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Basic Salary - 9500 HRA - 475 (5%) PF - 780 (0n 6500) ESI - 180 Bonus- 700 monthly Please tell me CTC calculation & breakup Sonali
From India, Pune
CTC is normally calculated on the following basis
If Gross is 10000/- then the ratio is
Basic - 40% of Gross i.e. 4000
DA - 20 % of Basic i.e. 2000
CCA- 20% of Basic i.e. 2000
HRA - 10% of DA i.e. 1000
TPt - 10% of DA limited to 1000

From India, Mumbai
CTC means - Cost to company, which includes all the costs associated with a position.
To arrive at the CTC, you will need add up all the costs like - Gross Salary+Benefits(Medical+LTA+PF+Gratuityaccruals+ot her benefits if any)+Bonus + Incentives.
In case of a new hire the cost to company will also include recruitment costs along with the above.

From United Arab Emirates, Abu Dhabi
Based on the components given by you, the break up would be:
Basic - 9500
HRA - 4750 (Generally its 30% to 50% but its never 5%)
Bonus- 700
Gross Salary- 14950
Net Salary- 14950-780-262=13,908/-
Employers contribution
ESI-8520 (annual)
PF- 9360 (annual)
Annual Salary - 179400 (monthly salary * 12 months, 14950*12)
Employer contri- 17880 (PF + ESI)

Annual CTC 1,97,280/-
Rest it all depends on company to company, the components, the allowances, perks, etc....

From India, Delhi
Dear Sonur,

There is some criteria's which is done by the Central/State Governament, and we can't go with in that and there is some certain policies has been deployed by the company, and moreover am not a master on this, but also i will mention whatever i know.

CTC Details,

Basic Salary - 9500,
HRA - 3135 (Basic salary * 33%/100)
PF - 1140 (12% for employer as well as Employee)
ESI - 457 (ESI is applicable only for who are getting below 20,000 gross salary. and that is deducted 4.81% for Employee and 5.3% for employer.)
Bonus - is depends on company profit.
DA (Dearance Alowance) - it is mandatory for every one that is fixed by state govt, depend on state.
PT (Professional Tax) - this is also an Mandatory.
LTA - Mandatory


Final Gross (CTC).

Here there are so many things we need to add on this, and my personnel suggestion don't do the break up's without knowing.

If you want salary break up structure i will prepare and send it across to you, if you are really intrested, and feel free to call me at any time for any doubts. on related to HR things - 9686825830

From India, Bangalore
Dear Sonur,
CTC stands for cost to company & it is variable as per company policies.
Based on the component given by you CTC would be as below-
Basic Salary - 9500
HRA - 4750( 50%) ( It should be 35%-50% of your Basic)
Monthly gross salary (A)- 14250
Additional components
Employer 's contribution to PF - 780 (0n 6500)
Employer Contribution to ESI- 677 ( 4.75% of 14250)
Bonus- 700
Total Components(B)- 2157
CTC A+B= 14250+2157=16407
Monthly In hand salary- Gross salary-monthly deductions
- 14250-780(Employee's PF)- 250( Employee's ESI)
Depending on company policy, if company pays bonus on monthly basis, please add the same in monthly gross salary & re-calculation the same.
Thanks & regards
Roopa Mehra
Asst. Manager- HR

From India, Gurgaon
I joined an software MNC in mumbai and had a query in re-structuring my salary. As my compnay is an LLC type company they are offering me an option of either I can keep my PF component in my salary or I can withdraw the same. Incase, if opted for withdrawl i would get the companies PF contribution amount also added up in my take home salary. So I am in bit of dillema whether i should go on for the withdrawl of my PF amount in monthly salary or should opt for a PF.
Moreover, as i am into an IT company and also would like to know if the PF component is not included in the salary structure will that be considered as a similar profile of contractual employment. (Note: I am appointed for the permanent full time employment criteria)
Please guide me ASAP...
Thanks in advance :)

From India, Mumbai
If your company strenth is 20 or above, all should be covered under PF. It is a tax saving instrument and carry attractive interest rate. It is a long time saving scheme. Opt for PF coverage. Pon
From India, Lucknow
ctc is calculated on the annual salary+ 2 months extra salary it can vary from place to place
From India, Delhi
Basic 6500
HRA 3250(40-60%of basic)
CCA 650(10% of basic)
Bonus 480
Mobile 350
Adhoc 3560
M Gross 14790
Med/ESI 702(4.75% of M_Gross)_Employer's contribution
Co's PF 780
A.M.G. 16272(CTC)
A.G. 195264

PF 780(12% of basic)
ESIC 258(1.75% of M_Gross)_employees contribution
Take Home (in hand) 13752

From India, Gurgaon

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