Understanding payroll components is essential for accurate salary calculation and payroll management.
In this module, we explain the complete salary structure, including earnings, deductions, gross salary, net salary, CTC, and in-hand salary with practical examples.
Topics covered:
• Earnings – Basic Salary, HRA, DA, Conveyance, Incentives, Bonus, Overtime
• Deductions – PF, ESI, TDS, Professional Tax, Loan Recovery
• Gross Salary vs Net Salary
• CTC vs In-Hand Salary
• Practical payroll calculation examples
This session is highly useful for HR professionals, payroll executives, finance learners, and beginners building payroll fundamentals.
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