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People

Edit Vikram Nair

Update role, contact details or revise annual compensation for NL-006.

Personal details

Personal details

Update personal contact information and work location.

Role & reporting

Role & reporting

Department assignment and reporting structure.

Compensation (CTC revision)

Compensation (CTC revision)

Updating the annual CTC writes a new salary structure effective today.

How an annual CTC of ₹18,00,000 breaks down
ComponentMonthly
Basic50% of monthly CTC₹75,000
House rent allowance40% of basic₹30,000
Statutory bonusbasic is over ₹15,000
Conveyance and special allowancethe balance of the CTC₹32,393
Monthly grosswhat payroll pays on₹1,37,393
Employer contributionsinside CTC, never paid as salary
Provident fund12% of basic₹9,000
Employees' State Insurancegross is over ₹21,000
Gratuity4.81% of basic₹3,607
Cost to companygross plus employer contributions₹1,50,000
Deductions from gross
Provident fund12% of basic, employee share₹9,000
Employees' State Insurancegross is over ₹21,000
Professional taxTelangana slab₹200
Income tax deducted at sourcenew regime, projected over 12 months₹10,058
Net take-homegross less the employee's own deductions₹1,18,135
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