Thinking of joining us? Enter the monthly package (CTC) you are discussing with us and see how it breaks up, and what reaches your bank account each month.
How this is worked out: basic salary is 60% of gross salary, or the government minimum wage for your skill set and zone if that is higher. Provident Fund is paid by you at 12% and by the company at 12.5%, plus 0.5% towards EDLI; you can choose whether it is calculated on basic salary up to ₹25,000 or on the full basic salary. ESI applies only when gross salary is ₹21,000 or less a month. Professional Tax is ₹200 a month when gross salary is ₹25,000 or more, and ₹300 in February. Income tax is taken as nil here, because it depends on your total income and declarations. Gratuity is set aside for you as part of the package and is paid after 5 years of service. This is an estimate to help you plan; your offer letter carries the final figures.