HOW TO CALCULATE THE COST TO COMPANY ? IF THE COMPANY SAYS RS. 25000/- CTC WHT DOES THIS MEAN ? HOW MUCH CASH IN HAND TO BE CALCULATED FOR THE ABOVE STATED SALARY ?
From India, Thanjavur
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Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/search_new.php?q=CTC&submit=Go
https://www.citehr.com/download-list...=CTC&submit=Go
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
In CiteHR you will get A to Z information on HR…..
Regards
M. Peer Mohamed Sardhar
093831 93832

From India, Coimbatore
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Dear Friend,

If your salary is Rs. 25,000, the calculation is as follows:

CTC - 25k
Basic - CTC 30% (basic value is 30%)
HRA - 40% of basic
Special allowance and conveyance depend on the organization.
Employee - PF 12% of basic
ESIC - 1.75% of gross earnings
Professional tax as per law.
Income tax.
GROSS EARNING - PF - ESIC - PT = NETPAY (TAKE HOME)
Deduct all those, and you will get the net pay; this is your take-home salary.

If you come to know any additional information, kindly let me know.

Regards,
Gayathri.R

From India, Madras
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In my opinion, CTC depends on company policy, i.e., what they include in CTC. Employer contributions in PF, LTA, Lunch allowance, etc. We should have clarity on what is covered in CTC; mostly, the company covers PF in CTC.


From India, New Delhi
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