I have been selected in one of company recently, they are offering me CTC 4.45L per annum.
Below is the CTC Breakup they sent me, i am bit confused whether this is correct breakup or not.
I have to send acceptance to this offer in week, please can any one tell me if this breakup is correct, should i accept it or not??? is there anything fishy in this ??
Salary Structure :
Earnings Monthly Annual
Basic (16,167) (194004)
H.R. A (8083) (96996)
Conveyance Allowance (800) (9600)
Medical Allowance (1250) (15000)
Special Allowance (5122) (61464)
Total Earnings (31422) (377064)
LTA (9688) annually
Gratuity (777) (9331)
Statutory Bonus (16167) Annually
PLI (72750) Annually
Annual Benefits (107937) Annually
Total Annual Package (485000)
From India, Lonavla
Below is the CTC Breakup they sent me, i am bit confused whether this is correct breakup or not.
I have to send acceptance to this offer in week, please can any one tell me if this breakup is correct, should i accept it or not??? is there anything fishy in this ??
Salary Structure :
Earnings Monthly Annual
Basic (16,167) (194004)
H.R. A (8083) (96996)
Conveyance Allowance (800) (9600)
Medical Allowance (1250) (15000)
Special Allowance (5122) (61464)
Total Earnings (31422) (377064)
LTA (9688) annually
Gratuity (777) (9331)
Statutory Bonus (16167) Annually
PLI (72750) Annually
Annual Benefits (107937) Annually
Total Annual Package (485000)
From India, Lonavla
Looks fine except two aspects 1. Annual Earning portion is not clear (better you get more clarity) 2. If you have PF in your current company, you have to continue in the new firm as well
From India, Bangalore
192From India, Bangalore
Hi, I have got this offer from a company for CTC of 29.4 LPA. Below is the CTC breakup they gave me, wanted to check if this is correct breakup or not according Indian rule. Please can any one tell me if this is breakup is correct or not and should I accept it or not asap?
Monthly Annual
------------ -----------
Basic Salary - 50% 122500 1470000
HRA - 40% 49000 588000
LTA 9375 112500
PF contribution by employee - 12% 14700 176400
Special allowances 49425 593100
----------------------------------------------------------------------------
Total Gross Salary 245000 2940000
----------------------------------------------------------------------------
Deduction:
PF contribution by employee - 12% 14700 176400
Professional Tax (PT) 200 2400
----------------------------------------------------------------------------
Net Salary (Gross-Total deductions) 230100 2761200
----------------------------------------------------------------------------
From India, Hyderabad
Monthly Annual
------------ -----------
Basic Salary - 50% 122500 1470000
HRA - 40% 49000 588000
LTA 9375 112500
PF contribution by employee - 12% 14700 176400
Special allowances 49425 593100
----------------------------------------------------------------------------
Total Gross Salary 245000 2940000
----------------------------------------------------------------------------
Deduction:
PF contribution by employee - 12% 14700 176400
Professional Tax (PT) 200 2400
----------------------------------------------------------------------------
Net Salary (Gross-Total deductions) 230100 2761200
----------------------------------------------------------------------------
From India, Hyderabad
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