How is CTC calculated in salary?
Formula: CTC = Gross Salary + Benefits . If an employee’s salary is ₹40,000 and the company pays an additional ₹5,000 for their health insurance, the CTC is ₹45,000. Employees may not directly receive the CTC amount as cash.
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Read moreWhat is CTC in Excel?
CTC = Direct benefits + Indirect benefits + Saving Contributions . Direct Benefits: Basic Salary, DA, Conveyance Allowance, HRA, Medical Allowance, LTA and other allowances if any. Indirect Benefits: Interest-free loans, food coupons, Company leased Accommodations, Medical Insurance, Income Tax savings.
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How to CTC Calculation sheet?
Read moreWhat is the CTC for 25000 salary?
Salary Breakup For 25000 Rs Per Month: Gross Salary 25000 Rs Per MonthEarningsDeductionsBasic 60%15000PF 12% Of BasicHRA 20% Of Basic3000Professional TaxConveyance Allowances (Fixed)1600Loss of paySalary Slip For 25000 Per Month In India 2021 – HR CABIN www.hrcabin.com › salary-slip-for-25000-per-month
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