Confused About My CTC as a Contract Employee – Can You Help Me Understand My Payslip?

Raj A
I tried contacting the management, and they are least bothered. I am attaching my last company payslip. Based on what you see, what could be my CTC? I was a contract employee, and because my consultant fee is Rs 21,000, I am calculating my total fee as 21,000 multiplied by 12, which amounts to Rs 2,52,000. Please advise. Kindly check the attached payslip.
1 Attachment(s) [Login To View]

KGS SWAMY
They are showing as a consultancy fee, not salary. So the income is considered as Business Income. TDS deducted at 10%.
manojkamble
Dear Raj,

CTC will be INR 2,52,000. You are correct in calculating your CTC, but you also need to include any other benefits given to you, such as Mediclaim, mobile reimbursement, or any other benefits that can be part of your CTC.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute