I need to add a 600/- Sodexo coupon in CTC Breakup. Please suggest to me, should I add it to the gross amount or directly to the in-hand amount.
The breakup is as follows:
Basic
HRA
CCA
CA
.....??......
GROSS
ESIC
PF
.....??......
CTC
Where should the Meal Allowance be included?
Regards,
Sneha
From India, New Delhi
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The breakup is as follows:
Basic
HRA
CCA
CA
.....??......
GROSS
ESIC
PF
.....??......
CTC
Where should the Meal Allowance be included?
Regards,
Sneha
From India, New Delhi
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Dear Sneha, CTC breakup does not mean gross or net salary thus you can add on as extra benefits in CTC rather than gross or net.
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All the Allowances/Incentives/Other Perks should be included in Gross Salary only. For Queries Write me to my G M A I L id: arvino.thehindu
From India, Chennai
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From India, Chennai
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Gross salary falls under direct costs, while Food Allowance (Sodexo Coupon) should be considered an indirect cost. If you add it to the gross salary, the take-home salary will increase. In that case, how can you further provide additional Sodexo coupons to the employee?
From India, Mumbai
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From India, Mumbai
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CTC Breakup.xls
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