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nanu1953
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23rd April 2019, 03:01 PM
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Salary Breakdown Dilemma: How Do You Calculate Basic from a 2,40,000 CTC?
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Posted By
nanu1953
Re: What will be the procedure to make salary break up and the procedure to calculate basic from CTC?
Dear Subhadeep,
Deduct all annualized items (e.g., Bonus, LTA, etc.) and also the employer's portion of PF & ESI from CTC. Divide it by 12 to get the monthly gross.
Based on the latest ruling...
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23rd April 2019, 03:01 PM
