Hi Gnanakumar,
An offer letter typically contains Basic Salary, Company's PF contribution, HRA and Conveyance. All those are added to get the CTC (ie). Cost To Company.
In the above scenario, Company's PF contribution would be 12% of the basic salary, HRA would be 50% of the basic and Conveyance would be typically Rs.800/- for sure. So, all those components added with basic salary will give you the CTC.
Thanks.
Vimal.
From India, Bangalore
1An offer letter typically contains Basic Salary, Company's PF contribution, HRA and Conveyance. All those are added to get the CTC (ie). Cost To Company.
In the above scenario, Company's PF contribution would be 12% of the basic salary, HRA would be 50% of the basic and Conveyance would be typically Rs.800/- for sure. So, all those components added with basic salary will give you the CTC.
Thanks.
Vimal.
From India, Bangalore
I am confused. Can anyone tell me among the items listed below which are benefits and which are not:-
1. Leave Travel Assistance.
2. Bonus/Ex-gratia.
3. Gratuity.
4. House/Quarter Maintenance.
5. Electricity.
6. Gas.
From India
1. Leave Travel Assistance.
2. Bonus/Ex-gratia.
3. Gratuity.
4. House/Quarter Maintenance.
5. Electricity.
6. Gas.
From India
Dear Sirs/Madams Can anyone please provide me the bifurcation of ESIC, both employer contribution i.e. 4.75% and employee contribution i.e. 1.75% Regards Tapash
From India, Mumbai
From India, Mumbai