Basic Salary ₹11,50,000
House Rent Allowance ₹4,60,000
Standard Deduction ₹40,000
City Compensatory Allowance ₹6,50,000
Total Gross CTC ₹23,00,000
Please Note: Above CTC breakup doesn't have PF please don't include this component.

From India, Bengaluru
Dear ANNONYMOUS Friend,
What is this Standard Deduction Rs. 40,000? In 2018-19 you are entitled to Standard deduction of Rs. 40000 in your income under ITax.
How this Standard deduction is taken as CTC??? Is this amount has load on your employer as cost to him???
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From India, Mumbai

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