Reality of My 48 LPA Microsoft Salary after TAXES! #salary

Learn Backend development: https://scrimba.com/?via=NishantChahar 🌟 Get FREE Trial for AlgoPrepX: https://x.algoprep.in/product/free-tr... 🌟 Do check the website now. Use NEWYEAR Offer 🚀: https://www.algoprep.in/ 🌟 CP Course Details: https://www.algoprep.in/courses/cp I got a 48 LPA package at Microsoft after completing my engineering from NSUT Delhi. While it sounds like a dream salary to many, there is a lot of confusion about what this figure actually means. Most people assume that I earn 4 lakh rupees every month, but the reality is quite different. In this video, I'll break down my entire package step by step so you can understand how corporate salaries, especially in tech companies, are structured. I will explain the meaning of CTC (Cost to Company) and how it includes various components such as base salary, performance bonuses, joining bonuses, stock options (RSUs), and other perks like insurance and allowances. I will also talk about how these components are spread out over time, how much I actually take home each month after taxes, and what part of the package is dependent on performance or company policies. This video is for anyone who wants to understand the difference between the package advertised by companies and the actual in-hand salary. If you are preparing for placements or are curious about the corporate world, this will give you valuable insights. I will also share tips on what to consider while negotiating a package and setting realistic expectations. Don't miss this detailed breakdown of my 48 LPA Microsoft package. 🔴 Check out some other really cool videos too:    • Left Google to build 4 Unicorn Startups 🚀 ...      • Fastest Way to Learn Coding in 2024 🎯 | Us...      • I reviewed 4752 resumes so that you can av...      • Is It Too Late to Become a Web Developer?      • Reality of WEB DEVELOPMENT and DSA in 2024...   🔴 Subscribe to    / @curious.chahar      / @algoprep_official      / @nishantchaharvlogs   ❌ Don't Click this link! https://bit.ly/381DYq6 🎯 Connect with me here: ‒ Instagram:   / chahar__nishant   -- X, Formerly Twitter:   / nishantchahar11   ‒ LinkedIn:   / chaharnishant11   ‒ Telegram Channel: https://t.me/chahar_nishant ----------------------------------------------------------------- 🔥 Placement Diaries: http://bit.ly/3KxFF2G ----------------------------------------------------------------- ✅ Products I use: 💻📷 Green Soul Vision Gaming Chair: https://amzn.to/3g0yT5K Insta360 Go 2: https://amzn.to/3xOXC39 Blue Ice Mic: https://amzn.to/3m2a8Kn SSD: https://amzn.to/2SyDyDA Macbook: https://amzn.to/3A361Cp Tripod: https://amzn.to/3qYPV7m Old Chair: https://amzn.to/3r5cebo Smartphone: https://amzn.to/30Kv0tP Old Laptop: https://amzn.to/3j0hP0a Ring Light: https://amzn.to/3givuP9 #salary #placement #softwareengineer #job #placement #coding #college