In part 1 of the series, we took your through the cash components of your payslip that form the Earnings and also some perquisites. Cash earnings and also perquisites form part of CTC (Cost to company).
In this part, we will look into the various deductions that are part of your payslip.
Also listen to this podcast
There are three key deductions from the total earnings that are often seen in your payslips.
Watch the video.
Also watch: Know your salary - Part 3 (The taxes and how to reduce them)
Script: Anand Kalyanaraman
Narration: Gitanjali Diwakar
Editing: Radhika S R