CTC vs in-hand salary: Are you familiar with your pay scale? Why does take-home pay differ from cost to company (CTC)? Why do you receive less than what is depicted on the poster? Understanding ...

A fresher graphic designer claims he was misled about his salary package after HR replaced his contract at the last moment.

If your taxable income is more than Rs 12 lakh, there are ways that you can still pay zero tax. This can be done by rejigging your salary structure and using reimbursements that are allowed under the ...

Gratuity is paid when an employee leaves the organisation after completing a minimum service period of five years. When an ...

The revised rules also adjust lock-in periods. For employees retiring at superannuation age, the lock-in will be waived, ...

However, those who earn above that level have salary restructuring options including conveyance reimbursement, transport allowances, phone bill reimbursements, and car leasing perks to reduce tax ...

Here’s a breakdown. Annual Income (CTC): 14,65,000 Basic Salary (50 per cent of CTC): 7,32,500 NPS Employer Contribution (14 per cent of Basic): 1,02,550 EPF Employer Contribution (12 per cent ...