↗️CTC vs Gross vs In-Hand Salary↘️, कितना कटेगा पैसा? Easy Salary Excel Calculation🔢
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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: bit.ly/CTCvsNET-LLA
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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: labourlawadvisor.in/blog/ctc-...
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#CTC #CashInHand #GrossSalary
Пікірлер: 772
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@LabourLawAdvisor
5 жыл бұрын
The link has been added to the description.
@sandipmakwana6069
4 жыл бұрын
Dear sir... I have completed 4.6 year in industries... Still I have not change my company.. But owner and group of compani changed with name... Can i eligible for gratuity after 5 year.?
@NehaKumari-bc3pt
4 жыл бұрын
If, salary=20k ctc. Then how much i get in hand
@JRbhukta
4 жыл бұрын
me join karne wala hun in the field of digital marketing
@vinitsharma4438
4 жыл бұрын
I want your execal format.please shere your Excel format my email-vinit.pandit@yahoo.com
Save time start after 2:40
@forgiveness_2032
3 жыл бұрын
Thank you
@vishwanathat8749
3 жыл бұрын
Thank you
@Rahulgaming....72485
2 жыл бұрын
Ty
May your channel reach to every Indian as we are all struggling with same situations. 👍 Well done guys
13:35 SAVE TIME CONCLUSION
Good video for someone who want to negotiate with companies. My request is, please make another video with high wages where taxation of different is also part of it.
Most useful lesson of my life. Thank you Gentlemen
Thank you so much for sharing this valuable information. Keep sharing & keep growing.
Golden rule to calculate your inhand is (Fixed salary)/15. This will be your salary credit in bank every month after all deduction. 😁
@gamingbadshah2894
Жыл бұрын
@@bestcricketbowling9947 gross salary hogi Bhai CTC/13
@bestcricketbowling9947
Жыл бұрын
@@gamingbadshah2894 CTC/15.7 to be precise😅
@Anime_Srik
Жыл бұрын
@@bestcricketbowling9947ro you are right. I never knew this before. Thanks for sharing. It’s working perfectly for any salary bracket
@kanhaiyaverma3817
Жыл бұрын
Thank you
@Ankit_Yadav976
Жыл бұрын
CTC kon si hogi monthly ya yearly 🤔🤔🤔🤔
nice explanation I want to learn more. Thank you so much.
Really really nice video very very useful information all employees Hearty congratulations sir Thanks Parth Sir and labour law advisor
Informative👍
Very useful informations.Thanks for sharing with all of us.
Thank you for this video..very knowledgeable content..every Employee should watch this and implement while negotiating in interview.
Thanks for clarifying everything 👍👍👍👍
So kind of you. This video helped me a lot... very nice and detailed explanation
Very informative!
Thank you for most imp knowledge . god bless you
Sir keep Enlighting us. Never end this channel and making videos.
@soumsgaming238
4 жыл бұрын
Yupp definitely
Thanks for information and clearing the doubts about CTC
Thank for enlightened and God bless you both of you Sir
Nice explaination, thanks
So informative..Thanks for the Video
Video was informative | Integrated HR Solutions for START UP'S & MSME’S (Payroll, PF - ESIC, Compliance) - Ample Leap
Thanks for the vital information
Thanks for knowledge...👍🏻😊
Though its embarrassing to say on my part having 4+ yrs exp, i am really greatful to have watched this video....qs it really tells yoh the harsh reality of the Salary packages offered abd HOW HEARING A 6L CTC PACKAGE make u feel good but the ground reality is bitter. Thank you so much for opening my eyes atleast and for this informative video. This video should be circulated among new fresh work Exp people so that they come to inow what they are getting themselves into.....i am grying my best to circualte this info to my junior!!! Thanks to the people and team behind this video
बहुत खूब तरीके से समझाया भाई धन्यवाद🙏🙏🙏🙏
Very useful information. Thank you
Very helpful to everyone mostly who are working... It is very important concept that everyone should know. Thank you.
@LabourLawAdvisor
3 жыл бұрын
So nice of you
That was very helpful. I have doubt regarding the "Variable Pay" Factor included in the CTC. And which is not paid by the company.
@avnishrivastava6611
3 ай бұрын
Same
Very informative.keep making such vidio.
Hello sir, really could not understand why employee share as well as employer share both are included in the CTC. If basic salary is on the higher side, there is a huge gap in CTC and net salary
Awesome and very important content. Pls tell us how to reach you.
Very informative sir. Thanks.
Good information,Thank you sir😊
Thank you sir for useful information.
Most usefull lesson thnk you gentlemen
Worth video, thanks expect more related salary
Thank you very much for video and very very nice video and my personal view clear all my doubts about salary structure. JAI hind
Can't thank you enough, such useful video and all of your channel content. 😘
Sir please is format par salary ki video bano HRA, Pf,Esi, Gratuity,bonus, Mediclaim, ye deducted kiya jata ho to net salary
Thanks sir. Very useful information
Thanks all of team for making this video
Thank you sir for giving us very important information about salaries.......this is useful for me..👍👍👍🙏
Cash in hand has additional deduction of income tax , so you get hardly 50 %
Very good information regarding Labour Law Ctc Gross Salary and In Hand Salary=Net Salary👌👌
Thanks, I did not understand if the EPF is included in Gross or excluded from the gross salary?
Very inspiring and informative
Hi sir, Need one suggestion.i have 2 offers from 2 different mnc.one is offering 11.3 lakh including 10% variable pay and have 42500 basic salary.and the other is offering 10.4 lakh including 5% variable pay and have 23500 basic pay.which one should i need to choose?
Sabhi salary based logo ke liye atyant labhdayak 👍 Well described
Hi, Due to Covid-19 most of companies are doing pay cuts so I here want to know that can employers revised the total CTC and reduce it from earlier or they can revised the pay cut without effecting the CTC?
@TheLearningHubwithumakandpal
3 жыл бұрын
They can revise the CTC and reduce it from the previous one..in this case, most of the employers don't change the basic salary and reduce it from other components.. but in this pandemic time, everyone has a valid reason even to reduce to basic salary
Hi Rishabh, It was really helpful. Can you please help me regarding the query. Income Tax Act says that You can put only those cost which you have in that financial year. Jbki Gratuity to 5 year k baad hi pay hota hai to usko kese cost to the Company me dikha skte hai. Same Bonus k sath bhi Bonus ka calculation financial year complete hone k baad. Company ko gross profit ka 60-69% allocate krna padta hai. Bonus bhi range me di jati hai hai 8.33% to 20% of Basic Salary. To in dono ko kyu organisation CTC me include krti hai. Please provide the suitable answer for it.
very helpful content rishabh sir
Helpful information 👍👍👍👌👌👌
Very nice discussion
It was really very helpfull to understand the payroll.
Informative video
Thank you so much Sir😊 Learned something New+
Useful Video 👍🏻
Gazab bhai gazab achcha creation banaya aapne sir
Sir, tusi great ho🙏🏼... Now I can figure out what's happening with my salary
To cut the long story short, just keep in mind that in hand salary shd not be below 80-85 percent of CTC. Negotiate only on the In hand salary.
@soubhikdutta6184
Жыл бұрын
But it can be much lower if they have high PF deduction.
@harshitheya
Жыл бұрын
@@soubhikdutta6184 what is PF deduction?
@soubhikdutta6184
Жыл бұрын
@@harshitheya Provident fund. If the organization pays a high basic salary and deducts 12% of basic as pf deduction then you will less in hand salary
@harshitheya
Жыл бұрын
@@soubhikdutta6184 so how much would you get in-hand, more like how much percent of CTC if you have a high basic salary and same high pf deduction? for instance, if someone has a pay of 24lpa CTC. what do you expect his monthly pay would be ?
@soubhikdutta6184
Жыл бұрын
@@harshitheya its all in the details. 24 lpa can come around 1.5 lpa. It can vary depending on the details of salary bifurcation and variable pay
Good . Informative but you have not taken into consideration other perks and allowances like car allowance, petrol allowance, conveyance allowance, driver allowance, Mainenance allowance, Mobile allowance, Special allowance, Medical allowance, Performance by Objectives etc and LTA. Its very important in CTC calculation which is normal part of very senior professionals to the level of GM, VP, COO, CEO etc. Trust you agree.Regards,
@LabourLawAdvisor
4 жыл бұрын
No that's true, but my suggestion is don't take them in allowences but in Reminurment after recent SC decision on PF,
@rohitmathur913
2 жыл бұрын
What is reminurement?
@tarunkumar-xr4tv
Жыл бұрын
Every company don't give car or petrol allowance.. Instead they can be requested for reimbursement as per uses
Very much helpful ❤️
Helpful words ...
Nice information all dout clear
Thanks for your contribution brother ❤️
Thank you sir 🙏🏻
Mast explained 👍👍👍
Thank you sirj help me lot
Thank you mari आख खोलना कै लिए दिल सा salute ha aapko sir
thanks sir very useful informatin
Bhut badiya sir g or bnaye
Really helpful
Very nice information
Wooow sir great work 🙏
सर् आपका यह वीडियो बहुत पसंद आया आपका वीडियो डालने के लिए बहुत बहुत धन्यवाद
Man eye opener I guess everyone should see this
Thank you for making videos on labour laws
Thank u so much sir🙏👌👍
Awesome video. Got to know a lot of hidden cuts in my pay.
Thanks for sharing this video, it will help me to won the negotiation
Wonderful information
Bahut acchi information hai
Fantastisk video 😍
Nice information.
Wow sir samaj gaya very nice 👌👍 explain sir
HR & Compliance se related topics ka ek pura series lekar aayein.....taaki jo HR Complaince mein career bnana chahte hai vo knowledge gain kar sake.....its a humble a request...!!
Great Sir.
Thanks a lot sir.
Helpful
Bahot accha video 👍👍👌👌
Thank you.
@Labour Law Advisor Team, please can you share link for excel template for CTC , the link as per description is not working for me.
Hello sir .....your video is genueinly very good and effictive 👍 plz make video for new bussiness at low investment ...like stationery shop or any other ...how to start and what should we do to start good running bussiness ..ur video is very helpful plz ek video banaye🙂
0.07 ✖️ CTC amount = in-hand salary This formal works in most of the cases but only if CTC is upto 10 LPA
@RohitSingh-jn8kw
2 жыл бұрын
bro 0.7 not 0.007(70/100)
@crushedcornbollgaming8188
2 жыл бұрын
@@RohitSingh-jn8kw bro 70/100 =0.7 🤣
can you please help with excel copy. the link is now working, cant download anything.
Thanks sir, muje ye Pata hi nahi Tha, ye muje mere interview ke baad hi Pata chala
Thanks for your life best information sir
Nice thank you sir