I received an offer from a company. They have mentioned Rs 850000 as base pay but employer's annual contribution is just Rs 21000. Shouldn't it be 12% of basic? Is it wrong? Also in his CTC statutory bonus is mentioned, will it be given to him in his monthly salary?
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Stack Java spring boot, angular js,MySQL.
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Basic - 850000
Flexi Basket - 751515
Employer’s PF contribution - 21600
Statutory Bonus - 36000
Gratuity - 40885
Total Yearly CTC - 1700000
Somehow desktop isn't uploading the image, so I have copied the text.
Well, Either it can be 12 % of basic pay or 1800 per month irrespective of base salary.
Is statutory bonus given with monthly salary?
How much will I receive per monh after taxes from this salary. Considering only 80C and NPS 50000 investment.
YOE and Tech Stack/Designation?
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