Let’s take an example for a better understanding of salary structure to calculate the in hand salary from CTC
Read moreHow is monthly salary calculated India?
Since October has 31 days, the per-day pay is calculated as Rs 30,000/31 = Rs 967.74. This is a variant of the Calendar day basis. In this method, the pay per day is calculated as the total salary for the month divided by the total number of calendar days minus Sundays .
Read moreHow do I calculate my hand salary?
What is the formula for salary calculation?
Read moreHow is Inhand salary calculated from CTC?
Let’s take an example for a better understanding of salary structure to calculate the in hand salary from CTC
Read moreWhat is the in hand salary for 12 LPA?
General Comparison Chart For Approximate Understanding by Ck BandCTC (Yearly)In Hand SalaryA20 lakh1,15,000 per monthB15 lakh95,000 per monthC12 lakh82,000 per monthC10 lakh63,000 per monthCTC vs In Hand Salary – CetKing cetking.com › ctc
Read moreHow is monthly hand salary calculated?
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 moreWhat is the take home salary for 9.5 lakhs?
Your total yearly take-home salary = gross salary – total deductions = ₹9.50 lakhs – ₹48,700 = ₹9,01,300 . Now, your monthly take-home salary = annual salary/12 = ₹9,01,300/12 = ₹75,108.
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