Hi,
Below is the offer breakup that I came across recently. I find it different from the regular one [like basic-30%of ctc, hra-40% on basic, medical, pf- 12%, special allowance], that is followed.
Please help me understand if the below mentioned calculations are as per the compliance followed.
This would help someone to make a right decision before he/she jumps & the employer is genuine.
Basic: 50 % of CTC
HRA: 50% of BASIC
Medical: 15000 per annum
Driver (taxable):
Telephone (taxable):
Travel (taxable):
PF: 9360 per annum
Special (taxable): CTC-All of above
Regards,
Bhagya
From India, Hyderabad
Below is the offer breakup that I came across recently. I find it different from the regular one [like basic-30%of ctc, hra-40% on basic, medical, pf- 12%, special allowance], that is followed.
Please help me understand if the below mentioned calculations are as per the compliance followed.
This would help someone to make a right decision before he/she jumps & the employer is genuine.
Basic: 50 % of CTC
HRA: 50% of BASIC
Medical: 15000 per annum
Driver (taxable):
Telephone (taxable):
Travel (taxable):
PF: 9360 per annum
Special (taxable): CTC-All of above
Regards,
Bhagya
From India, Hyderabad
Hi Please I need a sample of a payslip with all details and would also like to know how to calculate tax on Basic salary.
From Zimbabwe, Harare
From Zimbabwe, Harare
Hi Bhagya
Find below components of Salary Calculations
Basic 50% on CTC
HRA 60% on Basic for metro cities and 50% for other cities
Conveyance Allowance Rs. 9600/- (Exempted)
Medical Allowance Rs. 15000/- (Exempted)
LTA Exempted for the bills you provide amound varies based on the salary
Special Alowance (Taxable)
PF Either 12% on full basic or shall be restricted to 12% on 6500 PM depends on management.
Regards
From India, Bangalore
639Find below components of Salary Calculations
Basic 50% on CTC
HRA 60% on Basic for metro cities and 50% for other cities
Conveyance Allowance Rs. 9600/- (Exempted)
Medical Allowance Rs. 15000/- (Exempted)
LTA Exempted for the bills you provide amound varies based on the salary
Special Alowance (Taxable)
PF Either 12% on full basic or shall be restricted to 12% on 6500 PM depends on management.
Regards
From India, Bangalore
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Salary calculations.xl s
Salary-Note.doc