Hello Friends,
One of my friend works in an International BPO in Ahmedabad. He's basically from Vadodara. Now his company is providing him Rs.4,000/- as 'OUT STATION Allowances'.
So he wants to know that whether these allowances will be included as part of his Annual CTC package?? In other words, will these allowances will be a part of Gross salary structure??
Please give me a feedback on this query.
Rgds,
Harshavardhan
From India, Ahmadabad
13One of my friend works in an International BPO in Ahmedabad. He's basically from Vadodara. Now his company is providing him Rs.4,000/- as 'OUT STATION Allowances'.
So he wants to know that whether these allowances will be included as part of his Annual CTC package?? In other words, will these allowances will be a part of Gross salary structure??
Please give me a feedback on this query.
Rgds,
Harshavardhan
From India, Ahmadabad
Yes it will be a part of Annual CTC, please check the Salary slip or the Salary Annexure of your Appointment Letter that whether the same is included in Gross Salary too. As per my best knowledge it will be included in Gross Salary
From India, Ahmadabad
From India, Ahmadabad
outstation allowances or site allowances are income and subject to I.Tax purview. It may be treated as part of CTC, however, this allowance will be discontinued once the employee return to the base. Hence it is not fixed. In sime organisations, they don't include these allowances in CTC.
Pon
From India, Lucknow
Pon
From India, Lucknow
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PF query.doc
1 Guidlines On PF to be charged on all other allowances 05032019.pdf