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Hi Gnanakumar,
An offer letter typically contains Basic Salary, Company's PF contribution, HRA and Conveyance. All those are added to get the CTC (ie). Cost To Company.
In the above scenario, Company's PF contribution would be 12% of the basic salary, HRA would be 50% of the basic and Conveyance would be typically Rs.800/- for sure. So, all those components added with basic salary will give you the CTC.
Thanks.
Vimal.

I am confused. Can anyone tell me among the items listed below which are benefits and which are not:-
1. Leave Travel Assistance.
2. Bonus/Ex-gratia.
3. Gratuity.
4. House/Quarter Maintenance.
5. Electricity.
6. Gas.

Dear Sirs/Madams Can anyone please provide me the bifurcation of ESIC, both employer contribution i.e. 4.75% and employee contribution i.e. 1.75% Regards Tapash
Hi All what is the diff between Total Earnings and CTC, is the Gross salary and is same as Total earnigns Regards, vJ

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