Hi, Could I know the possible break-ups in the CTC. Regard Radha
From India, Bangalore
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1From India, Bangalore
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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
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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
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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
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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
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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
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From India, Madras
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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; such as Basic, HRS, LTA allowances, etc.
2. Define salary structures for each designation type.
3. Get automated component values based on the 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 on how to set up and run payroll with ease.
FastCollab | Marketplace | All-In-One Platform
From India, Hyderabad
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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; such as Basic, HRS, LTA allowances, etc.
2. Define salary structures for each designation type.
3. Get automated component values based on the 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 on how to set up and run payroll with ease.
FastCollab | Marketplace | All-In-One Platform
From India, Hyderabad
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