What are the general components of salary in India?

RadhikaPallav · #11 07-04-2005, 01:51 PM

Hi All:

This is Radhika Pallav, joined new to the group.

Just wanted to know what are the fixed ratio for the components of CTC salary in India.

Please advice.

Regards
Radhika

reema · #12 02-05-2005, 11:06 PM

pls could u tell me , whether in india we have a branding of employees?
and i had also read of "BUFFET BENIFIT PACAKAGES" what are thys?

aguinn · #13 03-05-2005, 06:01 PM

Reema:

Are you referring to "Cafeteria Style" benefits where a party can pick and choose the specific benefit package which he or she wants, dependent upon specific needs and ability to pay?

Alan

prash77 · #14 10-05-2005, 04:20 PM

Dear All,

If anyone has salary structure of IT companies pls forward to me my email id

If you have sample copy how to work out the structure, pls send it to me

I would be thankful for your help

Regards,
Prashanth

sylvester · #15 23-05-2005, 07:59 PM

hi this is Sylvester Arockia dass.P
I have Just joined the network. It was nice and interesting to go through the messages and informations. I wish every ona veye happy and healthy career :P

Shubhda · #16 30-06-2005, 06:10 PM

Dear,

Components of Monthly Salary can be divided into sub heads such as:

1.Salary that includes Basic ; HRA ; Special Allowance,

2. Perquisites that includes Allowances and Reimbursements

3. Other Perquisites
--- Monthly Provided (Coupons ) & Annullay Provided (LTA;Medical)

4.Statutory Contributions (P.F ,ESI )

The same can be subject to change as per the existing policy of the company.

Regards,

Ekta Sharma · #17 11-07-2005, 10:21 AM

Basic
Dearness allowance
Overtime
Bonus
City compensatory allowance (CCA)
Conveyance allowance
Medical
Flexible benefit plan
Leave encashment
Leave travel allowance
Gratuity
Children education or hostel allowance
Employee stock option

raminder_kainth · #18 11-07-2005, 08:43 PM

The other major component (opted by many MNC's) of salary in India are

a) medical reimbursements
b) Food Coupons

fabesd · #19 02-08-2005, 11:06 AM

Dear Madam,
Me 2 facing th same problem, Can u let me know if u have got some advice on the
Salary front.

Rgds
Fabian

swathi · #20 02-08-2005, 01:31 PM

Dear all,

I had the same problem plz any one can help me out. please let me know what are the compents to fix a salary for an IT company keeping into consideration of latest tax rules.

i would be thankful if any one will help me out.

swathi