CTC Structure CTC Structure

Particulars
(Rs. per month) (Rs. per annum)
Basic Salary 12,500 150,000
Conveyance Allowance 10,227 122,724
Annual Gross Sub Total (A) 22,727 272,724
Co's Contribution to Provident Fund 1,500 18,000
Cost of Gratuity 601 7,215

Notional Cost of Medical Insurance 2,500

Notional Cost of Life + Personal Accident

3,000
Insurance

Annual Benefits Sub Total (B) 2,101 30,715

Total Cost to Company (A)+(B) 24,828 303,439
Remarks

12% of Basic (Defined Contribution)

4.81% of Basic (Defined Contribution)
Hospitalization Insurance- Coverage applicable to Self +
Spouse + 2 children is Rs. Four lacs (Rs 400,000/- INR)
per annum
Life Insurance for Self - sum assured Rs Ten lacs
(Rs1,000,000/-) and Personal Accident Insurance for self
- coverage upto Rs Ten lacs (Rs. 1,000,000/-)