Is My Job Offer's Salary Breakdown Accurate? Need Quick Advice Before Accepting!

vaibhav-satve
I have been selected by a company recently, and they are offering me a CTC of 4.45L per annum. Below is the CTC breakup they sent me. I am a bit confused about whether this breakup is correct or not. I have to send my acceptance of this offer within a week. Can anyone tell me if this breakup is correct? Should I accept it or not? Is there anything fishy in this?

Salary Structure:

Earnings | Monthly | Annual
---|---|---
Basic | (16,167) | (194,004)
HRA | (8,083) | (96,996)
Conveyance Allowance | (800) | (9,600)
Medical Allowance | (1,250) | (15,000)
Special Allowance | (5,122) | (61,464)

Total Earnings | (31,422) | (377,064)

- LTA: (9,688) annually
- Gratuity: (777) | (9,331)
- Statutory Bonus: (16,167) annually
- PLI: (72,750) annually
- Annual Benefits: (107,937) annually
- Total Annual Package: (485,000)

Please review the above salary structure and advise if it seems accurate. Your help is greatly appreciated.
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consultme
Looks fine except for two aspects:

1. The annual earning portion is not clear. It would be better to seek more clarity on this matter.

2. If you have a Provident Fund (PF) account in your current company, you will need to continue with it in the new firm as well.

Thank you.
sachin-nag
Hi, I have received an offer from a company for a CTC of 29.4 LPA. Below is the CTC breakup they provided me with, and I would like to verify if this breakup is correct according to Indian rules. Can anyone confirm if this breakup is accurate? Also, should I accept it or not as soon as possible?

CTC Breakup:

Monthly | Annual
---|---
Basic Salary - 50% | 122,500 | 1,470,000
HRA - 40% | 49,000 | 588,000
LTA | 9,375 | 112,500
PF contribution by employee - 12% | 14,700 | 176,400
Special allowances | 49,425 | 593,100

Total Gross Salary | 245,000 | 2,940,000

Deductions:

PF contribution by employee - 12% | 14,700 | 176,400
Professional Tax (PT) | 200 | 2,400

Net Salary (Gross - Total deductions) | 230,100 | 2,761,200
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