↗️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

[@LabourLawAdvisor]

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[@LabourLawAdvisor]

The link has been added to the description.

[@sandipmakwana6069]

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]

If, salary=20k ctc. Then how much i get in hand

[@JRbhukta]

me join karne wala hun in the field of digital marketing

[@vinitsharma4438]

I want your execal format.please shere your Excel format my [e-mail]

[@shaiknaveed4524]

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.

[@sandeep4440]

Save time start after 2:40

[@forgiveness_2032]

Thank you

[@vishwanathat8749]

Thank you

[@Rahulgaming....72485]

Ty

[@chicku975]

Most useful lesson of my life. Thank you Gentlemen

[@rinkusagar4236]

Thank you so much for sharing this valuable information. Keep sharing & keep growing.

[@dipamallik1664]

nice explanation I want to learn more. Thank you so much.

[@ashishjai5721]

Really really nice video very very useful information all employees Hearty congratulations sir Thanks Parth Sir and labour law advisor

[@SuhasWorld48]

Thank you for this video..very knowledgeable content..every Employee should watch this and implement while negotiating in interview.

[@Rahullphotography]

May your channel reach to every Indian as we are all struggling with same situations. 👍 Well done guys

[@pubgindia2722]

13:35 SAVE TIME CONCLUSION

[@sureshbhaipal2842]

बहुत खूब तरीके से समझाया भाई धन्यवाद🙏🙏🙏🙏

[@blisswithritika4786]

Thanks for clarifying everything 👍👍👍👍

[@priyamondal6390]

Very useful informations.Thanks for sharing with all of us.

[@MATHSTACLES]

So kind of you. This video helped me a lot... very nice and detailed explanation

[@viveksingh6776]

Golden rule to calculate your inhand is (Fixed salary)/15. This will be your salary credit in bank every month after all deduction. 😁

[@gamingbadshah2894]

@@bestcricketbowling9947 gross salary hogi Bhai CTC/13

[@bestcricketbowling9947]

@@gamingbadshah2894 CTC/15.7 to be precise😅

[@Anime_Srik]

@@bestcricketbowling9947ro you are right. I never knew this before. Thanks for sharing. It’s working perfectly for any salary bracket

[@kanhaiyaverma3817]

Thank you

[@Ankit_Yadav976]

CTC kon si hogi monthly ya yearly 🤔🤔🤔🤔

[@harshamorwal8444]

Awesome and very important content. Pls tell us how to reach you.

[@mittalpatel3615]

Thank you for most imp knowledge . god bless you

[@namjotsingh]

Thanks for information and clearing the doubts about CTC

[@ampleleapcognitiontechnolo5899]

Video was informative | Integrated HR Solutions for START UP'S & MSME’S (Payroll, PF - ESIC, Compliance) - Ample Leap

[@sohailsolankiortho]

So informative..Thanks for the Video

[@yogesh4997]

Very useful information. Thank you

[@ajayswarup1103]

Thanks for knowledge...👍🏻😊

[@nikitagandhi3824]

Very helpful to everyone mostly who are working... It is very important concept that everyone should know. Thank you.

[@LabourLawAdvisor]

So nice of you

[@sanjayratnani644]

Nice explaination, thanks

[@prakashgiri9527]

Sir keep Enlighting us. Never end this channel and making videos.

[@soumsgaming238]

Yupp definitely

[@sandeepshukla1668]

Thank for enlightened and God bless you both of you Sir

[@shankarmahto8919]

Most usefull lesson thnk you gentlemen

[@shrikantkumthekar7483]

Informative👍

[@vellano.1637]

Very informative!

[@dreamluvride7311]

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]

Same

[@simranjeetsingh4321]

Thanks for the vital information

[@k.kittisagar3046]

Worth video, thanks expect more related salary

[@suryakantpatra3266]

Thank you very much for video and very very nice video and my personal view clear all my doubts about salary structure. JAI hind

[@goldstockwala3288]

Very informative.keep making such vidio.

[@matholic9462]

Good information,Thank you sir😊

[@vikassoni5014]

Thanks all of team for making this video

[@pari.240]

Sir please is format par salary ki video bano HRA, Pf,Esi, Gratuity,bonus, Mediclaim, ye deducted kiya jata ho to net salary

[@smaahigaur6856]

Very informative sir. Thanks.

[@soumsgaming238]

Very good information regarding Labour Law Ctc Gross Salary and In Hand Salary=Net Salary👌👌

[@GudduKumar-hp1hn]

Thank you sir for giving us very important information about salaries.......this is useful for me..👍👍👍🙏

[@soorajrana25]

Thank you sir for useful information.

[@rajatparmar]

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

[@mohammadhusain4625]

Thanks sir. Very useful information

[@akshaygupta8723]

Can't thank you enough, such useful video and all of your channel content. 😘

[@rajivjha123]

Cash in hand has additional deduction of income tax , so you get hardly 50 %

[@shivanigeet574]

Very inspiring and informative

[@gauravpahujani9675]

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.

[@moodmusically7552]

It was really very helpfull to understand the payroll.

[@HemantKumar-lv2iy]

Very nice discussion

[@kamalkashyap6856]

very helpful content rishabh sir

[@jyotisatapathy7766]

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?

[@understandthewordsfeelthes3036]

Helpful information 👍👍👍👌👌👌

[@akshil1]

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

[@kamalbhatt7728]

Thank you so much Sir😊 Learned something New+

[@zuberahmad5987]

Gazab bhai gazab achcha creation banaya aapne sir

[@avinashsehgal1978]

Sabhi salary based logo ke liye atyant labhdayak 👍 Well described

[@jackr6727]

Thanks, I did not understand if the EPF is included in Gross or excluded from the gross salary?

[@mr.sharma5332]

Sir, tusi great ho🙏🏼... Now I can figure out what's happening with my salary

[@PrakharRajAgrawal]

Answer : D.16%-20%

[@dharmeshmistry8648]

Thanks for sharing this video, it will help me to won the negotiation

[@tanuj1852]

Thanks for your contribution brother ❤️

[@anandpal8489]

सर् आपका यह वीडियो बहुत पसंद आया आपका वीडियो डालने के लिए बहुत बहुत धन्यवाद

[@samariyaji993]

Sir mujhe 7yers ho gye h company me work karte hue lekin company ka hr hmari selleri nhi bdha rha sbhi staff wale milkar kha jate h 7yer me meri selley Basic-13941 In hand -11700 Hr-00 Convance-00 ESI-105 PF-12%-1673 LWF-25 Sirf jankar bando ko hi selleri hmsy 2x jyada h kya karna chaye

[@pankajdhamecha]

Mast explained 👍👍👍

[@deepacharya2884]

Useful Video 👍🏻

[@RRspace]

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]

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

[@azamkhan3121]

Nice information all dout clear

[@mayankpant4547]

Informative video

[@jayshreegaikwad8814]

Thank you for making videos on labour laws

[@khandjremix]

Thank you mari आख खोलना कै लिए दिल सा salute ha aapko sir

[@jayeshbhoir98]

thanks sir very useful informatin

[@gauravpalande4532]

Very much helpful ❤️

[@vickyjadhav5671]

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🙂

[@vidyasagarprasad4302]

Wow sir samaj gaya very nice 👌👍 explain sir

[@rayanmotovlog]

Man eye opener I guess everyone should see this

[@devayagau26]

Very nice information

[@PulkitPopli979]

Awesome video. Got to know a lot of hidden cuts in my pay.

[@sultanehind5884]

Thank you sir 🙏🏻

[@Jeetu_tiwari]

Wooow sir great work 🙏

[@anirudhawaghmare9203]

Bahut acchi information hai

[@AmanYadav-tc4um]

Helpful words ...

[@nitieshkumar7847]

Wonderful information

[@bimlakumari8770]

Thank u so much sir🙏👌👍

[@rahulpandav7529]

Thanks sir, muje ye Pata hi nahi Tha, ye muje mere interview ke baad hi Pata chala

[@firebird9423]

According to your video, deductions as shown in the excel sheet are completely legal, and employer is not deducting any hidden amount from employee salary?

[@nitindesai295]

Bahot accha video 👍👍👌👌

[@nilthefire3332]

Thank you sirj help me lot

[@rathodtechtube7695]

Sir da merge kab hota he Iske bare me details bataye Abhi Kisi company Ka da 153 % ho Gaya ho to usko basic ke sath merge kab Kiya Jayega

[@ambikasingh5457]

Bhut badiya sir g or bnaye

[@anilnguru]

Sir, our company is under NCALT process. Last 5 month's employees salary not paid. So we would like to know is there any provision for interim finance to pay salary ? Without salary it is very tough time for employees to meet day to day expenses.

[@jainsweetabhishek2]

What if Gratutity is a part of Total CTC. Dont you think it should be returned to employee anytime he seprated from Organization post 1 Year

[@merokanhaiya214]

Nice video, but sir how to we calculate basic salary and other allowances please focus on that

[@QuintinFernandes]

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]

But it can be much lower if they have high PF deduction.

[@harshitheya]

@@soubhikdutta6184 what is PF deduction?

[@soubhikdutta6184]

@@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]

@@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]

@@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

[@sourav007ism]

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...!!

[@pravinkambale8364]

Nice information.

[@vennelakrishna8849]

Fantastisk video 😍

[@prashant1160]

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]

No that's true, but my suggestion is don't take them in allowences but in Reminurment after recent SC decision on PF,

[@rohitmathur913]

What is reminurement?

[@tarunkumar-xr4tv]

Every company don't give car or petrol allowance.. Instead they can be requested for reimbursement as per uses

[@DilipKumar-rz8gq]

Sir, my company doesn't have PF facility all these years, since last week we have received an update from HR regarding the PF and its deduction, from employers side no contributions, from our end they are deducting and giving back. Could you share why this will be? Thanks atone

[@BirajMinz]

This is valuable information. Could you share why companies deduct both employees & employer PF contribution from employee?

[@radhakrishnan1746]

Thanks for your life best information sir