% of CTC

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 July 2010 dear experts,
1) what is the % of each component as below wrt gross salary?
Basic
HRA
Conveyance
Children Education all
LTA
Medical reimbursement
Adhoc allowance/special allowance

2) Does CTC & Gross salary mean the same? is there any difference b/w the two??

thnx.

Akhil Agrawal

Akhil Agrawal (Expert)
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11 July 2010 There is no specific % as far as the Gross salary is concerned. It all depends on the organisation & its Company Policy

Also there is a difference in CTC. One beng that the Employers Part of PF payment is not part of Gross salary but it is a part of CTC