GiriKL

"Thank you for the reply, Telikepalli. We had informed the PF office last year, and we found a few errors that were still not rectified. We will address this again this year. However, for my understanding, I would like to know if errors or spelling mistakes in the name will affect the employees in th" ... (more)

"Hi Friends, We have received PF slips and we note that many of the employees' names are misspelled. Will this affect the employees in the future, or as long as the PF number is correct, they need not worry. Giri" ... (more)

"I would suggest not doing the training in Ajax Management. The training they provide is useless. You can acquire those learnings from books. They do not assist with placements or help in securing a job. As Ritika rightly mentioned, after the training, they will not want to see you again. It is just " ... (more)

"Some companies show gratuity in the CTC, but no amount will be deducted from employees' salary. This benefit will only be given if the employees complete at least 5 years of service. Ensure there is a single line break between paragraphs." ... (more)

"Hello, The last drawn basic salary will be taken into consideration for gratuity calculation." ... (more)

"As Hemanth said, even in our company, leave encashment is done on the last drawn basic + DA. However, if an employee takes excess leave, then the recovery is done on the gross salary. Giri" ... (more)

"Both are the same. Some call it Leave Travel Allowance, and some call it Leave Travel Concession." ... (more)

" Greetings friend, I am sorry to say that a deduction of more than Rs.6,500 per month does not depend on the management decision itself. If an employee does not accept and Form-11 is not submitted, it is not feasible to deduct. Sathish Thank you, Satish. I agree with you." ... (more)

"Hi, Though the maximum is 12% of 6500, it depends on the management decision. Management can decide to contribute and deduct the complete 12% on Basic. Regards, Akhila" ... (more)

"Hi, The notice period amount is always calculated based on the gross salary and not the basic salary. Giri" ... (more)

"Hi, Some companies include bonus, LTA, and gratuity amounts in the CTC. Bonus is typically calculated as 8.33% of the basic salary, LTA is equivalent to one month’s basic salary, and 4.75% of the basic salary is allocated as gratuity within the CTC. It is important to note that this practice i" ... (more)

"I just received this information from CiteHR. I hope this attachment will help us in advancing our query." ... (more)

"Hi all, A very interesting question and excellent comments by the members. I have worked for a manufacturing company, and we had our ISO certified by the authorities. This was a mandatory requirement. I hope we get some more comments from our seniors so that our doubts get clarified. Giri" ... (more)

"Sorry, the above one is not clear :-) With Basic 30% of CTC Basic: 5600 HRA: 2240 Conveyance: 800 Med allowance: 1250 Special allowance: 5110 Gross Salary: 15000 — — — — — — — — — — — — — — — — — —" ... (more)

"Hi, With basic 30% of CTC With basic 40% of CTC Basic 5600 7467 HRA 2240 2987 Conveyance 800 800 Medical allowance 1250 1250 Special allowance 5110 2497 Gross Salary 15000 15000 PT and PF will get deducted from the above gross. Giri" ... (more)