Understanding CTC Inclusion in Payslip and LTA Allocation: HR System Insights

Hi,

Our company is formulating the HR system, and there are a good amount of debates on every point. Could someone explain the following?

1. Why is the CTC part not included in the payslip?
1a. Is there any advantage in adding CTC to the payslip?
1b. What is the drawback if we add CTC to the payslip?

2. Where should we consider LTA - in Gross or in CTC?
2a. Can we include it in "Earnings" on a monthly basis?

Please suggest your views.

Regards,
MOHAN

Dear Friend,
Although I am unable to give the exact information you require, Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.php?q=+CTC&submit=Go
https://www.citehr.com/search_new.php?q=payroll+format
https://www.citehr.com/search_new.php?q=Payslip
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
In CiteHR you will get A to Z information on HR…..
Regards
M. Peer Mohamed Sardhar
93831 93832

Thank you very much for the information. We have more or less attained all these. But couldn't find anything specific to the mentioned questions. If you could find some, please...

Regds
MOHAN