Hi
CTC means Cost to the Company.
As per pur company policy CTC includes basic,hra,conveyance allowance,other allownaces like attire allowance, medical allowance,professional pursuit allowance etc,professional tax, PF (Employer & Employee),ESI (both Employee & Employer).
Regards
ss
From India, Hyderabad
CTC means Cost to the Company.
As per pur company policy CTC includes basic,hra,conveyance allowance,other allownaces like attire allowance, medical allowance,professional pursuit allowance etc,professional tax, PF (Employer & Employee),ESI (both Employee & Employer).
Regards
ss
From India, Hyderabad
Hi Radha
I am giving 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 Accomodation
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.
hi i hope this will be helpful to you
with regards
yoganth murthy
From India, Bangalore
6I am giving 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 Accomodation
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.
hi i hope this will be helpful to you
with regards
yoganth murthy
From India, Bangalore
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
From India, Madras
Hi Radhar
Here is an article that can help you with major salary components used to define salary.
#FastCollab Guide: Basics of Salary Slips | FastCollab | Blog
An online Payroll Management system can help you with:
1. Set salary components along with their formula; like - Basic, HRS, LTA allowances etc
2. Define salary structures for each designation type
3. Get automated component values based on total CTC you are offering a candidate
4. Run payroll in 4 simple steps
5. Issue Payslips online via email
6. Collect IT declaration and investment proofs
For more details, simply create a FREE Sign-up on FastCollab. Our team will guide you out on how to setup and run payroll with ease.
FastCollab | Marketplace | All-In-One Platform
From India, Hyderabad
Here is an article that can help you with major salary components used to define salary.
#FastCollab Guide: Basics of Salary Slips | FastCollab | Blog
An online Payroll Management system can help you with:
1. Set salary components along with their formula; like - Basic, HRS, LTA allowances etc
2. Define salary structures for each designation type
3. Get automated component values based on total CTC you are offering a candidate
4. Run payroll in 4 simple steps
5. Issue Payslips online via email
6. Collect IT declaration and investment proofs
For more details, simply create a FREE Sign-up on FastCollab. Our team will guide you out on how to setup and run payroll with ease.
FastCollab | Marketplace | All-In-One Platform
From India, Hyderabad
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CTC-Salary Break Up.pdf
CTC Break up.xls