Ctc - Doc Download - Salary Breakup

Hi Friends,
I am new to this cite.
I want to know what are the components of CTC, which we can include while calculating salary break-up.
Thanks
Jyoti Negi

Hi,
Please find
What is CTC ???
CTC (Cost To Company): It includes Employer contribution To PF (12%)
EXP: if CTC is Rs.8000
Employer Contribution To PF = 12% of CTC
i.e. 8000*12% = 360
What is Gross Salary???
CTC- Employer Contribution to PF
i.e. 8000-360 = 7640
Gross = 7640
What is Take Home Salary ???
Gross- employee contribution to PF - other deductions
Gross 7640 Employee contribution to PF (12%) 360
Other Deduction:
Mobile
Food
Cab
Regards,
Maniksing

Please find below break ups.
BASIC 3200 PF 384
HRA 1600 PT 60
CONVEYANCE 800 ESI 133
SPECIAL ALLOWANCE 1654 INSURANCE 20
FILLED ALLOWANCE TOTAL 597

GROSS SALARY 7254 PF 384
ESI 362
GROSS SALARY 7616 TOTAL 746
CTC 8000
NET TAKE HOMESALARY 6657

The CTC stands for Cost to the Company.........wherein all the head of salary and other perks would be counting as CTC...
The Gross Pay and Net Pay would differ from CTC. The explanation given by Maniksing will give you clarity on diff concept of CTC, Gross Pay and Net Pay.
Regards,
DN

HI
CTC means cost ot company.i.e .what are all the expenses incurred by the Company for any of its employee for a particular period(monthly/yearly)
gross pay + employers pf+employers ESI + bonus = CTC
i.e THE SALARY PAYABLE AND OTHER STATUTORY BENIFTS PAYABLE BY COMPANY.
-HOPE U GOT
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Dear Jyoti,
Simply, the all expenses incurred by a company for an employee is called CTC.
CTC stands for Gross Salary+Employer's Share to PF, ESI, Bonus, etc +LTA + all fixed reimbursements(like medical.mobile, fuel, vehicle repair etc.)
While gross salary stands for all part of salary that includes in salary chart or pay slip without any deduction. Like Basic, DA,HRA, CCA,Conv, Education and Medical Allowances, all other allowances payable in salary.
While take home salary = Gross salary - (Employees share of PF & ESI and any tax (TDS and Prof tax) liablities, welfare fund etc.)
Manish Kumar

Hi
Greetings of day & Marry Christmas to all the members
I want to know about ESI. what would be employer cotribution and what would be employee contribution. and also want know time shedule and place where we have to submit the same. i will be thankfuf if you know me.
Thanks a lot
Anamika

HI,
As per my understanding CTC is cost to company and the components are
Basic
+HRA
+CONVEYANCE
+MOBILE REIMBURSHMENT
+MEDICAL reimburshment
+All allowances
+LTA
+employer cotri of PF
+Employer Cotri towards ESI
+Total variable incentives
+PErks & benefits
+ insurance Premium (in case of Group insurance)
Something else if I have left then please update me ...
Regards
Raul

Hi
Greetings of day & Marry Christmas to all the members
I want to know about ES. what would be employer cotribution and what would be employee contribution. and also want know time shedule and place where we have to submit the same. i will be thankfuf if you know me.
Thanks a lot
Anamika
************************
Hi,
Merry Christmas
You need to submit the same in regional esi office in which your office establishment exists.you will get the information on www.esic.nic.in.
Employer contribution (4.75% of BASIC+HRA+SPECIAL ALLOWANCE)
Employee Contribution (1.75% of BASIC+HRA+SPECIAL ALLOWANCE)
Regards
Raul

CTC - COST TO COMPANY SALARY
CTC SALARY VARIES FROM COMPANY TO COMPANY.
But Normaly includes
Gross Salary =Basic+HRA+Conveyance+Canteen+Child Education+other Allowance.
After that it includes Compulsory PF Employer's Contri. 12% of Basic + ESIC 4.75% Of Gross [Ceiling 10,000 if applicable]+{ Medical+Exgratia+LTA} and any other additional benefits.
Some companies includes KRA Amount in the CTC cALCULATION.
Regards,
UDAY SABDE