what should be the ctc for 3 lakh in hand
Hey, can anyone here has inhand salary of 3 lakhs inr? What should be the CTC for that?
Hey, can anyone here has inhand salary of 3 lakhs inr? What should be the CTC for that?
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To calculate the Cost to Company (CTC) for a net in-hand salary of ₹3 lakh per month, you need to account for various deductions such as income tax, provident fund (PF), professional tax, and other benefits.
Thus, the CTC should be approximately:
₹3,00,000 + ₹1,00,000 (deductions) = ₹4,00,000 monthly
Annual CTC = ₹4,00,000 × 12 = ₹48 lakh per annum
This is a rough estimate. The exact CTC can vary based on the structure of the salary, tax planning, and other benefits.