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M.Peer Mohamed Sardhar
If your salary is Rs.25,000. The calculation is as follows.
Basic - ctc 30%(basic value is 30%)
hra - 40% from basic
special allowance and conveyance dependence on the organization.
Employee - pf 12% from basic
ESIC - 1.75 from gross earning
Professional tax as per law.
GROSS EARNING - PF - ESIC - PT= NETPAY(TAKE HOME)
deduct all those you will get the net pay this is ur take home salary.
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Originally Posted by compsmart_gs
HOW TO CALCULATE THE COST TO COMPANY ? IF THE COMPANY SAYS RS. 25000/- CTC WHT DOES THIS MEAN ? HOW MUCH CASH IN HAND TO BE CALCULATED FOR THE ABOVE STATED SALARY ?
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