ctc

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jayu achari (Querist)
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15 April 2011 i have ctc amt 15100 know how can i find gross salary from ctc amt pls. let us know the formula

basic we cal e.g abc name employee gross salary is 15000 and is basic salary is 60% o9000/- it mean it come 780 pf 200 pt 1.75% 262.50 esic + 780 employer contribution +adm 1.61% 105/- + 4.75% 712.50/- = 16597.50 ctc amt will come

know from ctc amt how i have to find gross salary and net salary pls let answer me

ca cs shriyans jain

ca cs shriyans jain (Expert)
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15 April 2011 Jayu, i dönt think so there is any formula for arriving frm ctc to gross pay. Ctc means cost to company includs evry expense whch a company incurs to retain an employee. Nd gross pay means payment made to employee. Those details can b had from the company only becuse there would b several expenses which does nt form part of gross salary, lyk training exp etc.