Next in Line to be Ruined by Ambani’s Jio Mart is the Bania Of India

 Next in Line to be Ruined by Ambani’s Jio Mart  is the Bania Of India 

अंबानी के जियो द्वारा बर्बाद की जाने वाली कतार में अगला भारत का बनिया है



Bania  बनिये  who has established hegemony in the Grocery Business in India.


Bania  बनिये  who is the biggest supporter of Modi ji.

Bania  बनिये  who makes 50 customers a day at their grocery stores by making complaints like surgical strike, Ram Mandir, Article 370 etc. to them.

Those become the same (retail grocery traders) who generally do not pay income tax, they also try to kill GST, but give donations and dedication funds to BJP on time and in full.

These baniyas are going to be punished by their owner's owner i.e. Mukesh Ambani through his Jio Mart.


Mukesh Ambani just made a big bang after Jio Mart  entered the field of retail.

Sold sugar for Rs.9 kg.

There was a huge discount on almost all the grocery items.

At present, it was a sale of 2-3 days, but it is certain that such sales will continue.

I saw great enthusiasm among the women I knew about this sale.

The most important thing about Jio Mart  is that there is no delivery charge and there is no minimum order limit.

If you want, sit at your home and order one kilo of sugar.

Mukesh Ambani decides the rules and conditions of the game himself.

Their game plan is that they do business after suffering losses for some time.

They make people addicted to cheap goods and then when a person gets a haram molar, then they collect money from him along with interest.

Seeing the atmosphere of Jio Mart , I can say with confidence that retail grocery traders will soon be a thing of the past.

These people who are called Seth today, these people will become delivery boys of Jio Mart  in 2-2 thousand rupees a month.

If Baniyas oppose this, they will be declared thief, dandimar, anti-national through BJP IT cell.

Zuckerberg also has a 10% stake in Geomart, so a strong atmosphere will be created for it on Facebook as well.

Well no one!

The sacrifices made for the united India and the Hindu nation have to be given.




अंबानी के जियो द्वारा बर्बाद की जाने वाली कतार में अगला भारत का बनिया है


भारत में किराना व्यवसाय में आधिपत्य स्थापित करने वाले बनिया बनिये।


बर्बाद होने का अगला नंबर बनियों का है।


वही बनिये जिन्होंने किराना व्यापार में आधिपत्य जमाया हुआ है।


वही बनिये जो मोदी जी के सबसे बड़े समर्थक हैं।

वही बनिये जो अपने किराने की दुकानों पर दिन में 50 ग्राहकों से सर्जिकल स्ट्राइक,राम मंदिर,धारा 370 जैसी बकैतियाँ करके उन्हें च...... बनाते हैं।

वही बनिये (फुटकर किराना व्यापारी) जो इनकम टैक्स तो सामान्यतः नही देते,GST मारने की भी जुगाड़ में रहते हैं पर भाजपा को चंदा और समर्पण निधि समय पर और भरपूर देते हैं।

इन बनियों को दंड देने जा रहे हैं इनके मालिक के मालिक अर्थात मुकेश अम्बानी अपने जिओ मार्ट के माध्यम से।


जिओमार्ट द्वारा रिटेल के क्षेत्र में प्रवेश करने के बाद मुकेश अम्बानी ने अभी बड़ा धमाका किया।

9 रुपये किलो शक्कर बेच दी।

ग्रोसरी के लगभग सभी आइटम्स में भारी डिस्काउंट था।

अभी तो खैर ये 2-3 दिन की सेल थी पर इतना तय है कि ऐसी सेल लगती रहेंगी।

इस सेल को लेकर मैंने अपनी परिचित महिलाओं में भारी उत्साह देखा।

जिओमार्ट की सबसे महत्वपूर्ण बात है कि इसमें कोई डिलीवरी चार्ज नही है और मिनिमम ऑर्डर की लिमिट नही है।

आप चाहें तो अपने घर पर बैठकर एक किलो शक्कर मँगवा लें।

मुकेश अम्बानी खेल के नियम व शर्तें खुद ही तय करते हैं।

उनका गेम प्लान होता है कि कुछ समय तक घाटा खा कर व्यापार करते हैं।

लोगो को सस्ते समान की लत लगवा देते हैं और फिर जब आदमी को हराम दाढ़ लग जाती है तब उससे ब्याज सहित पैसा वसूलते हैं।

जिओमार्ट का माहौल देखकर मैं यकीन के साथ कह सकता हूँ कि जल्द ही फुटकर किराना व्यापारी अतीत की बात हो जाएंगे।

ये बनिये जो आज सेठ कहलाते हैं ये लोग 2-2 हजार रुपये महीने में जिओमार्ट के डिलीवरी बॉय बनेंगे।

बनिये अगर इसका विरोध करेंगे तो उन्हें भाजपा IT सेल के माध्यम से चोर, डंडीमार,देशद्रोही घोषित कर दिया जाएगा।

जिओमार्ट में 10% का शेयर जुकरबर्ग का भी है तो फ़ेसबुक पर भी इसका जोरदार माहौल बनाया जाएगा।

खैर कोई नही!

अखंड भारत हिन्दू राष्ट्र के किये बलिदान तो देना ही पड़ता है।

और हमारे मोदीजी न्यायप्रिय आदमी हैं।

सबका बरोबर न्याय करेंगे।







How to Become a Mutual Fund Agent Step-by-Step By Urvashi Arya #Mutualfunds #mutualfundagent #Mutualfundadvisor #NISMExam #SIPs

How to Become a Mutual Fund Agent Step-by-Step

By Urvashi Arya


#Mutualfunds

#mutualfundagent

#Mutualfundadvisor

#NISMExam

#SIPs


These steps can be taken to become a Mutual Fund Agent:


Step 1: Applying to take the NISM exam


By visiting the NISM website, the prospective candidate must register for the NISM Series VA Mutual Fund Distributors Certification Examination (National Institute of Securities Market). The exam is offered at NISM facilities, and the registration cost is Rs. 1500 (excluding GST). The candidate can download the PDF file for exam preparation after completing the payment and, if the registration is successful, can also buy hard copies of the study materials from nearby bookstores or online retailers.


There will be no deducting marks for incorrect responses in the 100 MCQ questions that make up the exam. The candidate must receive at least 50%, or 50 points, to pass the test.


The applicants can study the subject matter using the NISM's study materials, and they can practice by taking any of the numerous practice exams or mock exams made accessible on NISM and other websites.


Step 2: Obtaining a passing score on the NISM mutual fund distributor exam:


The next stage for candidates would be to show up and pass the test. The results will be visible on the test screen just after the trial. The candidates can access the certification in electronic format on the NISM website, and a physical copy will be sent to the address they provide within 30 business days.


After completing the Series-V exam, the certificate will remain valid for three years. The CPE Program's 3-year validity period is likewise the same.


NISM Mutual Fund Distribution Certification Renewal


Anyone with one of the following mutual fund certificates who works in the mutual fund's sales or distribution is qualified to renew their certification:


(a) Mutual Fund Distributors Certification Examination, NISM Series-V-A


(b) Mutual Funds Distributors Continuing Professional Education: NISM Series-V-A


(c)Module for AMFI Mutual Fund (Advisors)


(d) IICM: Mutual Funds Refresher Course


(e) CIEL: Mutual Funds Refresher Course


By showing up and passing the NISM Series V examination or the NISM CPE Mutual Fund Distribution Program, they can revalidate or renew their license, which expires in a year.


Step 3: obtaining the ARN from AMFI 


The candidate must go through the necessary KYD (Know Your Distributor) process and apply to AMFI for an AMFI Registration Number to begin selling or providing mutual fund advice after passing the NISM distributor test. The candidate would have to fill out the ARN application form with information such as their PAN, identity information, NISM Distribution certificate number, and other facts.


According to the specifications, the properly completed forms must be submitted via CAMS-KRA (KYC Registration Agency) either physically (at the CAMS office) or electronically. The ARN number will be provided to the Mutual Fund Agent following the successful verification of the forms and papers, and the card will be delivered to the specified address within a few days.


Obtaining an AMFI Registration Number costs money.


Step 4: Registering with Distributors or AMCs 


The advisor can begin selling mutual funds to his clients and collecting commissions once he receives his ARN number. The mutual fund agent must now negotiate contracts with the AMFI distributors to sell the funds and collect commissions on them. The distributors would pay the agreed-upon commission on the mutual fund schemes that the agent marketed.


Also, the mutual fund advisor can directly contract with AMCs or fund houses as a distributor to sell their mutual funds.


It is preferable to connect with distributors to ensure the registration and documentation requirements are met while entering into agreements with various fund houses.


Commissions for Mutual Funds Advisors:


Many mutual fund schemes and Fund Houses or Asset Management Companies have varying mutual fund agent commission rates. Each AMC has its system for paying commissions to distributors, and they have also established several commission rates ranging from 0.1% to 2% for various category types, such as debt, equity, and hybrid.


The commissions are paid to the distributors every month by the AMCs based on the total Assets Under Managed, which is determined annually (including SIPs for the year and lump-sum investments). The expense ratio of the mutual fund scheme includes the commission that the AMC paid on the plan.


The commission varies throughout the cities as well. The trail commission is paid for the following in the mutual fund commission structure:


T-30 Cities: The AMCs would give the mutual fund schemes the same predetermined commission in these cities. For the first year, no additional incentive is given for investments or SIPs in mutual fund schemes. The commission is subject to quarterly adjustments by the AMCs or Fund Houses (before, an upfront commission was given to distributors for initially selling the plans for SIPs and Lump Sum).


2. B-30 Cities- The fund houses offer a specific incentive, the Master B-30 Incentive, where the AMCs would be paying extra incentive commission following the B-30 Cities' (below-top 30) investors.


Certain fund houses also provide specific incentives, such as additional SIP commission (upfront), paid to distributors or mutual fund agents for pitching new SIP investments of the mutual fund schemes. This is in addition to the trial commissions paid for the year. Only the amount of the first SIP that investors make is used to calculate the SIP additional commission.


Career as a mutual fund advisor:


The Indian mutual fund industry has expanded quickly during the past ten years. According to AMFI data, the overall AUM (Assets Under Managed) as of April 2020 is around Rs. 24 lac crores, up from Rs. 11.86 lac crores in April 2015, a two-fold rise in just five years.


By 2030, the Indian mutual fund industry hopes to have ten crore investors and an AUM of Rs—100 lac crores. The mutual fund sector has a wide range of options, as seen by the significant rise in the data on mutual funds. Further, there is a need for more fresh entrants into the market to serve the expanding clientele because there need to be more financial agents, advisors, or distributors to meet our nation's investors' needs.


Regarding salary, a career as a mutual fund advisor can be very lucrative. The advisors have limitless potential to increase their incomes because the commission collected grows along with the clients' numbers and the investments they make. 




How to Become an Adviser for Mutual Funds By: Urvashi Arya #Mutualfunds #Financialcareer #MutualfundAdvisor #SIPs #Financialadvice

How to Become an Adviser for Mutual Funds

By: Urvashi Arya


#Mutualfunds

#Financialcareer

#MutualfundAdvisor

#SIPs

#Financialadvice


Qualified experts known as mutual fund advisors advise investors on investing in mutual funds. By considering their risk tolerance, financial objectives, and investment horizons, among other factors, the advisors offer their customers or investors individualized financial advice. They would gain income by receiving commissions from distributors or fund houses to sell mutual fund schemes.


Mutual fund advisors provide their experience in choosing and creating a portfolio of mutual fund schemes that align with their investors' financial objectives. To do this, mutual fund agents must monitor the performance of numerous mutual fund schemes with diverse investment objectives and stay informed of significant financial market events that could affect the performance of the mutual funds.


They would continue to choose the finest funds for their clients' investments by adhering to a strict qualitative and quantitative approach. The advisors would also advise the investors on updating their portfolios after their initial investments, such as adding or removing schemes, increasing SIPs, pausing SIPs, etc., when they identify any market-related difficulties or potential opportunities that may help improve the client's wealth.


According to AMFI (Association of Mutual Funds in India) guidelines, passing the required "NISM Series VA Mutual Fund Distributors Certification" examination and obtaining an ARN number are prerequisites for becoming a mutual fund distributor or agent.


What function do advisors to mutual funds perform?


When interacting with or sustaining relationships with their clients to assist them in growing their money or achieving their financial goals through investments in mutual fund schemes, mutual fund advisors must take on various significant duties. An important function performed by a mutual fund agent is:


1. Recognizing the investors' financial demands


The mutual fund advisor must know the investors' clients' financial goals and demands. They must communicate with investors to ascertain their objectives and the time needed to achieve them. They only offer customers advice based on their investments' goals, such as retirement, wealth growth, preparing a child's further education, purchasing a car, or organizing a trip. Everyone has different financial needs, and to meet those needs on time, the investing strategy must align with those needs.


2. Informing investors:


The mutual fund representative must inform the investor about the financial products that fit their requirements well. The advisor may occasionally need to go in-depth with the investors to explain all the investment limitations they may encounter, such as the difference between the investor's ability to handle risk and willingness to take risk. Before recommending investments, it's critical to explain the risk-return characteristics of each investment product to the customer.


3. Assessing Investors' Appetite for Risk:


Evaluating the clients' or investors' level of risk tolerance is one of the most crucial responsibilities a mutual fund advisor must perform. The advisor may assess the investor's risk tolerance based on their marital status, number of children, income, monthly expenses, dependents, age, loans or EMIs, anticipated future expenses, investment horizon, financial objectives, and other considerations. Depending on their level of risk appetite, various investors are better suited for different assets.


For instance, it would be inappropriate to recommend small-cap equity funds to an investor with a low-risk tolerance due to the minimal necessary horizon. However, investors with a substantial risk appetite may be advised to invest in these funds.


4. Examining different investment possibilities


Although there are many different mutual fund investment options on the market, the advisor only needs to choose the best based on the investor's risk tolerance and financial objectives. Within the asset classes, such as equity and debt, mutual fund schemes are divided into numerous subcategories. The mutual fund advisor must evaluate the appropriate projects for his clients by looking at the performance indicators, comparing the system to its peers, and selecting the best ones.


Due to this, the mutual fund agent must be adequately informed of the financial markets and the economy's overall occurrences.


5. Portfolio Diversification


Diversification is crucial because it lowers total portfolio risk by distributing it across various investments. The advisor advises clients to allocate their funds among different mutual fund plans to reduce the portfolio's volatility.


The advisor conducts a great deal of study to determine the best investment possibilities across asset classes and within the categories that will be combined to build a portfolio. As a result, mutual fund advisors are crucial to portfolio optimization and risk reduction.


6. Keeping Financial Records Up to Date:


Ensuring the client's financial records is one of the mutual fund advisors' key responsibilities. The data might include information like MF Investment transaction details, holding details, income details, PAN card details, and other things that should only be appropriately utilized or shared with the client's permission. Advisers must keep track of all services rendered to clients, including invoices, information about the services supplied, and any other necessary papers.


7. Getting started as a mutual fund advisor:


One must pass the "NISM Series-V-A Mutual Fund Distributors Certification" exam given by NISM to become a mutual fund agent. After completing the test, the candidate must contact AMFI through CAMS-KRA to request an ARN (AMFI Registration Number).







Fintech Easy Path ? by Artee Anshu

 Fintech Easy Path ?

@Artee Anshu


India's digital lending market is growing at rapid pace tentatively around 39.55 CAGR and FinTech is major contributor with fastest growth pace


We know it has potential to reshape financial services and inclusion along with good amount of co-work with Banks


but FinTech not have smooth journey as one side they have advantage of large stock of user data at the same time data privacy prompting the big risk


One hand they have their strength of quick access with their user friendly & integrated interface & but rising digital frauds through lending apps making Credibility & Trust as major challenge

Artee Anshu 

"A Woman of Substance" 

A Mother,  a Banker and Impact Creator in Making

A Banker who striving to create mammoth Impact in Lending Space !

https://www.linkedin.com/in/artee-anshu-354b2861


##Success #Empowerment ##ThoughtfulARTEE

#banks #lending #success #empowerment #ThoughtfulARTEE





Person of Indian Origin [PIO] becomes the Global CEO or Prime Minister of any Corp / Country,

Whenever a Person of Indian Origin [PIO] becomes the Global CEO or Prime Minister of any Corp / Country, 

We either

Start hating yourself or

Feel like we are now controlling foreign corporate and that person will focus on Indian interests!

Truth:

From Pepsi to Google to Microsoft to Twitter CEOs, the first KRAs remain their respective corporate interests…more

The ugly truth is, they are only of Indian origin... not Indian.. Nobody has Indian citizenship. They have surrendered their Indianness long ago…

so grow up and feel proud of those people who are in india or who have indian passport..have a lot of affinity towards india and are benefiting india from years only

Indians love to be proud of CEOs of Indian origin based in other countries. But in India people hate the same tribe the most…

Ambani, Adani, Tata, Birla... They lived in India, made Indian products, made companies for the Indian people, created huge shareholder wealth for the common man, Digital space, Renewable energy sector, O&G, Food supply chain Revolutionized clothing, telecommunications, defense backbone, shipping, etc., so that HEADLESS CHICKENS could FREE, PROMISE THEM. The truth is that we Indians are a bunch of emotional idiots. Nothing else.

20 Nadella, 200 Pichai and 1000 Parag 10 times, Tata Birla Bajaj has created more money and jobs for the nation - yet it is in India that the Ambani-Adani hate...

We are a nation that worries about brain drain and misuse of wealth creators in the nation...

India is becoming the world's fastest growing startup ecosystem with over 70 unicorn (a startup company with a valuation of over $1 billion) startups, 40 in 2021!!! This is no longer America and China,


The Tata group has 750,000 employees.

L&T employs 3,38,000 people.

Infosys has 2,60,000 employees.

Mahindra has 2,60,000 employees.

Bajaj Industries has 2,36,000 people.

Wipro has 2,10,000 employees.

HCL has 1,67,000 employees.

HDFC Bank has 1,20,000 employees.

ICICI Bank has 97,000 employees.

TVS Group has 60,000 employees.

Just these ten companies together give employment to about 25 lakh Indians and give them very respectable salaries.


These 25 lakh corporate jobs are more than half of the total central government jobs (48.34 lakh)!


Government provides employment to more than one crore people (1%) and private and organized sector provide 6-8% and rest 92% are employed in unorganized sector.


Respect the private sector.


Worship millionaires and billionaires.


Cheers to the job creators.


They are creating livelihood for millions of Indians! Don't listen to failed socialist politicians ruining the economic potential of 3 generations in India.


If you want a bright future for the generations to come, India needs thousands of new corporations that create high paying jobs!


Proud to be an Indian, from inside as well as outside.


जब भी भारतीय मूल का कोई व्यक्ति ग्लोबल सीईओ या किसी भी देश का प्रधानमंत्री बनता है तो हम या तो

खुद से घृणा करने लगते हैं या

ऐसा महसूस करते हैं कि अब हम विदेशी कॉरपोरेट को नियंत्रित कर रहे हैं और वह व्यक्ति भारतीय हितों पर ध्यान केंद्रित करेगा!

सच्चाई:


पेप्सी से लेकर गूगल तक माइक्रोसॉफ्ट से लेकर ट्विटर सीईओ तक के पहले KRA उनके संबंधित कॉर्पोरेट हित ही रहते है…और

बदसूरत सच्चाई ये है की , वे केवल भारतीय मूल के हैं ... भारतीय नहीं..किसी के पास भारतीय नागरिकता नहीं है। उन्होंने बहुत पहले अपनी भारतीयता का आत्मसमर्पण कर दिया है …

इसलिए बड़े हो जाओ और उन लोगों पर गर्व महसूस करो जो भारत में हैं या जिनके पास भारतीय पासपोर्ट है ..भारत के प्रति बहोत आत्मीयता रखते है ओर भारत को बर्षो से फ़ायदा ही फायदा करा रहे है

भारतीयों को अन्य देशों में स्थित भारतीय मूल के सीईओ पर गर्व करना पसंद है। लेकिन भारत में लोग उसी जनजाति से सबसे ज्यादा नफरत करते हैं…


अंबानी, अदानी, टाटा, बिरला... उन्होंने भारत में रहकर भारतीय उत्पादों का निर्माण किया, भारतीय लोगों के लिए कंपनियां बनाईं, आम आदमी के लिए बड़ी शेयरधारक संपत्ति बनाई, डिजिटल स्पेस, नवीकरणीय ऊर्जा क्षेत्र, ओ एंड जी, खाद्य आपूर्ति श्रृंखला, कपड़े, दूरसंचार रक्षा रीढ़, शिपिंग, आदि आदिमें क्रांति ला दी ताकि HEADLESS CHICKENS 🤔 नि: शुल्क,उनका दुष्प्रचार कर सकें😫। सच तो यह है कि हम भारतीय इमोशनल मूर्खों का झुंड हैं। और कुछ नहीं।


20 नडेला, 200 पिचाई और 1000 पराग 10 गुना गुना, Tata Birla Bajaj ने राष्ट्र के लिए इससे अधिक धन और नौकरियां पैदा की हैं - फिर भी भारत में ही अंबानी-अडानी को मिलती है नफरत...


हम एक ऐसा राष्ट्र हैं जो ब्रेन ड्रेन के बारे में चिंता करता है और राष्ट्र में वेल्थ क्रिएटर्स का दुरुपयोग करता है ...


भारत 70 से अधिक यूनिकॉर्न (1 बिलियन डॉलर से अधिक के मूल्यांकन के साथ एक स्टार्टअप कंपनी) स्टार्टअप, 2021 में 40 के साथ दुनिया का सबसे तेजी से बढ़ने वाला स्टार्टअप इकोसिस्टम बन रहा है !!! यह अब अमेरिका और चीन नहीं है,

टाटा समूह में 7,50,000 कर्मचारी हैं।

एलएंडटी में 3,38,000 लोग कार्यरत हैं।

इंफोसिस में 2,60,000 कर्मचारी हैं।

महिंद्रा के पास 2,60,000 कर्मचारी हैं।

Bajaj  इंडस्ट्रीज के 2,36,000 लोग हैं।

विप्रो में 2,10,000 कर्मचारी हैं।

एचसीएल में 1,67,000 कर्मचारी हैं।

एचडीएफसी बैंक में 1,20,000 कर्मचारी हैं।

आईसीआईसीआई बैंक में 97,000 कर्मचारी हैं।

टीवीएस समूह में 60,000 कर्मचारी हैं।

बस ये दस कंपनियां मिलकर लगभग 25 लाख भारतीयों को रोजगार देती हैं और उन्हें बहुत सम्मानजनक वेतन देती हैं।


ये 25 लाख कॉर्पोरेट नौकरियां कुल केंद्र सरकार की नौकरियों (48.34 लाख) के आधे से अधिक हैं!


सरकार एक करोड़ से अधिक लोगों (1%) को रोजगार प्रदान करती है और निजी और संगठित क्षेत्र 6-8% प्रदान करते हैं और बाकी 92% असंगठित क्षेत्र में कार्यरत हैं।


निजी क्षेत्र का सम्मान करें।


करोड़पति और अरबपतियों की पूजा करें।


नौकरी देने वालों के लिए जयकार।

वे लाखों भारतीयों के लिए आजीविका पैदा कर रहे हैं! भारत में 3 पीढ़ियों की आर्थिक क्षमता को बर्बाद करने वाले असफल समाजवादी राजनेताओं की बात न सुनें।

यदि आप आने वाली पीढ़ियों के लिए उज्ज्वल भविष्य चाहते हैं, तो भारत को ऐसे हजारों नए निगमों की आवश्यकता है जो उच्च वेतन वाली नौकरियों का सृजन करते हैं!

️भारतीय होने पर गर्व है, अंदर से और बाहर से भी ।

Risk and Reward in Mutual Funds by Pranita Jagtap

Risk and Reward in Mutual Funds

by @ Pranita Jagtap


What are the Risks and Rewards of Mutual Fund Investment?

Mutual funds are regarded as one of the safest investments around as they diversify the money across a multitude of equity and debt instruments. The experienced fund managers use their years of expertise to balance the portfolio and ensure a good return for the investors. Besides, these managers also keep an eye on the investment objectives of different funds. So, their mode of operation and investment strategy can differ from funds to funds. A fund manager ensures a proper mix of asset allocation to counter varied market situations and fulfill the objectives. The hard work put in by the manager often leads to a series of rewards for the investors to earn. So, let’s read out the rewards you can have while investing in a mutual fund.


Types of Rewards

Mutual funds have the potential to appreciate the growth of capital, generate regular income, provide liquidity, etc. All these can make your MF journey a memorable one.

Return

The return potential, particularly in the case of equity funds, is expected to be on the higher side. These funds invest predominantly in the stocks of different companies with distinct market capitalizations. The fund managers also look to widen the portfolio of investors by investing in various sectors of the economy. The capital appreciates on the back of positive cues developing in several sectors like automobile, information & technology, FMCG and others.


So, if you have a long-term investment approach, you can invest in equity funds and get the inflation-adjusted returns, which can be in the form of capital gains and dividends.


Pranita Jagtap

Fintech Manager

Air Crew Aviation Pvt Ltd.

pranita.fintech@gmail.com


CTC Vs IN HAND SALARY

 CASE STUDY ON 

CTC Vs IN HAND SALARY


Most people get shocked when they find out that the salary that hit their bank account is not exactly the same as the figure that they saw on the offer letter. This is because the figure mentioned in the Offer letter

is CTC (Cost-to-company) while what you get in hand is your net salary after various deductions (including taxes and EPF).

Most people often divide the annual CTC mentioned on the offer letter by 12 and expect that their monthly in-hand salary will be that amount.

But your CTC generally includes certain indirect benefits which may not be credited to your bank account but you are entitled to the same and your company is bearing the cost for the same. Also, deductions 

like taxes are not shown in the offer letter. This is why the CTC never matches the annual salary that hits your bank account? 

Let’s understand CTC and its various components.


What Is CTC?


CTC stands for Cost to a company.


If you are an employee, CTC is the value that your company is willing to spend on you during a financial year. Now, your CTC includes direct benefits like your basic salary, House Rent Allowance (HRA), 

Leave Travel Allowance or LT, special allowance, performance bonus, etc. CTC also includes indirect benefits like subsidized meals, company car facility, meal coupons, etc. And CTC also includes retirement 

benefit plans like Employee provident fund (EPF), gratuity, etc.


CTC = Direct Benefits + Indirect Benefits + Retirement Benefits


Let’s Understand This With An Example :


DIRECT BENEFITS :                   

Basic -    40,000

HRA -     15,000

LTA -      5,000

Special - 20,000 

Allowance


Gross Salary - 80,000


INDIRECT BENEFITS :

Meal coupons -  5,000

Company transportation facility - 10,000


Total Indirect Benefits - 15,000


RETIRALS :

EPF (employee+employer contribution) - 11,000

Gratuity - 4,000

Total Retirals - 15,000

Monthly CTC= Gross Salary + Indirect benefits + Retirals= Rs 1,00,000

What Is Net Salary Or Take-Home Salary?

From the above example we are clear that the monthly CTC is different from the net salary. That is because components like indirect benefits and retiral benefits don’t hit your bank account. Further, your net 

salary is not the entire amount that comes under the Direct Benefit part. Your ‘Net salary’ is calculated after deducting components like income tax from your Direct benefits.

Net Salary = Direct benefits - deductions like income tax, etc.

Let’s take the above example to understand the net salary calculation.

DIRECT BENEFITS :

Basic -    40,000

HRA -     15,000

LTA -      5,000

Special - 20,000 

Allowance

Gross Salary - 80,000

DEDUCTIONS :

Income tax - 6,000

Professional tax - 1,000

EPF - 4,000

Total Deductions - 10,000

Net/ Take-home salary = Gross salary – Deductions = 80,000 – 10,000 = Rs 70,000

Note that the above example is a generic representation of the difference between CTC and Net Take-home salary. 



Pragati Agrawal MBA 

Business Analyst

AirCrews Aviation Pvt. Ltd.

www.AircrewsAviation.com

Pragati@Air-Aviator.com