Trending @Infosys; About salary structure brekdown
Hi All,
I would like to seek clarification regarding my salary structure. My current CTC is ₹4,40,000 per annum, which translates to a gross monthly salary of ₹36,666. However, my in-hand salary is ₹30,520. As per my understanding, ₹2,200 is being deducted towards PF and ₹820 towards gratuity.
This still leaves a discrepancy of ₹3,126 which I am unable to account for. Could you please help me understand the detailed breakdown of these deductions?
Deduct PF one more time as both employer and employees contribution is part of ctc,
also deduct 5% of exgratia component. this will be paid lump sum in march of every year.
other deductions - Professional Tax, Welfare trust, LWF, etc will be mentioned in your salary slip
Thanks for information
But I just wanted to clarify—employer PF contribution is supposed to be made by the employer separately and not deducted from the employee's salary, correct?
