Hi, Could I know the possible break-ups in the CTC. Regard Radha
From India, Bangalore
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1From India, Bangalore
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Hi,
CTC means Cost to the Company. As per our company policy, CTC includes basic, HRA, conveyance allowance, and other allowances like attire allowance, medical allowance, professional pursuit allowance, professional tax, PF (Employer & Employee), ESI (both Employee & Employer).
Regards,
ss
From India, Hyderabad
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CTC means Cost to the Company. As per our company policy, CTC includes basic, HRA, conveyance allowance, and other allowances like attire allowance, medical allowance, professional pursuit allowance, professional tax, PF (Employer & Employee), ESI (both Employee & Employer).
Regards,
ss
From India, Hyderabad
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Hi Radha,
I am providing the details of the break-up of CTC, which may be useful to you:
1. Basic Salary
2. Dearness Allowance
3. House Rent Allowance
4. City Compensatory Allowance
5. Magazine Allowance
6. Washing Allowance
7. Conveyance Allowance
8. Canteen Allowance
9. House Loan Subsidy
10. Computer Loan Subsidy
11. LTA or LTC i.e., Leave Travel Allowance/Leave Travel Concession
12. Provident Fund Company Contribution
13. Gratuity
14. Leased Accommodation
15. Performance Incentive
16. Profit-Linked Incentive
17. Children Education Allowance
18. Medical Allowance
19. Leave Encashment
20. Medical Reimbursement
21. Clothing & Shoe Allowance
22. Professional Development Allowance
23. Service Gifts.
I hope this information will be helpful to you.
With regards,
Yoganth Murthy
yoganth@rediffmail.com
From India, Bangalore
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I am providing the details of the break-up of CTC, which may be useful to you:
1. Basic Salary
2. Dearness Allowance
3. House Rent Allowance
4. City Compensatory Allowance
5. Magazine Allowance
6. Washing Allowance
7. Conveyance Allowance
8. Canteen Allowance
9. House Loan Subsidy
10. Computer Loan Subsidy
11. LTA or LTC i.e., Leave Travel Allowance/Leave Travel Concession
12. Provident Fund Company Contribution
13. Gratuity
14. Leased Accommodation
15. Performance Incentive
16. Profit-Linked Incentive
17. Children Education Allowance
18. Medical Allowance
19. Leave Encashment
20. Medical Reimbursement
21. Clothing & Shoe Allowance
22. Professional Development Allowance
23. Service Gifts.
I hope this information will be helpful to you.
With regards,
Yoganth Murthy
yoganth@rediffmail.com
From India, Bangalore
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Yoganth is pointing in the right direction, any benefit a company gives or bears for its employees are taken into account for CTC calculation. regards Uma
From India, Madras
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From India, Madras
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Guide to Major Salary Components
Here is an article that can help you with major salary components used to define salary: http://FastCollab Guide: Basics of S...tCollab | Blog
Benefits of an Online Payroll Management System
An online Payroll Management system can help you with:
1. Set salary components along with their formulas, such as Basic, HRA, LTA allowances, etc.
2. Define salary structures for each designation type.
3. Get automated component values based on the total CTC you are offering a candidate.
4. Run payroll in 4 simple steps.
5. Issue payslips online via email.
6. Collect IT declarations and investment proofs.
For more details, simply create a FREE sign-up on FastCollab. Our team will guide you on how to set up and run payroll with ease. FastCollab | Marketplace | All-In-One Platform
Regards
From India, Hyderabad
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Here is an article that can help you with major salary components used to define salary: http://FastCollab Guide: Basics of S...tCollab | Blog
Benefits of an Online Payroll Management System
An online Payroll Management system can help you with:
1. Set salary components along with their formulas, such as Basic, HRA, LTA allowances, etc.
2. Define salary structures for each designation type.
3. Get automated component values based on the total CTC you are offering a candidate.
4. Run payroll in 4 simple steps.
5. Issue payslips online via email.
6. Collect IT declarations and investment proofs.
For more details, simply create a FREE sign-up on FastCollab. Our team will guide you on how to set up and run payroll with ease. FastCollab | Marketplace | All-In-One Platform
Regards
From India, Hyderabad
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
CTC-Salary Break Up.pdf
Fina salary break up-5,3.5 lac ctc..xls