General Comparison Chart For Approximate Understanding by Ck BandCTC (Yearly)In Hand Salaryzero25 lakh1,50,000 per monthA20 lakh1,15,000 per monthB15 lakh95,000 per monthC12 lakh82,000 per monthCTC vs In Hand Salary – CetKing cetking.com › ctc
Read moreHow do you calculate CTC in Excel?
Download free automatic salary and CTC breakup calculator in Excel.
Read moreHow is CTC calculated from monthly salary in India?
Take Home Salary = Gross Salary – Income Tax – Employee’s PF Contribution(PF) – Prof. Tax. Gross Salary = Cost to Company (CTC) – Employer’s PF Contribution (EPF) – Gratuity . Gratuity = (Basic salary + Dearness allowance) × 15/26 × No. of Years of Service.
Read moreHow do you calculate CTC?
CTC is calculated by adding salary and additional benefits that an employee receives such as EPF, gratuity, house allowance, food coupons, medical insurance, travel expense and so on. CTC in colloquial terms is the cost an employer bears to hire and sustain its employees. Formula: CTC = Gross Salary + Benefits .
Read moreHow is salary breakup calculated?
In a nutshell, Net Salary = Basic Salary + Allowances – Income Tax/ TDS – Employer’s Provident Fund – Professional Tax . Add the allowances to the basic salary and you arrive at the gross salary. This amount is calculated before the application of taxes and other deductions.
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