Hi Gnanakumar,
An offer letter typically contains Basic Salary, Company's PF contribution, HRA and Conveyance. All those are added to get the CTC (ie). Cost To Company.
In the above scenario, Company's PF contribution would be 12% of the basic salary, HRA would be 50% of the basic and Conveyance would be typically Rs.800/- for sure. So, all those components added with basic salary will give you the CTC.
Thanks.
Vimal.
An offer letter typically contains Basic Salary, Company's PF contribution, HRA and Conveyance. All those are added to get the CTC (ie). Cost To Company.
In the above scenario, Company's PF contribution would be 12% of the basic salary, HRA would be 50% of the basic and Conveyance would be typically Rs.800/- for sure. So, all those components added with basic salary will give you the CTC.
Thanks.
Vimal.