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Edit Zoya Ansari

Update role, contact details or revise annual compensation for NL-019.

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 ₹12,00,000 breaks down
ComponentMonthly
Basic50% of monthly CTC₹50,000
House rent allowance40% of basic₹20,000
Statutory bonusbasic is over ₹15,000—
Conveyance and special allowancethe balance of the CTC₹21,595
Monthly grosswhat payroll pays on₹91,595
Employer contributionsinside CTC, never paid as salary
Provident fund12% of basic₹6,000
Employees' State Insurancegross is over ₹21,000—
Gratuity4.81% of basic₹2,405
Cost to companygross plus employer contributions₹1,00,000
Deductions from gross
Provident fund12% of basic, employee share₹6,000
Employees' State Insurancegross is over ₹21,000—
Professional taxMaharashtra slab₹200
Income tax deducted at sourceno tax payable at this income—
Net take-homegross less the employee's own deductions₹85,395

Maharashtra: ₹300 is collected in February instead of ₹200.

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