Thread Started by #aniket-trivedi

Hello, My gross salary is 15,500/-. What is my annual ctc and basic?
28th August 2018 From India, Navsari
Dear friend,
Your query compels me to doubt whether your opening statement is correct.
Firstly, if you can say that your gross salary is Rs.15500-00 ( should be per mensem though not mentioned so ), it should certainly comprise of different components in which case there is no necessity to ask about basic and if it is a lump sum, then it should be consolidated salary warranting your question about the basic salary.
Secondly, in the absence of other benefits you get which can be computed in terms of money and the amounts of employer's contributions to EPF,ESIC,Gratuity Fund etc., one can not arrive at the actual amount of your CTC.
28th August 2018 From India, Salem
Gross Salary 15500/-
CTC-18412/- aprox
30th August 2018 From India, Bengaluru
Basic Salary=15000
Your Gros Salary=17600
Net Salary=15492
31st August 2018 From India, Coimbatore
What is the salary/CTC mentioned in your appointment letter ?
As per rules, salary is required to be mention in the appointment letter whereas CTC is not mandatory to be mentioned.
It is not clear as to what facilities are being provided to you by employer--say free meal/ subsidized meals, free pickup and drop etc--which all will go in calculation of CTC.
Why not ask HR to provide you same ?
Col.Suresh Rathi
31st August 2018 From India, Delhi
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™