Understanding Your Take-Home Pay: How to Calculate Salary from a 1,85,000 CTC

Hi Peeyush,

To calculate a salary when the Cost to Company (CTC) is 1,85,000 per annum, you need to consider various components that make up the CTC. The CTC typically includes the basic salary, allowances, bonuses, and other perks provided by the employer.

To calculate the actual take-home salary, you would need to deduct components such as Provident Fund (PF) contributions, Professional Tax, and any other deductions as per company policy.

It's essential to understand the breakdown of the CTC provided by your employer to accurately calculate your salary. You can also consult with your HR department for further clarification on how your salary is structured based on the CTC mentioned.

I hope this helps you in understanding how to calculate your salary based on the CTC figure.

Best regards

Dear Peeyush,

The general principle is to allocate 45% of the salary as basic pay, 40% as House Rent Allowance (HRA), and the remainder as other allowances. Please ensure that the basic pay is higher than the minimum wages applicable in your state.

Regards,
Ajay Morolia

Hey Peeyush,

You can use this template.

Regards,

Dear Peeyush,

You can distribute the salary structure into more categories such as Management Allowance, Children Education Assistance, Newspaper and Magazine Allowance, Conveyance Allowance, Medical Reimbursement, Professional Development Allowance, etc.

Regards,
SPC

Dear Peeyush,

Please find the below-mentioned details of CTC (185,000/- P.A.):
CTC: 185,000

Basic: 92,500
HRA: 46,250
PF: 11,100
Medical Allowance: 15,000
Special Allowance: 20,150

Total: 185,000

Regards,
Mahek

Hi, this is Vasu, an HR Executive. I am a fresher. My email address is b.vasumbahr@gmail.com. I am currently working at the industry level. However, I am unsure about what I should be learning. Please guide me step by step on what I should learn. In my factory, there are a total of 650 employees, including 350 permanent employees and 300 contract laborers. I am eagerly awaiting your reply.

Thank you,
Vasu

Hi, this is VASU, HR Executive. I am a fresher. My email id is [Login to view]. I am working at an industry level. I am not sure what I should learn, so please guide me on the steps I should take to learn. In my factory, the manpower is 650, with 350 employees and 300 contract laborers. I await your reply. VASU