I want to know about ctc calculation . Also tell me whether ctc calculation is made keeping in view govt rules . IF yes , then tell me the rules in detail wise
From India, Pune
The CTC calculation has to be made keeping in view of the Various acts applicable like, Income tax, PF, ESI if applicable, Payment of Bonus etc. Consider Basic salary, D.A.,H.R.A.,Any other allowances like special allowance, conveyance allowance,Medical allowance etc, Bonus to be given.Add all these and deduct the concerned deductions like PF ESI with employer's contribution and the final figure arrived is CTC.
From India, Coimbatore
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