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Search Result For "Other Benefits In CTC" - Page 1
Dear Dhaksheel,Medical reimbursement (domiciliary and hospitalization) procedures will vary from organization to organization depending on the tie-up they have with the insurance company. Certain companies will pay Rs. 15,000 per annum or Rs. 1,250 per month as ...
Well, as far as I know, the amount that is being deducted from your pay is given to you only in terms of Special Allowance or in any other form.
Thank you for your response.I would like to inquire about what happens to the amount that is shown in CTC as an annual benefit, which the company sets aside. Does this amount go to the government or does it remain with the company itself?S.K.
Dear S.K.,I received your reply. Thank you!Bonus and Ex-gratia are separately mentioned in my CTC as annual benefits. Gratuity is also considered an annual benefit, and the company sets aside a specific amount for my gratuity valuation.So, what about that money?...
Dear Savio,Thank you for your valuable inputs. However, I am unclear about the relation between LIC and the leave encashment. I request you to please elaborate on the same.Regards,Dheeraj
Thank you very much.In our case, the employer is deducting Gratuity at a rate of 4.81% from the basic salary. If an employee leaves after 2 years, they must be paid the deducted gratuity amount.In another scenario, if employees are paid according to the rules af...
Hi,It's not deducting from the employee's salary; it is an obligation that has to be paid by the employer to employees who have completed 5 years.
Dear All,Please tell me the correct calculation of CTC.With Thanks & Regards,Pulkit
Hi Everyone,Please tell me, can we pay a basic salary to an employee that is less than minimum wage or not?
Based on the CTC amount per month, all other components will be derived using formulas.