Understanding the Breakdown of a 6 Lakh CTC: Can Anyone Help Quickly?

Can anyone please give me the details of the breakup for a 6 lakh CTC? It's urgent. Looking forward to hearing from you. Thank you.

This was okay, but please also show the different deductions, including TDS. After deductions, how much will I get as total income or gross salary?

Clarification Needed

One more thing, are total income and gross salary the same?

Thanks,
Awaiting your reply
Regards

Salary Breakdown for 6 Lakh CTC

- Basic: 216,000
- HRA: 120,000
- Conveyance: 144,000
- Telephone Allowance: 84,000
- Provident Fund (employer contribution): 17,992.8
- Bonus: 20,000

Total: 601,992.8

Regards

Salary Breakup and Computation

Working on the salary breakup along with computation and TDS.

Regards

Dear Cite Member/s,

Kindly find attached the format which you may use for CTC computation. I hope you will find this useful.

Can anyone help with framing the sales executive's CTC? Should we include sales incentives in it or not?

Compensation Breakup Structure for Financial Year 2022-2023

I need to create a compensation breakup structure for the financial year 2022-2023. Can anyone help me out with the compensation structure template in which I can figure out the breakup components as part of CTC?

- Basic: 50% of CTC
- HRA
- Employer PF: 12% on 15,000
- Professional Tax
- LTA

Including Flexi Basket Components

If we include the Flexi Basket like Driver Salary, Fuel, Car Maintenance, Mobile, Uniform Allowance, and other allowances with applicable limits, from which CTC can we use these components, and what will be the maximum limit we can place?

Can anyone provide a CTC break calculation with a formula for Mumbai?