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If my salary is 5 lakhs per annum excluding tds/tax. How much will I be actually earning per month after calculation?
Also, if you could also explain the process of calculation, it would be helpful for my learning. Thanks.
So, there is no TDS applicable?

I will get exactly the same salary every month in hand as i am supposed to? Which is 41k approx.

Could you suggest anywhere i can read about it in detail?
Hi, about to join a law firm in July. Pls explain me the math. My fixed salary is 90k. Now tell me how much will be in hand. What will be deducted? How much? You get the gist. Thanks!
how is 27k being deducted? what's the calculation? what all is being deducted?
Sorry, I forgot to mention that I have not cleared the Professional papers, I am still only an Article.

Jokes aside, you'll get 81k and can claim rebate in july next year.
chill dude, my gross is 1.2L & deduction max.13K. Ask your colleagues purusing CA or having taxation Knowledge or visit on youtube, get many ideas of saving.

Kian is kidding, he is on high 🍻

ENJOY
So far what i have understood is that there is a 10% TDS on salary. Nothing else. Every month i will receive 10% less on my salary. Which is 41k-4k=37k. Is this correct?
U don't fall under the tax bracket so I don't think that TDS would be applicable here
TDS is still deducted. you'll have to file returns and seek a refund.
TDS is cut for everyone and can be fully claimed back by you as you fall below the tax bracket. When you file your ITR