People

Edit Farhan Siddiqui

Update role, contact details or revise annual compensation for NL-022.

Personal details

Update personal contact information and work location.

First name

Last name

Work email

Phone

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 ₹25,00,000 breaks down
Component	Monthly	Annual
Basic50% of monthly CTC	₹1,04,167	₹12,50,004
House rent allowance40% of basic	₹41,667	₹5,00,004
Statutory bonusbasic is over ₹15,000	—	—
Conveyance and special allowancethe balance of the CTC	₹44,989	₹5,39,868
Monthly grosswhat payroll pays on	₹1,90,823	₹22,89,876
Employer contributionsinside CTC, never paid as salary
Provident fund12% of basic	₹12,500	₹1,50,000
Employees' State Insurancegross is over ₹21,000	—	—
Gratuity4.81% of basic	₹5,010	₹60,120
Cost to companygross plus employer contributions	₹2,08,333	₹25,00,000
Deductions from gross
Provident fund12% of basic, employee share	₹12,500	₹1,50,000
Employees' State Insurancegross is over ₹21,000	—	—
Professional taxMaharashtra slab	₹200	₹2,400
Income tax deducted at sourcenew regime, projected over 12 months	₹21,989	₹2,63,868
Net take-homegross less the employee's own deductions	₹1,56,134	₹18,73,608

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