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Old 18-10-2008, 02:06 PM
ravi7882's Avatar
Join Date: Oct 2008
Posts: 7
Default How to calculate Basic Salary from CTC

Hi Friends

I want to know how to calculate the Basic Salary from CTC.

Some of my friends has told me that "this is the reverse calculation of the salary"

I am confused plz help me

My company has Basic salary as 55%, HRA 40%, CCA Rs. 800/-, Medical 1250/-, & Spl Allowance the total of the above calculation is Gross Salary

Company will pay apart from the salary is as follows

1. Employer Contribution towards the pf is Rs. 780/-
2. Group Medical Insurance Rs. 1000/- (appx)
3. Meals Coupan Rs. 1250/-


Please send me the reply with example at the earliest.


Thanks & Regards
Ravi
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