Basically, you want to add the value of everything you receive from your employer together. To calculate your total compensation, start with your salary (that’s likely the largest number in your total compensation, after all) and add the value of your employer-provided health insurance .
Read moreHow is salary package calculated?
How to Calculate your Take-Home Salary?
Read moreWhat will be in hand salary if CTC is 12 LPA?
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 is salary calculated in India?
What is the formula for salary calculation? 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 basic is calculated from CTC India?
How much is basic salary of CTC? Usually, basic salary is 40% to 50% of CTC (Cost to Company) . Statutory components such as bonus, PF, gratuity and other benefits are determined on the basis of the basic salary. Any increase or decrease of basic salary can affect an employee’s CTC.
Read moreIs basic salary half of CTC?
According to new rules, the basic salary cannot be less than 50 per cent of the CTC . Currently, this ranges anywhere from 30 to 40 per cent of the gross salary. The rest is covered by allowances like HRA, Telephone charges, Newspapers etc. Now, since the Basic Salary is increasing, the allowances will go down.
Read moreHow is basic salary calculated from CTC online?
What is the formula for salary calculation?
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