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Search Result For "What Is Gross Salary" - Page 1
Dear Vijeta,CTC, as the name indicates, is the total cost to the company. This includes:- Basic Pay- Fixed HRA (Generally 40% of Basic pay but may vary as per company policies)- Conveyance Allowance (Fixed amount or mileage allowance for actual movement done)- E...
Hi Vijetha,Making it very simple. You have your earnings and deductions in your pay slip. Your earnings are your gross. The company shares a percentage against your employment as below:- PF 12%- ESI 4.75% (Gross below 15000)- Insurance Premium (Gross above 15000...
Dear Vijeta,Gross salary includes those items which are part of your salary slip. CTC includes gross salary + PF (Employer) + Medical + LTA + Bonus and any other costs paid by the company for the whole year.Regards,Ramesh Pandey
Dear Vijeta,1\. CTC: It includes all the payments (as per terms of appointment) which are to be made on a monthly, quarterly, etc. basis. It is the total cost to be incurred by the company as (Basic, HRA, Conveyance Allowance, Education allowance, Special Allowa...
CTC means Cost to Company, The cost which is spent totally on the employee. This means ESi and PF (Statutory Deductions), both employee and employer deductions, should be shown in CTC, whether in gross, the employer deductions are a hidden factor.
What is the salary/CTC mentioned in your appointment letter?As per rules, salary is required to be mentioned in the appointment letter, whereas CTC is not mandatory to be mentioned. It is not clear as to what facilities are being provided to you by the employer—...
Basic Salary = 15000EPF = 1800ESIC = 308Your Gross Salary = 17600Net Salary = 15492I have corrected the spelling, grammar, and punctuation errors in your input. Additionally, I have formatted the information into separate paragraphs for clarity. If you have any ...
Gross Salary: 15500/-Basic: 9300/-CTC: 18412/- approximatelyEnsure there is a single line break between paragraphs.
Dear friend,Your query compels me to doubt whether your opening statement is correct. Firstly, if you can say that your gross salary is Rs. 15,500.00 (should be per mensem though not mentioned so), it should certainly comprise of different components. In which c...
Hello,My gross salary is ₹15,500/-. What is my annual CTC and basic?