An insight in one’s salary structure is beneficiary when one pays their income taxes or even to avail loans
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After putting one's best foot forward throughout the year, an employee eagerly waits for the increment letter at the beginning of new financial year or after the end of salary cycle followed by its recruiter. However, confusion does arise when they compare their increment letter with new salary slip, especially when they come across a big gap between their actual CTC mentioned in the increment letter and the take hole salary mentioned in the salary slip. It is also important to remember that one should not let the immediate feeling of financial well-being get into their head. So, its very important for an employee to demystify one's salary slip after getting increment letter from the employer.
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