Dear Sir, I am new in HR, please give me the breakup calculation on CTC. like my salary is 14500 ctc then give me the breakup how to bifercate it. pls reply me urgently Vaishali
From India, Pune
From India, Pune
Dear Vaishali, There is no any standard breackup formula. Its differ from company to company. However I am enclosing a salary breackup for your knowledge. Regards Ranjeet
From India, New Delhi
30From India, New Delhi
Dear Vaishali,
Generally salary break up depends on CTC. Here is the simple way to calculate the monthly salary :
- CTC/12 e.g 240000/12=20,000 (this would be the gross salary)
- On gross Salary you have to calculate HRA, PF, Basic Salary, TA
- Basic Salary would be 40% on gross salary (Its not a thumb rule but people follows)
- HRA would be 40 to 50% on Basic Salary (Again not a thumb rule )
- PR 12% on Basic Salary.
- TA generally would be 800
If you calculate all this you will get monthly salary..
Hope this will help you to calculate salary..
Regards,
Nagesh
9848345323
From India, Hyderabad
Generally salary break up depends on CTC. Here is the simple way to calculate the monthly salary :
- CTC/12 e.g 240000/12=20,000 (this would be the gross salary)
- On gross Salary you have to calculate HRA, PF, Basic Salary, TA
- Basic Salary would be 40% on gross salary (Its not a thumb rule but people follows)
- HRA would be 40 to 50% on Basic Salary (Again not a thumb rule )
- PR 12% on Basic Salary.
- TA generally would be 800
If you calculate all this you will get monthly salary..
Hope this will help you to calculate salary..
Regards,
Nagesh
9848345323
From India, Hyderabad
Here is CTC break up for 14500/-pm and salary structure
Component PA PM Remarks Deduction PA PM
Basic 93252 7771 Employee PF 11196 933
HRA 37308 3109 Employee ESI 2724 227
Conv. 9600 800 Employee PT 1800 150
Medical Allowance 15000 1250 Total 15720 1310
LTA 0 0
Other Allowance 264 22 NET 139704 11642
Gross 155424 12952
Variable 0 0
PF @12% 11196 933
ESI @4.75% 7380 615
Gratuity @4.81% 0 0
GMC 0 0
GPA 0 0
CTC 174000 14500
From India, Bangalore
Component PA PM Remarks Deduction PA PM
Basic 93252 7771 Employee PF 11196 933
HRA 37308 3109 Employee ESI 2724 227
Conv. 9600 800 Employee PT 1800 150
Medical Allowance 15000 1250 Total 15720 1310
LTA 0 0
Other Allowance 264 22 NET 139704 11642
Gross 155424 12952
Variable 0 0
PF @12% 11196 933
ESI @4.75% 7380 615
Gratuity @4.81% 0 0
GMC 0 0
GPA 0 0
CTC 174000 14500
From India, Bangalore
Basic + DA 9666.666667
HRA 3866.666667
Conveyance 800
Medical Reimbursement 1250
Special Allowances 6380
Gross 21963
EPF (12% of Basic) - 1160
ESI (Equivalent to 4.75% of Gross) 1043
CTC 24166.66667
Deductions
EPF (12% of Basic) 1160
ESI (1.75% of Gross) 384
Total Deductions 1544
Net Income 20419
From India, Mumbai
HRA 3866.666667
Conveyance 800
Medical Reimbursement 1250
Special Allowances 6380
Gross 21963
EPF (12% of Basic) - 1160
ESI (Equivalent to 4.75% of Gross) 1043
CTC 24166.66667
Deductions
EPF (12% of Basic) 1160
ESI (1.75% of Gross) 384
Total Deductions 1544
Net Income 20419
From India, Mumbai
Basic + DA 9468.266667
HRA 3787.306667
Conveyance 800
Medical Reimbursement 1250
Special Allowances 6207
Gross 21513
EPF (12% of Basic) - 1136
ESI (Equivalent to 4.75% of Gross) 1022
CTC 23670.66667
Deductions
EPF (12% of Basic) 1136
ESI (1.75% of Gross) 377
Total Deductions 1513
Net Income 20000
From India, Mumbai
HRA 3787.306667
Conveyance 800
Medical Reimbursement 1250
Special Allowances 6207
Gross 21513
EPF (12% of Basic) - 1136
ESI (Equivalent to 4.75% of Gross) 1022
CTC 23670.66667
Deductions
EPF (12% of Basic) 1136
ESI (1.75% of Gross) 377
Total Deductions 1513
Net Income 20000
From India, Mumbai
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Typical salary breakup.jpg
Salary breakup.xls
Salary Breakup Annexure.doc