually feel.
net = (pay + bonus) * (1 - tax rate) - annual costsEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Which offer is worth moreOffer A is worth more
Worked by hand: 15L * 0.8 against 18L * 0.8 - 3L
Open this exampleWhich offer is worth moreOffer B is worth more
arithmetic identity
Open this exampleFormula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator