1. #1
    Unregistered

    Guidance needed for salary break-up

    I am working in a software company since last one year. My annual gross salary is Rs. 4, 25,000. It includes CTC like conveyance, Travel allowance, mobile bill etc. I need to figure out the components of the break up and cash in hand?

  2. #2
    sagar R.kachhadiya Array
    Join Date
    Oct 2012
    Posts
    12

    Re: Guidance needed for salary break-up

    CTC means "Cost To company" due to your employment and provinding facility to you.
    Each company having their own ways to calculate the CTC.there will be some fixed and some variable compnonets of CTC.
    you also get directly and some indirectly benefits by CTC.

    Components of CTC

    --> Basic Salary
    --> Dearness allowance
    --> House rent allowance
    --> Conveyence allowance
    --> Meal coupens
    --> Telephone/Mobile bills
    --> Medical allowance
    --> Gratuity
    --> Travel Allowance
    --> Insurance benefits
    --> Fixed and variable bonus

  3. #3
    Ashok Array
    Join Date
    Jul 2012
    Posts
    2,293

    Re: Guidance needed for salary break-up

    Quote Originally Posted by Unregistered View Post
    I am working in a software company since last one year. My annual gross salary is Rs. 4, 25,000. It includes CTC like conveyance, Travel allowance, mobile bill etc. I need to figure out the components of the break up and cash in hand?
    Dear Aspirant,

    CTC i.e cost to company whch includes all types of expenses incurred on a particular employee.It includes basic pay,dearness allowances,house rent allowancs,travelling allowances,mobile bills,medical allowances & or any other allowances.

    In order to know the exact break up of salary,you are required to contact the account manager of your company.

    In general,you can assume 72% of dearness allowances of your basic & grade pay,10 to 30 % of house rent allowance depending upon the place of posting.

    So contact the account manager & know your break up salary in details.

    Thanks & good luck.

    Ashok

+ Reply to Thread

Similar Threads

  1. Salary break up with tax benefit?
    By Unregistered in forum Professional Discussions
    Replies: 14
    Last Post: 06-02-2013, 12:31 PM
  2. Replies: 3
    Last Post: 04-02-2013, 02:56 PM
  3. Excel format for CTC salary break up?
    By Unregistered in forum Professional Discussions
    Replies: 1
    Last Post: 01-11-2012, 11:27 PM
  4. Can I take a 3 months break from my job? Will I get salary for that?
    By Unregistered in forum Professional Discussions
    Replies: 14
    Last Post: 27-09-2012, 11:20 AM