Hi All: This is Radhika Pallav, joined new to the group. Just wanted to know what are the fixed ratio for the components of CTC salary in India. Please advice. Regards Radhika
From India, Madras
From India, Madras
Dear,
Components of Monthly Salary can be divided into sub heads such as:
1.Salary that includes Basic ; HRA ; Special Allowance,
2. Perquisites that includes Allowances and Reimbursements
3. Other Perquisites
--- Monthly Provided (Coupons ) & Annullay Provided (LTA;Medical)
4.Statutory Contributions (P.F ,ESI )
The same can be subject to change as per the existing policy of the company.
Regards,
From United States, Santa Clara
Components of Monthly Salary can be divided into sub heads such as:
1.Salary that includes Basic ; HRA ; Special Allowance,
2. Perquisites that includes Allowances and Reimbursements
3. Other Perquisites
--- Monthly Provided (Coupons ) & Annullay Provided (LTA;Medical)
4.Statutory Contributions (P.F ,ESI )
The same can be subject to change as per the existing policy of the company.
Regards,
From United States, Santa Clara
- Basic
Dearness allowance
Overtime
Bonus
City compensatory allowance (CCA)
Conveyance allowance
Medical
Flexible benefit plan
Leave encashment
Leave travel allowance
Gratuity
Children education or hostel allowance
Employee stock option
From India, Ahmadabad
The other major component (opted by many MNC’s) of salary in India are a) medical reimbursements b) Food Coupons
From India, New Delhi
From India, New Delhi
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