Quite nostalgic for me. We also had our placements in the uncertain covid scenario in Aug 2020. I got a job with 14lpa and I cannot describe that feeling. Fast forward now I've offers from Google, Microsoft, Amazon and Goldman Sachs with packages that I would have never imagined, but still, this joy is no match to the joy I got receiving that selection mail of my college placement. Sweet memories.
Congratulations Since most of you do not know,The actual CTC is the 2nd year CTC and this is important because if you make a switch / look for a new job, then this actual CTC is used to consider for new offer. The high CTC is not taken into consideration… Let’s say at Microsoft your quoted CTC is Rs 39,30,000 (~39.3 lakhs). Base Salary: Rs 12,00,000 which is further divided into two components: Basic salary and flexible Base Plan (FBP) Basic: Rs 4,72,000 and FBP: Rs 5,28,000 Joining bonus of Rs 3,00,000 (Rs 1,50,000 in the first month and Rs 1,50,000 after 1st year) Stock Award: $30,000 (given over 4 years) ~ Rs 22,00,000-23,00,000 Relocation bonus: Rs 1,00,000 (given if you are coming from another city) Note: This is not included in CTC so this is extra as you will get this only if you claim it. Performance bonus: Rs 2,40,000 (20% of Base salary) Note: 20% is the maximum if your company (Microsoft in this case) hits its overall goal. It can be less than 20% and even 0%. So, it varies. There are other components where you can get extra money provided you claim those. These are not included in CTC. These include: Medical expenses (Within a given limit) Travel expenses and others. Therefore, the following components are added to arrive at the final CTC Base Salary: Rs 12,00,000 Joining bonus: Rs 3,00,000 Stock Award: Rs 22,00,000 Performance bonus: Rs 2,40,000 This gives the CTC as Rs 39,40,000. The following components are one-time that is these components are not considered in the CTC of your 2nd year at Microsoft. So, the 2nd year CTC is always less than the 1st year CTC: Joining bonus: Rs 3,00,000 Stock Award: Rs 22,00,000 Therefore, your 2nd year CTC will be Rs 14,40,000.. In New tax regime, you cannot do tax saving. In Old tax regime, you can do tax saving like in Fixed deposit, Interest in loans and much more. This is useful only if you have to pay a large amount of interest for loans like education loan, house loan and others. Let us calculate the minimum salary: You are doing no tax saving and are in New tax regime. You did not receive any bonus (0%). Then, you get the base salary of Rs 12,00,000 only. On this, you pay tax of 20%. Tax = 2.5 * 0.05 + 2.5 * 0.1 + 2.5 * 0.15 + 2 * 0.2 = 1.15 So, you pay Rs 1.15 lakhs in salary. Your in-hand salary is Rs 10.85 lakhs. So, your monthly in-hand salary is Rs 90,417. Let us calculate maximum salary: Let us assume you do tax saving investments and are in Old tax regime. If you have loan and give interests, you can save tax on the interest up to FBP. So, you have to pay tax on Basic salary of Rs 4,72,000. Tax = 2.22 * 0.05 = Rs 11,100 You get the performance bonus of Rs 2,40,000 and tax is deducted on it. So, in-hand bonus is Rs 2,28,000. So, in-hand salary is Rs 11,88,900 per year and it is Rs 99,000. Therefore, your in-hand monthly salary range from Rs 90,417 to Rs 99,000. Your 2nd year CTC / actual CTC will be Rs 14,40,000 per year and not Rs 33,40,000 per year. Note -You’ll be getting stocks worth 22 lakhs but you’ll have to pay 30% tax +10 % long term capital gains tax on them and if you leave the company in between the unvested stocks will be forfeited It’s great to get into these product based companies ( better than service based ones ) but you should be knowing all these things
Love from Guwahati bhaiya ❤️❤️ I didn't get admission on NSUT but suffering now Aapki videos dekhar feel le rha hun ❤️❤️ I am in a tier 3 college but working hard to get a better place in the coming years
Ego bro, is bande ki nhi but audience ki. Agar koi Infosys placed banda duniya ka best DSA course bhi padhayega to bhi kam log hee samajh paayenge uski value, microsoft bolne se tum at least sunoge uski baat, bhale hee vo DSA mein kitna hee kharaab ho (scenario samjhane k liye bola ye, not saying ki ye bnda bekar h)
Bhai aap ki video Kamal ki lagi 😃😃 Sab log bus simple se bol dete Hain lekin aisa simple hota Nahin hai Aapane to pura imagine bhi karva Diya Kaisa situation tha 😱😱
My placement season already got started and I'm so tense. And I'm having the same lonely and the worst feeling ever in life. I believe everyone has to go through this phase of life and currently it's my turn :(
Bhaiya ssly hum aapka coding journey janna chate hai ki kaise aapne sikha phir kaise starting mae log demotivate ho jaate hai jab DSA karne bathte hai and aapne kaise tackle kiya phir kaha se preparation kari har chizz bhaiya because mae aapse bht jyaada inspire hota hun and aapki videos dekhke confidence jag jata hai ki hum bhi phod sakte hai
Brother , I would really appreciate if you breakdown your CTC and tell how much you'll get in-hand every month after 1st month of joining . It would definitely encourage others to get into FAANG !!
Nothing is easy in life . I was thinking interships are very easy and straight forward placements , but struggling is the only consistent in journey . 😅
bhaiya hamne 12th me mehnat nhi kiy hai, ish liye koi private college hi milega, par hamara coading me interest hai, 12th me C++ liya tha optional me, kafi shi gya mera paper. Agar aap ka koi friend ya colleague Tier 3 ke private ya goverment college se Achi placement nikala hoto, unshe discuss kar ke ekk video bana dijiye ki, hum jaise log kaise prepare kre, top pakage ke liye.
Bro a humble request for you is to add subtitles in your every videos..I know that you are adding it now in your new uploads..But do it for ur old ones too..
@@Abhishek-hg9ql I don't think that could be the reason anymore considering current scenario... Secondly what I have heard is that in startup the learning graph of an individual is way much higher as compared to MNC.. So that's why I was curious to know why he left startup having such a great package
Bro apke boards me kitne aae the ? Does board result matter in ranking Branch in nsit ? Aspirants ke liye suggestions ! Is nsit better or dtu ? In placements .... Campus and all stuff ???
Bhaiya aapki branch COE thi ya CSAI? Please make a new video on different branches of NSUT CS such as AI, Big data analytics etc. , advantages , disadvantages of taking one or other etc..
Ye story hai poori! End tak dekhna kaafi cheeze hai, experience, gyaan, Ctc etc etc
Aur like share comment ❤️
Bhaiya 11 min 30 seconds pe.. phone number visible hai... agr aapko lage toh usee blurr kar dena...btw video was awesomeeee....
Bhayiya nit Jalandhar or nit KURUKSHETRA or pec Chandigarh mai sa kon sa college placements ka liya acha hai cs branch ka liya
Samsung to curefit to Microsoft ❤️🔥
Bhaiya why you Preferred Microsoft over cure.fit????
Coading Journey bhi chahiye,Plaeaseeeee😁🙂
CTC : 27.5 LPA
BASE : 19.5 LPA
In - hand per month : 162k
Conclusion : paisa hi paisa hoga....
Base pe 1.3lakh hoga
Tax b kata jata h..
Bhai 30% tax katega
Tax 2.5lakh/month+ pe hain chutiyo
Or 5lakh/month+(for females)
@@aaradhyarawat7589 Vulgar word use krne se pehle thoda tax ke bare me knowledge gain kr leti to achha rhta
15 LPA+ pr 30% tax lgta h
Bhaiya preparation journey pe bhi video bana do pls🙏🏻. Aur best of luck for MICROSOFT journey. 😀
There are hundreds of video made on RUclips. You just need work
Bhai inka 27.5 lakh ka package tha curefit me to Microsoft kyo join kiya
@@priyadarshiroy9584 Microsoft ka 43 lacks Plus ka package hota hai
@@born2head23 right
Quite nostalgic for me. We also had our placements in the uncertain covid scenario in Aug 2020. I got a job with 14lpa and I cannot describe that feeling. Fast forward now I've offers from Google, Microsoft, Amazon and Goldman Sachs with packages that I would have never imagined, but still, this joy is no match to the joy I got receiving that selection mail of my college placement. Sweet memories.
Can u tell me how to start these courses???
Which college?
Bhaiya which college? Please tell
BMS College of Engineering Bangalore
Cse ?
Even i realized this when it comes to placements u don't really have time to think about your rejections or failures so i learnt how to manage myself
PACKAGE : 27.5 LAKHS CTC
Praise Me People🤣
🤣
Respect++
Accha kiya. Time waste nahi hua😂😂
All hail
which branch?
Congratulations
Since most of you do not know,The actual CTC is the 2nd year CTC and this is important because if you make a switch / look for a new job, then this actual CTC is used to consider for new offer. The high CTC is not taken into consideration…
Let’s say at Microsoft your quoted CTC is Rs 39,30,000 (~39.3 lakhs).
Base Salary: Rs 12,00,000 which is further divided into two components:
Basic salary and flexible Base Plan (FBP)
Basic: Rs 4,72,000 and FBP: Rs 5,28,000
Joining bonus of Rs 3,00,000 (Rs 1,50,000 in the first month and Rs 1,50,000 after 1st year)
Stock Award: $30,000 (given over 4 years) ~ Rs 22,00,000-23,00,000
Relocation bonus: Rs 1,00,000 (given if you are coming from another city)
Note: This is not included in CTC so this is extra as you will get this only if you claim it.
Performance bonus: Rs 2,40,000 (20% of Base salary)
Note: 20% is the maximum if your company (Microsoft in this case) hits its overall goal. It can be less than 20% and even 0%. So, it varies.
There are other components where you can get extra money provided you claim those. These are not included in CTC. These include:
Medical expenses (Within a given limit)
Travel expenses
and others.
Therefore, the following components are added to arrive at the final CTC
Base Salary: Rs 12,00,000
Joining bonus: Rs 3,00,000
Stock Award: Rs 22,00,000
Performance bonus: Rs 2,40,000
This gives the CTC as Rs 39,40,000.
The following components are one-time that is these components are not considered in the CTC of your 2nd year at Microsoft. So, the 2nd year CTC is always less than the 1st year CTC:
Joining bonus: Rs 3,00,000
Stock Award: Rs 22,00,000
Therefore, your 2nd year CTC will be Rs 14,40,000..
In New tax regime, you cannot do tax saving.
In Old tax regime, you can do tax saving like in Fixed deposit, Interest in loans and much more. This is useful only if you have to pay a large amount of interest for loans like education loan, house loan and others.
Let us calculate the minimum salary:
You are doing no tax saving and are in New tax regime.
You did not receive any bonus (0%).
Then, you get the base salary of Rs 12,00,000 only. On this, you pay tax of 20%.
Tax = 2.5 * 0.05 + 2.5 * 0.1 + 2.5 * 0.15 + 2 * 0.2 = 1.15
So, you pay Rs 1.15 lakhs in salary. Your in-hand salary is Rs 10.85 lakhs. So, your monthly in-hand salary is Rs 90,417.
Let us calculate maximum salary:
Let us assume you do tax saving investments and are in Old tax regime. If you have loan and give interests, you can save tax on the interest up to FBP.
So, you have to pay tax on Basic salary of Rs 4,72,000.
Tax = 2.22 * 0.05 = Rs 11,100
You get the performance bonus of Rs 2,40,000 and tax is deducted on it. So, in-hand bonus is Rs 2,28,000.
So, in-hand salary is Rs 11,88,900 per year and it is Rs 99,000.
Therefore, your in-hand monthly salary range from Rs 90,417 to Rs 99,000.
Your 2nd year CTC / actual CTC will be Rs 14,40,000 per year and not Rs 33,40,000 per year.
Note -You’ll be getting stocks worth 22 lakhs but you’ll have to pay 30% tax +10 % long term capital gains tax on them and if you leave the company in between the unvested stocks will be forfeited
It’s great to get into these product based companies ( better than service based ones ) but you should be knowing all these things
Konsa yr chal raha hai CA ka
Kaha the prabhu aap
@@iOmKumar03 c.a course nehi hai exam hoti hai bro
Thanks for this detailed analysis
exposed💀
Nishat i really like your zeal and enthusiasm.. even though I have passed this time 5 years back but cud still feel your emotions..nostalgia moment
As a JEE aspirant I can't understand anything😵💫
Placements sounds more hectic and nervous journey than JEE🥵
no doubt 😂
That's truee yrr😥
It is.
@@shibainu7500 nsut me btech ke liye bhi mains me fodna pdega bro💥💥
@@anujpundir8509 tho karna
Please Complete placement journey from first year till fourth! ❤
Nisant op 🔥
@Dolly Singh What does Op means
Is it opportunity
@@AdityaSingh-kt2xx overpowered
Love from Guwahati bhaiya ❤️❤️
I didn't get admission on NSUT but suffering now
Aapki videos dekhar feel le rha hun ❤️❤️
I am in a tier 3 college but working hard to get a better place in the coming years
Pls roadmap btao na 1st year to last year...
From c++ learning to interview practicing and all the resources
Bhaiya no curefit no nsut
YOU ARE OP!🥰
LOTS OF LOVE
Bhaiya one video on your whole IIT-JEE journey til NSUT please!!!
That groot pen stand in the background is 🔥🔥🔥
*Please make a Video on Coding Journey how did you Prepare🙏*
Keep growing Bhaiya! Hope to meet you in person someday. 🔥🔥
Congratulations brother 💓
Congratulations for 30K subs
Keep it up bro
Road to 1M soon
Mojjjj kardddiii🥳🥳🥳
NSUT OP💯
Waiting for Video, coding journey 🙅♀️
please make a video on your coding journey... Nishant bhaiya OP🔥
Congratulations 🎉🎉 bhaiya🎉🎉
Please Provide Your Notes.
Checkout ep 3 of placement preparation guide
Nishant bhaiya OP 🔥🔥🔥
great could you please share your coding journey . Apart from that MTECH or DS algo is the right way to get into product based company
CTC Op👏🖒
NSUT Op👏🖒and
Nishant Chahar also Op👏🖒😙😙
Great! Your videos motivates me a lottt ❤️❤️
Please BHAI
ek video on which project should we try and experience to do in our 4 years step by step guide which can also help while placements 🙏🙏🙏
Banai hui hai check karna 30 days challenge ka day 3
Bro I respect you and watch 90% of your video. The only thing I find weird is "is it necessary to say I am an incoming sde at Microsoft"?
Yes it is
@@NishantChahar11 bhai bhai 😄
Ego bro, is bande ki nhi but audience ki. Agar koi Infosys placed banda duniya ka best DSA course bhi padhayega to bhi kam log hee samajh paayenge uski value, microsoft bolne se tum at least sunoge uski baat, bhale hee vo DSA mein kitna hee kharaab ho (scenario samjhane k liye bola ye, not saying ki ye bnda bekar h)
@@commenterdek3241 True yaar ye banda almost normal banda lagta hai mereko magar video toh ek dum jaise ki next level hai aur hum bekar haha
Bhai coding journey pe video plss ❤️
It will be very helpful for us ! 🥺
Bhaiya please make video for BCA students
Internship
Off campus placement
NIMCET prepation tips
Bhaiya ek video aapki coding journey pe and Roadmap for DSA ki like kaunsa topic kis topic ke baad padhna chahiye and all in detail please 😅
coding journey please and why did you leave such a great base package😂
Secret xD
Work culture or brand maybe 😌
@@NishantChahar11 bhai iska ans to dena padega, aur q chod diya itna badiya package...!
Once he said that he left because curefit's onboarding process was not starting. I guess he mentioned this in the Microsoft joining video.
@@NishantChahar11 please make a video for your start-to-end coding journey for curefit. I'm having placements soon, maybe something can help!🙏🏻
Make vdo on ur coding journey from scratch.... N also why u choose microsoft over curefit...
Congratulations bro 🔥🔥🔥💓💓💓
Need 2 videos
Why you selected Microsoft?
4 year Coding Journey
Bhai aap ki video Kamal ki lagi 😃😃
Sab log bus simple se bol dete Hain lekin aisa simple hota Nahin hai
Aapane to pura imagine bhi karva Diya Kaisa situation tha 😱😱
Bhaiya again I tell you please make a video on Gate Exam .. . How we can prepare and from where we can prepare. . Please bhaiya bnado ek video 😢✌
Okay bro
Subscribe Kar Diya 😌
Ab aise hi acchi acchi video dekhne ko milega💝💝💝💝💝
Nishant Bhaiya OP 🔥🔥
My placement season already got started and I'm so tense. And I'm having the same lonely and the worst feeling ever in life. I believe everyone has to go through this phase of life and currently it's my turn :(
Did you got selected
@@dhruvsahu86 Not yet, hoping for the best...
@@gomzysharma all the best
@@gomzysharma hua kya abhi 4 weeks ho chuke hai.. placement toh lag gyi hogi ab bhaiya!
@@sandeepkumardas9335 yes lg gyi h bro
Nishant bhaiya op!!!
Great video Bhaiya 🔥
Bhaiya ssly hum aapka coding journey janna chate hai ki kaise aapne sikha phir kaise starting mae log demotivate ho jaate hai jab DSA karne bathte hai and aapne kaise tackle kiya phir kaha se preparation kari har chizz bhaiya because mae aapse bht jyaada inspire hota hun and aapki videos dekhke confidence jag jata hai ki hum bhi phod sakte hai
I felt goosebumps 😁
Nishant bhaiya is a whole vibe ❤️
yes a video on coding journey is needed
Inspiration🔥❤️
@NishantChahar she was impressed op🤙🤙 bhaiya OP
Nishant bhaiya op!
Coding journey pe video bana dijiye bhaiya.
Bro make a video on which language you prepared, which resources you used ( udemy etc....).
Plzzzz 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻
Already shared Checkout the videos around fwb
Bhayiya pls make a video on your coding journey!!
Congratulations Bhaiya 🔥😎
Bhai 1.25L milte hai 20 lakh ke package mai… baki sab tax hai so guys target 25+ tab jake you might get around 1.5L
Biggest mysteries
Kattapa ne Bahubali ko kyu mara
❌🙅🏻♂️
💁🏻♂️ Nishant Bhaiya ne curefit ki place par Microsoft kyu choose kari 💙
😁😁😁
Make a video on : "Roadmap for Tech-Placements from the 1st Semester of the college" ❤
Aram kar abhi bro😂😂😂
Nishant SDE1 at Microsoft OP
you are a great man
Brother , I would really appreciate if you breakdown your CTC and tell how much you'll get in-hand every month after 1st month of joining . It would definitely encourage others to get into FAANG !!
Bro that's confidential he can't tell bcoz of company's privacy policy
@@deepeshk75 can find someone who has already left Microsoft right
it Will be around 1,20,000 Rs considering 19.5 as base. I can say this as I have the same base salary. FYI i am from Tier 2 College.
@@tanmayjain5821 which college ❓
@@SN-edits4u not a good one.
Waah maza aaya placement story sunkar . 🔥 (ノ^_^)ノ
Coding journey par next video banaiye. Aur ha rejection stories vali series bhi continue kariye. 💙
Bahut sahi bhai 🤩😍
Bhaiya preparation journey video most needed🙏
Nothing is easy in life . I was thinking interships are very easy and straight forward placements , but struggling is the only consistent in journey .
😅
For CTC/Package skip to 12:01
😂
Bhaiya can you please make a 3rd year roadmap for cracking FAANG companies. Love ur videos🧡
NSIT good cure fit good but Nishant bhaiya OP🔥🔥🔥🔥
Bhai love you
Sorted ho bhai
Bawal personality 😈👌
1 lakh company se 1 lakh you tube se and 1 lakh share market se oooooo bhai mozz kar di 😁😁
Bhai inspiration for mi 🙏🔥
bhaiya hamne 12th me mehnat nhi kiy hai, ish liye koi private college hi milega, par hamara coading me interest hai, 12th me C++ liya tha optional me, kafi shi gya mera paper.
Agar aap ka koi friend ya colleague Tier 3 ke private ya goverment college se Achi placement nikala hoto, unshe discuss kar ke ekk video bana dijiye ki, hum jaise log kaise prepare kre, top pakage ke liye.
Your Video always Stop me From Procastinating and Motivates me!!!🙌
btw kurta myntra se liya hai na😂😂
Nahi 😂
Pantaloons
@@NishantChahar11 Myntra Bhii waha se hi khareed ke bechta hai😂
Bro a humble request for you is to add subtitles in your every videos..I know that you are adding it now in your new uploads..But do it for ur old ones too..
Congratulations Nishant Chahar. By the way how much does Microsoft offer?
having exam of jee main on 20 july but still watching bhaiya's video😁
All the best ❤️
@@NishantChahar11 thanku bhaiya
@@balraj25997 phad de bro all the best 💫
@@aashishc5287 thnku bro
@@balraj25997 kya huaXD
Plz share your coding journey from starting and and and curefit op ❤️❤️
Congrats bhai aapke chehre per Khushi dikh rahi hai. Matlab ro ke nahin ruk Rahi Hansi.
Congratulations 🎉 bhaiya
Why did you choose microsoft over curefit?? Despite the fact that inhand of curefit is way more than microsoft...
Ek aur video bnake views bhi to chapne hai
Because , Microsoft is an MNC , While cure.fit is an startup , I think that's the reason.
@@akarshitbatra1754 😂
@@Abhishek-hg9ql I don't think that could be the reason anymore considering current scenario... Secondly what I have heard is that in startup the learning graph of an individual is way much higher as compared to MNC.. So that's why I was curious to know why he left startup having such a great package
Curefit offer got revoked due to corona
Bhaiya ab ek ye video BHI banado ki nsut mein admission kaise le full process from starting please
Nishant OP
Yes sir we want video on this topic also
It will be of great help if you make a video on preparation for placements
Inspiring story 👍
Bhaii Batao Na Pura Roadmap 1 st year se last year tak kya kya karana chahiye
Just go and check apna college channel
@@mrg5136 Link Dalo na Bro
@@wsb13 ruclips.net/video/37Aiwud-Jks/видео.html
Everybody wants to follow, no one want to forge their path.
Just saying
make a video about how you started doing coding
will be of great help
thank you
Bhut badiya Bhaiya
love ur voice!!!
All the bestt
Bro apke boards me kitne aae the ?
Does board result matter in ranking
Branch in nsit ?
Aspirants ke liye suggestions !
Is nsit better or dtu ?
In placements .... Campus and all stuff ???
Bhaiya please make a video over your preparation journey and a clear cut roadmap for placement from second year.
Bhaiya aapki branch COE thi ya CSAI?
Please make a new video on different branches of NSUT CS such as AI, Big data analytics etc. , advantages , disadvantages of taking one or other etc..
Congratulations bhaiya!!
Congrats...
We want 3 months preparation video for placement how you prepare for it
Bhaiya full 8 semester cse par details video banao , kya kya padhna padta hai aur kya galtiyaan nahi karni hai aur kab kya karna hai
Banai hui hai bro
Ek bat samaj nhi aye ye toh interview toh laptop se de rhe the naa toh phirr apnaa project laptop me unhee chala ke kysee dekhaya aur wo dekhe kyseee
Companies ki shortlist naa aaj tkk kisi ko samjh aayi naa aane vaali..😂😂
Please make video on coding journey bhaiya 😊
I found you today and Loving your videos please send me your notes link or the vedio link where you share the link
Nishant Bhaiya OP!!
Phod diya bhai gajab 😳😳
pls make a video on how did you prepared for aptitude(resources)
I didn’t use any resource for aptitude 😅