29Hi Shweta ,
Here is the salary break up for you . I hope it will give some information about the salary break up.
Earnings :
Basic : -50% on the CTC
HRA :- 40% on the Basic ( For Metros it is 50%)
Conveyance allowance : Rs.750 per month ( more than 750 is taxable )
Medical allowance :-Rs. 1250 per month ( more than 1250 is taxable )
You can consider the remaining as special allowance , project allowance etc:
ESI - 4.75% of gross salary ( Employer contribution )
Deductions :
PF- 12% on the basic ( from employee side )
ESI - 1.75% of gross salary .
Professional tax :-According to the slab .
__
Thanks & Regards,
Vani
From India, Secunderabad
Dear Shweta,
I hope this will be useful for salary break.Please let me the state for preparing salary,because Prof Tax slabs are different for other states.
Basic 50%
Hra 45% on basic
Convy 800
Medical 1250
Oth
G.P Total of Basic,hra etc
Esi 1.75 on Gross
PF 12 % on Basic
P.Tax It depend on salary,Refer ptSlabs
N.P Gross-esi-pf-pt
Employer
Pf 13.61 on Basic
Esic 4.75 on Gross
CTC Gross+Employer contribution
Best Regards,
Mohammed
From India, Hyderabad
I hope this will be useful for salary break.Please let me the state for preparing salary,because Prof Tax slabs are different for other states.
Basic 50%
Hra 45% on basic
Convy 800
Medical 1250
Oth
G.P Total of Basic,hra etc
Esi 1.75 on Gross
PF 12 % on Basic
P.Tax It depend on salary,Refer ptSlabs
N.P Gross-esi-pf-pt
Employer
Pf 13.61 on Basic
Esic 4.75 on Gross
CTC Gross+Employer contribution
Best Regards,
Mohammed
From India, Hyderabad
Dear Shwetha,
I hope this will be helpfull to u.Please refer below are the break up..Prof tax will be differnt for states.Pls follow as per the same.
Basic 50%
Hra 45% on
Convy 800
Medical 1250
Oth
G.P = Total of Basic,hra etc
Esi 1.75 on Gross
PF 12 % on Basic
P.Tax It depend on salary,Refer ptSlabs
N.P Gross-esi-pf-pt
Employer Pf 13.61 on Basic
Esic 4.75 on Gross
CTC Gross+Employer contribution
Thanks,
-Mohammed
From India, Hyderabad
I hope this will be helpfull to u.Please refer below are the break up..Prof tax will be differnt for states.Pls follow as per the same.
Basic 50%
Hra 45% on
Convy 800
Medical 1250
Oth
G.P = Total of Basic,hra etc
Esi 1.75 on Gross
PF 12 % on Basic
P.Tax It depend on salary,Refer ptSlabs
N.P Gross-esi-pf-pt
Employer Pf 13.61 on Basic
Esic 4.75 on Gross
CTC Gross+Employer contribution
Thanks,
-Mohammed
From India, Hyderabad
Hi, I want to know the meaning for salary standard and please tell me the details Regards Swapna
From India, Hyderabad
From India, Hyderabad
Dear Shweta,
First and foremost you will have to design a Salary Structure for your Company.
The CTC break up will be based on this structure. Some useful suggestions have already been made by some members. You could us these as guidelines.
I am attaching herewith a slaray structure which could also offer you some idea to create your own Salary Structure.
Best Wishes,
Vasant Nair
From India, Mumbai
First and foremost you will have to design a Salary Structure for your Company.
The CTC break up will be based on this structure. Some useful suggestions have already been made by some members. You could us these as guidelines.
I am attaching herewith a slaray structure which could also offer you some idea to create your own Salary Structure.
Best Wishes,
Vasant Nair
From India, Mumbai
Can We break salary like this to avoid PF deduction:- gross: 12000 basic 6600/- medical: 850/- HRA: 1250/- rest all special allowance:3300/- kindly advice
From India, Delhi
From India, Delhi
Hi
Salary break up depend upon the company's policy, status, level/catagories of employees, nature of bussiness etc.
Break Up per Month salary
Basic- 40% to 60%
Hra -20% to 50% on basic
Convy -800 or 20 to 40%
Medical -1250 or 8.33%
Washing All -100/- to 250/-
CCA -200/ to--
Children Edu. All -250/- to 1000/-
Special All -
Food/canteen All. -
Servant All-
Gross Total of Basic,hra etc Per Month =
Annual Perks/benifits
Esi 1.75 on Gross
PF 12 % on Basic
LTA
Bonus
Gratuity
Transport/ car-
P.Tax It depend on salary,Refer ptSlabs
CTC =salary PM + annula Perks
Regarding PF applicabilty subject to already member of EPF or not.
From India, New Delhi
Salary break up depend upon the company's policy, status, level/catagories of employees, nature of bussiness etc.
Break Up per Month salary
Basic- 40% to 60%
Hra -20% to 50% on basic
Convy -800 or 20 to 40%
Medical -1250 or 8.33%
Washing All -100/- to 250/-
CCA -200/ to--
Children Edu. All -250/- to 1000/-
Special All -
Food/canteen All. -
Servant All-
Gross Total of Basic,hra etc Per Month =
Annual Perks/benifits
Esi 1.75 on Gross
PF 12 % on Basic
LTA
Bonus
Gratuity
Transport/ car-
P.Tax It depend on salary,Refer ptSlabs
CTC =salary PM + annula Perks
Regarding PF applicabilty subject to already member of EPF or not.
From India, New Delhi
Hi,
here is the salary break up.
Basic - 40 to 60% if DA is there then basic is
basic - 40%
DA - 20%
HRA - 25%
CA - 15%
total 100% shud b caculate for salary break up its true. but DA shud not b more than 20% n less then 15%.basic shud not b more than 50% and less then 40%. if DA is calculate then basic+da shud not b more then 60%.
ESI- 1.75% (Employee contribution)
4.75% (Employer contribution)
PF - 12% (from Employee side)
PT - as per slab.
thanx
A.Anil kumar
Executive HR.
From India, Hyderabad
here is the salary break up.
Basic - 40 to 60% if DA is there then basic is
basic - 40%
DA - 20%
HRA - 25%
CA - 15%
total 100% shud b caculate for salary break up its true. but DA shud not b more than 20% n less then 15%.basic shud not b more than 50% and less then 40%. if DA is calculate then basic+da shud not b more then 60%.
ESI- 1.75% (Employee contribution)
4.75% (Employer contribution)
PF - 12% (from Employee side)
PT - as per slab.
thanx
A.Anil kumar
Executive HR.
From India, Hyderabad
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