My 19-Month IT Salary Journey: Payslip, Gross Salary, Net Pay and Variable Pay

 My Real IT Salary History

Instead of publishing a generic salary example, I decided to share my own 19-month salary history so that readers can see how monthly compensation actually changed over time.

The payslip information on this page covers February 2024 through August 2025.

My Average Monthly Gross Earnings

Using the 19 months shown in the document:

₹32,11,828 ÷ 19 = approximately ₹1,69,044

So my average gross earnings across these 19 payroll months were approximately:

₹1.69 lakh per month

My Average Monthly Net Pay

My total net pay over the same period was:

₹26,32,021

Dividing this across 19 months gives an average of approximately:

₹1,38,527 per month

Component	Feb-24	Mar-24	Apr-24	May-24	Jun-24	Jul-24	Aug-24	Sep-24	Oct-24	Nov-24	Dec-24
Basic Salary	48,965	48,965	48,965	48,965	48,965	48,965	48,965	48,965	48,965	51,510	51,510
HRA	24,481	24,481	24,481	24,481	24,481	24,481	24,481	24,481	24,481	25,754	25,754
Personal Allowance	48,963	48,963	48,963	48,963	48,963	48,963	48,963	48,963	48,963	51,509	51,509
Other Allowances	11,445	11,445	11,445	10,345	10,345	10,345	10,345	10,345	10,345	10,948	10,948
Variable Bonus	0	0	0	101,631	0	0	0	0	0	144,783	0
Shift Allowance	11,300	10,500	13,300	9,300	0	20,500	12,500	12,600	13,000	12,400	12,600
Gross Earnings	146,322	145,154	147,154	242,585	133,854	153,254	145,254	145,354	145,754	294,524	152,321
Provident Fund	5,876	5,876	5,876	5,876	5,876	5,876	5,876	5,876	5,876	6,181	6,181
Income Tax (TDS)	20,325	19,968	18,834	48,638	14,749	20,840	18,796	16,276	16,459	63,193	19,099
Net In-Hand Pay	120,481	117,673	122,444	188,071	113,729	126,538	120,582	121,952	123,419	225,150	127,041

Component	Jan-25	Feb-25	Mar-25	Apr-25	May-25	Jun-25	Jul-25	Aug-25	19-Month Total
Basic Salary	51,510	51,510	51,510	105,000	105,000	105,000	105,000	105,000	1,220,690
HRA	25,754	25,754	25,754	29,565	29,565	29,565	29,565	29,565	495,651
Personal Allowance	51,509	51,509	51,509	0	0	0	0	0	695,686
Other Allowances	10,948	10,948	10,948	0	0	0	0	0	150,542
Bonus / Referral	0	0	0	0	134,838	35,000	0	0	416,252
Shift Allowance	12,600	11,900	100	13,000	12,000	12,900	12,600	12,500	224,500
Gross Earnings	152,321	151,621	149,793	147,565	282,303	182,465	147,165	147,065	3,211,828
Provident Fund	6,181	6,181	6,181	12,600	12,600	12,600	12,600	12,600	146,484
Income Tax (TDS)	19,525	19,556	19,329	11,678	38,054	19,613	12,305	12,284	429,518
Net In-Hand Pay	126,615	125,884	123,008	123,287	231,649	150,252	122,260	122,181	2,632,021