WebOct 13, 2011 · CTC is nothing but the cost that the company incurs to employ a person. ... So if your annual CTC is Rs 50 lakh, you can expect to get an annual take home of 35 lakh or Rs 2.9 lakh per month.” WebFeb 3, 2024 · Just 960 IIT graduates received Rs 50 lakh and above annual pay in 2024 Not all IIT graduates are lucky to grab lucrative salaries as a new report on Tuesday revealed that students obtaining jobs with a higher CTC (Rs 50 lakh and above per annum) constitute only 5.5 per cent of the total pool, translating into just 960 students.
How much will I get monthly considering my package is 35 LPA ...
WebApr 16, 2013 · monthly annually basic 18,750: 2,25,000 hra* 12,000 1,44,000 conveyance allowance 4,125 WebJan 31, 2014 · CTC in lac (s) means Cost To Company in Lacs (Lakhs). Cost To Company is the total cost to employ a given person (e.g. you) Lac is a unit of 100,000 (one … fitness pro gear half rack
How to Find Your In-Hand Salary Based on Your CTC - ClearTax
WebA salary calculator is an easy-to-use tool that assists in calculating the take-home annual salary, take-home monthly salary, total annual deductions, total monthly deductions, etc., of an individual. ... (CTC) is Rs 5 lakh. The employer gives you a bonus of Rs 50,000 for the financial year. Then your total gross salary is Rs 5,00,000 – Rs ... WebThe In-hand Salary, also known as Take-home or Net Salary can be calculated with the help of CTC as follows: Calculate Gross Salary. Gross Salary = CTC – (EPF + Gratuity) Calculate Taxable Income. Taxable Income = Income (Gross Salary + Other Income) – Deductions. Calculate Income Tax. Income Tax = Check the tax slab in which you lie to ... Web330,000. Net salary (gross – deduction) 269,900. Monthly take home salary. 22,491. There with these hypothesis we get to know that for an individual whose CTC is 3,88,440 would get about 22,491 per month i.e. 2,69,900 which is about 70% of the CTC. can i buy movelat over the counter