Dear HRs,

I am working as an HR in PMC as a Recruiter. I want to learn about payroll, so I would like to understand the difference between CTC and Gross in a salary package. Kindly assist me with this information.

Thank you and regards,
SRIRAM

From India, Madras
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Dear Sriram, Please find attached herewith CTC format in which difference has been shown.
From India, Nasik
Attached Files (Download Requires Membership)
File Type: xls CTC.xls (32.0 KB, 332 views)

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Dear Amresh,

The deductions of PF and ESIC are as follows:

PF - Employer - 13.61% on Basic and DA, and Employee - 12% on Basic and DA.

ESIC - Employer - 4.75% on Gross wages, and Employee - 1.75% on Gross wages.

BIJAY

From India, Vadodara
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what is the salary break up for annual ctc of 275000, for the proprietor firm with less than 9 employees. pls give the solution for the same.
From India, Mumbai
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