Component | Description |
Basic Salary | Fixed component of the salary, fully taxable, usually 40-60% of CTC. |
Allowances | Additional amounts beyond basic salary, including HRA, LTA, Conveyance, etc. |
Statutory/Performance Bonus | Bonus given for excellent performance, usually a percentage of basic pay. |
Employee Provident Fund (EPF) | Retirement benefit with contributions from both employee and employer. |
Salary Component | Details |
Average Annual Salary | ₹1.3 Lakh to ₹6 Lakhs, with an average of ₹2.8 Lakhs per year. |
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