Desired annual ctc in lakhs

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WebFor example, your Cost To Company (CTC) is Rs 8 lakh. The employer gives you a bonus of Rs 50,000 for the financial year. Then your total gross salary is Rs 8,00,000 – Rs 50,000 … WebSep 3, 2024 · CTC or cost to the company is the amount of money spent by the employer to hire a new employee. It comprises of several components such as HRA, medical insurance, provident fund, etc. which is added to the basic pay. ... For instance, if the employee invests INR 1.5 lakh in tax saving entities under Section 80C such as mutual funds, PPF, etc ...

Calculate Your In-Hand Salary Based on Your CTC - Khatabook

WebNov 27, 2024 · CTC means Cost To Company. The total cost that a company would incur, on an employee, in a year. Per month salary and other benefits that the company pays an employee, are actually cost to the company. CTCpackage is a term often used by private sector Indian companies while making an offer of employment. how to speak in fivem

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http://www.raagvamdatt.com/cost-to-company-or-ctc-salary-understanding-and-calculation/ WebJul 1, 2010 · Here are my deductions -. My Gross monthly (As Per offer letter) is 31448 after deductions of yearly. Employee contribution PF - 13925. Medical Allowance - 8703. After that again monthly deductions , EPF @ 12% - 780. Professional Tax- 183. Income tax - 1500 (in 9 Installments startin dis month to end in March) WebFeb 19, 2024 · Salaried Employees CTC Income Tax Calculation: The CTC of a salaried employee in a private company has various components. These include Basic Salary, … how to speak in gmod

What is the meaning of CTC in Lacs? - Answers

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WebOne to find the in hand salary from a gross pay, one needs to divide the ctc/15. This is the standard rule. In your case the variable factor is already excluded. So, just divide your … WebDec 20, 2024 · CTC Contents A Sample Cost to Company package of 14 lakhs in Karnataka, India with take-home pay of 93 thousand per month: CTC = Direct benefits + … rcs beauty aestheticWebJun 1, 2024 · CTC meaning. The Cost to Company (CTC) of an employee is the annual cost that a business pays to that person. The CTC is computed by combining the employee’s … how to speak in hands like gaster

"WebSo if your annual CTC is Rs 50 lakh, you can expect to get an annual take home of 35 lakh or Rs 2.9 lakh per month.” What is it like earning 50 lakhs in India? 50 LPA is a decent pay in India and can lead to a great lifestyle if you are interested in spending full money. " - Desired annual ctc in lakhs

Desired annual ctc in lakhs

Salaried Employee CTC Income Tax Calculation FY 2024-2024 The ...

WebMay 3, 2024 · Your monthly in-hand salary is the amount that remains after all deductions from your gross compensation has been made. For example, if your CTC is Rs 7.5 lakh … WebMar 5, 2024 · Expected Cost to Company. This is another way of saying Expected CTC. Lakh. (The Indian version is Lac or Lacs) Unit of $100,000. For example, if your annual salary is $120,000. If the company has also to pay 25% (that is $30,000) after your salary for your income tax, the CTC in Lakh is ($120,000*1.25) / $100,000 = 1.5.

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WebJul 19, 2024 · Here are a few ways to answer the HR round interview question “What is your current CTC?” Sample answer #1 “ My current CTC is 7.4 LPA which includes my … WebExample of Calculation of In-Hand Salary From CTC Let us Assume Mr X is offered a CTC of Rs. 9 Lakhs per year. The breakup of the CTC components has been given as follows …

WebJun 9, 2024 · Components of Salary Breakup Structure. 1. Basic Salary. The basic salary is the fixed component of the salary, excluding any benefits and privileges. It can vary depending on the job location, industry and designation. It accounts for around 40-60% of the CTC and is fully taxable. WebCTC is simply “Cost to Company” i.e. in the total calculation of salary package including all monetary & non-monetary benefits spent on an employee by the company without any …

WebCTC Vs Actual Take-home salary I Reality of 25 Lakh Package in India 64,808 views Jun 13, 2024 Hey Guys! In this new video, we break down an average salary (~25 LPA) of a Tier 1 MBA school in... WebSo if your annual CTC is Rs 50 lakh, you can expect to get an annual take home of 35 lakh or Rs 2.9 lakh per month.” What is the take home salary for 3.5 LPA? 70% of your CTC. …

WebMar 4, 2024 · Rs 20 lakh c. 15 days salary based on salary last drawn for every completed year of service or part thereof in excess of 6 months For gratuity calculation, salary …

WebAnnual CTC : Rs 5 Lakhs – Rs 6 Lakhs per Annum . Experience : 3+ Years . Roles and Responsibilities • End to End Recruitment Cycle. ... Desired Candidate Profile • Excellent communication Skills-Oral and written • Attention to detail. … rcs accessWebApr 16, 2013 · monthly annually basic 18,750: 2,25,000 hra* 12,000 1,44,000 conveyance allowance 4,125 rcs ascoWebStep 1: First, you are required to enter the CTC Step 2: Enter the variable part of the CTC like the bonus Step 3: Enter the basic salary from your CTC Step 4: ET Money’s Salary Calculator will show the approximate net take-home salary Step 5: Lastly, You also have the option to calculate actual in-hand salary. rcs bindashWebAug 23, 2024 · Luckily, you have been chosen by two companies. The HR manager of the first company says that your CTC would be 15 lakhs per annum and in hand, you would get 13 lakhs per annum. The HR manager of the other company is saying that your CTC would be 16 lakhs and in hand, you will get 12 lakhs. how to speak in general chat wowWebFor instance, if your CTC is ₹7.5 lakhs and the company pays you ₹50,000 as a bonus each year, then your Gross Salary = CTC – Bonus = ₹7.5 lakhs – ₹50,000 = ₹7 lakhs To … rcs batimentWebFeb 19, 2024 · Salaried Employees CTC Income Tax Calculation: The CTC of a salaried employee in a private company has various components. These include Basic Salary, House Rent Allowance (HRA), Dearness... rcs beasWebOct 13, 2011 · CTC is nothing but the cost that the company incurs to employ you and keep you employed. It includes your pay and anything else that the company may incur to … rcs behavioral support team