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What is a #SalarySlip?
What is the meaning of gross salary, CTC and net salary?
How are these components of salary slip different from each other?
00:00 Introduction
01:04 What is CTC?
03:41 What is gross salary?
04:37 Basic Salary explained
06:37 What is HRA?
08:57 Medical Allowance
09:32 Special Allowance and its categories
11:19 How your yearly tax is calculated
14:51 What is Provident Fund?
15:59 What is gratuity?
16:38 Corporate health insurance
17:59 How to increase your in-hand allowance?
#warikoo #moneytips
The salary that we are told as CTC is widely different from what is credited in our bank account, and most of the time we do not know where the money went. The answer is the salary slip. It has all the details – about our house rent allowance, special allowances, and also the tax deducted.
In this simple to understand video, I will give you a step-by-step explanation of all the components of your salary slip, which will also give you a more clear understanding of all the #taxes that were deducted before the salary that got credited in your account.
If you have further questions, feel free to ask them in the comments section below.
Click here to subscribe to my YouTube channel: http://shorturl.at/bizNX
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Ankur Warikoo is an entrepreneur, an angel investor, a mentor and an active public speaker.
For the past 4 years, #Warikoo has been actively sharing content on YouTube, LinkedIn, Instagram, Facebook and Twitter amassing a following of 1.8Mn+ people.
He posts 3 Hindi and English videos every week on his YouTube channel, where he talks about entrepreneurship, how to grow in life, personal finance and failure.
Warikoo started his entrepreneurial journey in 2008. His most recent startup is nearbuy.com where he was the founder and CEO from 2015 until 2019.
Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15.
An alumnus of the Indian School of Business, Ankur is an active Angel investor and mentor to several startups.
Ankur has been part of Fortune Magazine’s 40 under 40 List for India, LinkedIn India’s PowerProfiles List, LinkedIn India’s Spotlight List and India’s Top Executives under 40 list.
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My Money Apps: https://bit.ly/3Zg56eR
My bestselling books:
‘GET EPIC SHIT DONE’: https://ankurwarikoo.com/getepicshitdone
‘Do Epic Shit’: https://ankurwarikoo.com/doepicshit
My gear for shooting this video:
🎥 Sony a7III camera: https://bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: https://bit.ly/3KCCiF0
🎙️ Shure SM7B Microphone: https://bit.ly/3O1NAVA
🔆 Fill Light 60W: https://bit.ly/37aJolP
💡 Key Light 150W: https://bit.ly/3O9nyjs
📽️ Benro IT15 Tripod for Sony a7III camera: https://bit.ly/3O4PvJ1
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Gadgets that I use: https://bit.ly/WarikooGadgets
The above links are on Amazon.
If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L.
Let’s connect online:
🎙️ My weekly podcast Woice with warikoo (Spotify): https://open.spotify.com/show/1g7wpoqydK6hszvi4DFywg
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