Hello Abhi, The monthly expense of Rs 37000 in the beginning includes Rent Rs 10,000 + Expenses Rs 15000 + Rs 15000 sent to parents. The annual income shown in the beginning is Rs 9,60,000 (Rs 80,000 per month). In the end I have taken the annual income as Rs 7,80,000 (Annual income Rs 9,60,000 - Annual amount sent to parents Rs 1,80,000). So that is how I have arrived at the annual income of Rs 7,80,000. The client wanted the net income to be considered after deducting this amount sent to parents.
So now in the end the monthly expenses stand at Rs 22,000. (Rs 37,000 - Rs 15,000). Now in the end I have shown the break of Rs 22,000 as Rs 15000 for monthly expenses (Annual Living Expenses Rs 1,80,000) and Rs 10,000 for monthly house rent, which I have shown in a separate column as annual house rent Rs 1,20,000.
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In starting, you say monthly expense is 37000 but in last it’s 15000???
Hello Abhi,
The monthly expense of Rs 37000 in the beginning includes Rent Rs 10,000 + Expenses Rs 15000 + Rs 15000 sent to parents. The annual income shown in the beginning is Rs 9,60,000 (Rs 80,000 per month). In the end I have taken the annual income as Rs 7,80,000 (Annual income Rs 9,60,000 - Annual amount sent to parents Rs 1,80,000). So that is how I have arrived at the annual income of Rs 7,80,000. The client wanted the net income to be considered after deducting this amount sent to parents.
So now in the end the monthly expenses stand at Rs 22,000. (Rs 37,000 - Rs 15,000). Now in the end I have shown the break of Rs 22,000 as Rs 15000 for monthly expenses (Annual Living Expenses Rs 1,80,000) and Rs 10,000 for monthly house rent, which I have shown in a separate column as annual house rent Rs 1,20,000.
I hope this clarifies your doubt