People

Edit Rahul Verma

Update role, contact details or revise annual compensation for NL-020.

Personal details

Update personal contact information and work location.

First name

Last name

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Gender

Date of birth

Base location

Work state

Department assignment and reporting structure.

Employment type

Department

Designation

Reporting manager

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

Annual CTC (₹)

How an annual CTC of ₹19,00,000 breaks down
Component	Monthly	Annual
Basic50% of monthly CTC	₹79,167	₹9,50,004
House rent allowance40% of basic	₹31,667	₹3,80,004
Statutory bonusbasic is over ₹15,000	—	—
Conveyance and special allowancethe balance of the CTC	₹34,191	₹4,10,292
Monthly grosswhat payroll pays on	₹1,45,025	₹17,40,300
Employer contributionsinside CTC, never paid as salary
Provident fund12% of basic	₹9,500	₹1,14,000
Employees' State Insurancegross is over ₹21,000	—	—
Gratuity4.81% of basic	₹3,808	₹45,696
Cost to companygross plus employer contributions	₹1,58,333	₹19,00,000
Deductions from gross
Provident fund12% of basic, employee share	₹9,500	₹1,14,000
Employees' State Insurancegross is over ₹21,000	—	—
Professional taxMaharashtra slab	₹200	₹2,400
Income tax deducted at sourcenew regime, projected over 12 months	₹11,532	₹1,38,384
Net take-homegross less the employee's own deductions	₹1,23,793	₹14,85,516

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