N.Krishna Kumar
Hi, Anyone can brief me the Break - ups of CTC offered, what is percentage of CTC components like Basic, HRA, PF, ESI and etc. Regards Krishna
From India, Bangalore
tusha05
Hi, :) what ever I know I am sharing the same with you. Find the attached file. :)
From India, Ghaziabad
Attached Files (Download Requires Membership)
File Type: xls ctc_468.xls (25.0 KB, 2943 views)

Amitmhrm
496

Hi Krishna,

The components of the salary break up may be as below, you can prepare it at the suitability of your own. HRA would be 40 or 50% of basic.

Basic

HRA 40 - 50% is exempted from Taxes, depends on class of city

CCA - 825/- is exempted from tax

Other Allowance

Mobile Reimbursement

Medical Reimbursement of 1250/month is exempted from tax

Gross Per Month = Sum of all the above.

Gross Per Annum= 12*Gross/Month

PF Contribution= 12% of Basic/Annum

ESI Contribution = 4.75% of Gross/Annum

Medical = The mediclaim facility provided to an employee who are not covered under ESI as the maximum ceiling for ESI is 10000/Month.

Getting more than this will be covered under Mediclaim or it depends on company policy

EX-Gratia/Bonus = A fixed amount as Bonus

Annual Fixed Gross Cost= Gross/Annum+ Ex-gratia

Annual Total Cost = AFGC + PF+ESIC

Annual total cost is also called as CTC.

Apart from this Food coupons, Holiday package and Furnishing items are included in their CTC.

Hope it must helped you to clear your queries up to some extent.

Regards,

Amit Seth.

From India, Ahmadabad
N.Krishna Kumar
Dear Mr.Deepak, Hope your doing good. I was looking for the details of salary Break-ups, i gone through your message. It is very useful for me. Thanks, Regards N.Krishna Kumar HR - Recruitment
From India, Bangalore
N.Krishna Kumar
Dear Amit, Fine! Hope your doing good? what are the things included in Gross Salary? what are the things included in CTC? what are the things included in Net Pay?. Plz clarify? Regards Krishna
From India, Bangalore
Amitmhrm
496

Dear Krishna, Go through my post carefully, have already mentiooned the same clkearly.. Regards, Amit Seth.
From India, Ahmadabad
naveeevas
Hi All,
I am having some confusion on salary break ups. I have already went thru all the above updates. But I want to know what is the exact percentage of Basic salary on our total CTC. It could be according to the rule fixed by indian govt. (for Eg., if my sal is 25K per month wht would be my Basic salary...........

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.