Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
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.

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

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™