The document outlines the breakdown of various components that make up the total cost to company (CTC) for metro and non-metro employees. The CTC for both is Rs. 475,000 and includes allowances such as basic pay, house rent allowance, special allowance, education allowance, conveyance allowance, medical allowance, additional allowance, leave travel allowance, bonus/variable pay, provident fund, and gratuity. The document notes that companies can add or delete any allowance based on their income tax practices.
The document outlines the breakdown of various components that make up the total cost to company (CTC) for metro and non-metro employees. The CTC for both is Rs. 475,000 and includes allowances such as basic pay, house rent allowance, special allowance, education allowance, conveyance allowance, medical allowance, additional allowance, leave travel allowance, bonus/variable pay, provident fund, and gratuity. The document notes that companies can add or delete any allowance based on their income tax practices.
The document outlines the breakdown of various components that make up the total cost to company (CTC) for metro and non-metro employees. The CTC for both is Rs. 475,000 and includes allowances such as basic pay, house rent allowance, special allowance, education allowance, conveyance allowance, medical allowance, additional allowance, leave travel allowance, bonus/variable pay, provident fund, and gratuity. The document notes that companies can add or delete any allowance based on their income tax practices.
The document outlines the breakdown of various components that make up the total cost to company (CTC) for metro and non-metro employees. The CTC for both is Rs. 475,000 and includes allowances such as basic pay, house rent allowance, special allowance, education allowance, conveyance allowance, medical allowance, additional allowance, leave travel allowance, bonus/variable pay, provident fund, and gratuity. The document notes that companies can add or delete any allowance based on their income tax practices.