Budget 2019, Bangalore: After the much awaited Budget 2019, a techie in Tata Consultancy Services requests his boss to reverse his hike because his in-hand salary would reduce.
Earlier, Mr. Manjoy from Begusarai bihar had a CTC of 5 LPA. After the hike of 2.5%, his salary went up to a whopping 5.12 LPA.
Now Mr. Manoj’s salary is in the tax brackets and he has to start paying taxes regularly because of which he went to his bosses and requested to reverse the hike.
TCS has ignored Manoj’s request saying that this has been the biggest hikes in the last century and they are trying to register this in the World record books. Hence it would be difficult to reverse the hike as requested by Mr. Manoj.