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How to prepare salary ? and what is ctc, Epf, etc...

Answers were Sorted based on User's Feedback



How to prepare salary ? and what is ctc, Epf, etc.....

Answer / sachin

salray prepareration is a very importnt work in a factory
or company.first preparation of salary is depended on the
plolicy of a company .

simple calculation
no of working days x wages per day

if company provide 2 or 3 day off then we will not deduct
off days wages.
if not then we will not deduct
if company provide hra , extra duty,or other benefits then
the value will be add in salary

Is This Answer Correct ?    10 Yes 1 No

How to prepare salary ? and what is ctc, Epf, etc.....

Answer / sarita r bahgwatkar

salary prepared according to u r package DEVIDE BY 12
MULTIPLIED BY DAYS OF ATTENDANCE and and according to ur
attendance.

CTC= COST TO COMPANY
EPF=EMPLOYEE PROVIDENT FUND.

Is This Answer Correct ?    12 Yes 4 No

How to prepare salary ? and what is ctc, Epf, etc.....

Answer / ratnakar silekar

Salary Means Employees Wages of Total month i.e. Total
working days x per day Wages = Monthly Salary.
CTC = Cost To Company
EPF = EMPLOYEE PROVIDENT FUND.

Is This Answer Correct ?    4 Yes 1 No

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