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Hello, My gross salary is 15,500/-. What is my annual ctc and basic?
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.

From India, Salem
Gross Salary 15500/- Basic-9300/- CTC-18412/- aprox
From India, Bengaluru
Basic Salary=15000 EPF=1800 ESIC=308 Your Gros Salary=17600 Net Salary=15492
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

From India, Delhi
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