Dear seniors, Please guide me how a salary break up is done?? How to read salary slip? what the contents are meaning? Is there anybody to help me?? Please guide me..!!!
From India, Pune
6From India, Pune
Hi All, Can anyone please lemme know the format for the salary 1.4lac , and take home should b/w 10.5 k to 11 k. Please mention each any every breakups . Thanks
From India
From India
Hi
please find the breakup for 2.4 lpa.
CTC 240000
Monthly Components Monthly Annualized.
Basic Pay 8000 / 96000
House Rent Allowance 3200 / 38400
Conveyance Allowance 0 / 0
special pay 7460 / 89520
Gross Monthly Salary 18660 / 223920
Quarterly / Annual Components
LTA(Claimable on completion of 1 yr) 0
Medical 0
Exgratia 0
Gross Annual Salary / 223920
Statutory Components
Company's contribution to PF(12% of Basic) 960 / 11520
Gratuity(@ 15 days Basic pa, on completion of 5 years) / 4615
Cost to the Company 240055
From India, Hyderabad
please find the breakup for 2.4 lpa.
CTC 240000
Monthly Components Monthly Annualized.
Basic Pay 8000 / 96000
House Rent Allowance 3200 / 38400
Conveyance Allowance 0 / 0
special pay 7460 / 89520
Gross Monthly Salary 18660 / 223920
Quarterly / Annual Components
LTA(Claimable on completion of 1 yr) 0
Medical 0
Exgratia 0
Gross Annual Salary / 223920
Statutory Components
Company's contribution to PF(12% of Basic) 960 / 11520
Gratuity(@ 15 days Basic pa, on completion of 5 years) / 4615
Cost to the Company 240055
From India, Hyderabad
Hi
please find below the formule for arrinving amounts under each head
BASIC = (CTC *40%/12,5)
hra =(Basic*40%,5)
special pay =((CTC-(BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY ))/12,5)
to arrive special pay components the below annual amounts have been considered
Annual components (BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY )
From India, Hyderabad
please find below the formule for arrinving amounts under each head
BASIC = (CTC *40%/12,5)
hra =(Basic*40%,5)
special pay =((CTC-(BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY ))/12,5)
to arrive special pay components the below annual amounts have been considered
Annual components (BASIC+HRA+CONVEYANCE ALLOW+LTA +MEDICAL REIMB+EXGRATIA + EMPLR SHARE OF PF+GRATUITY )
From India, Hyderabad
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