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What is meant by annual components and retirals in salary sheet​

Answer»

Answer:

CTC = Earnings + Deductions

Here, Earnings = BASIC Salary + Dearness Allowance + House Rent Allowance + Conveyance Allowance + MEDICAL Allowance + Special Allowance. Given below is a SIMPLE example of a salary slip showing all the basic breakups under two HEADS, earnings and deductions

Explanation:

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