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You often hear the terms CTC, Gross Salary and Net Salary. But do you know how they differ from one another? People often fall into the trap set by big corporates where they disclose the CTC that they are offering but tend to hide the full salary break up. There are multiple deductions from your CTC and the salary that you get after those deductions is generally 30% (give or take) less than what you thought.
First comes CTC, then a few deductions later comes the Gross Salary, and then a few more deductions later comes to the Net Salary which is basically the amount you will actually take home. Learn how to calculate your Cash In Hand from your CTC with the help of working examples.
📄Download the excel sheet: [ Ссылка ]
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Chapters:
00:00 Introduction
02:35 What is the difference between CTC, Gross and Net Salary?
04:21 How to calculate Cash In Hand salary?
06:54 Calculation example Through excel sheet
09:45 New ESI contribution rates update
16:06 Q & A
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Read about this in English: [ Ссылка ]
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PLAYLISTS :
Labour Law Crash Course Series: [ Ссылка ]
Income Tax: [ Ссылка ]
Business Basics: [ Ссылка ]
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Life Insurance Guide: [ Ссылка ]
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#CTC #CashInHand #GrossSalary
