Hi, Please do not accept the offer from new or revised salary unless you validate with HR Calcy in hand salary calculator. This will even indicate that what will be your take home salary after income tax deduction, help you for a better decision.
How much salary should a full-time founder, previously earning ₹20 lakhs annually, take from their startup after raising ₹1 crore in angel investment?
Or should they forgo a salary entirely to maximize the runway?
₹1 Cr salary? You take home ₹65L after taxes.
₹1 Cr business profit? You keep ₹80L after deductions.
₹1 Cr in stock growth? ₹₹87.65L remains after 12.5% tax.
The system wasn’t designed for workers. It was built for owners.
Still chasing promotions
It seems Zee Entertainment Enterprise is not profitable. After the announcement of a 50% employee layoff last week, the CEO of Zee announced a 20% reduction in his salary.