REVEALED: What Does a Cost-to-Company (CTC) of Rs. 9 Lakhs REALLY Mean: Making Sense of Salaries

                                 MONTHLY                                   ANNUALLY
 BASIC  18,750 2,25,000
 HRA*  12,000  1,44,000
 CONVEYANCE ALLOWANCE  4,125  49,500
 SUPERANNUATION ALLOWANCE  2,812.5  33,750
 LEAVE TRAVEL ALLOWANCE  1,500  18,000
 ADDITIONAL TRAVEL  3,125.25  37,503
 FOOD ALLOWANCE  975  11,700
 ADDITIONAL ALLOWANCE  17,469  2,09,628
REIMBURSEMENTS
 MEDICAL 937.5  11,250
 INTERNET/TELEPHONE  187.5  2,250
 TOTAL  61,881.75  7,42,581
 RETIRALS
 RETIRALS (PF, GRATUITY)  3,812.25  45,747
 TOTAL CTC   65,694  7,88,328
 PERFORMANCE LINKED RETENTION PAY  6,249.75  74,997
 COST OF LOANS  3,125.25  37,503
 TOTAL  75,069  9,00,828

 

 

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