Dear Seniors,
I Sangeeta Singh, working in Real Estate company as HR Officer. Now i have to prepare Salary Annexure & Salary Slip for Manager Level with CTC - 4,20,000.
Please help me... I want to learn norms of DA, Education Allowance, Gratuity, Superannuation and LTA.
Regards,
Sangeeta Singh
HR Officer

From India, Lucknow
Dear Singh, Please find the attached file and hope it will resolve your query.
Attached Files (Download Requires Membership)
File Type: xls msror-SALARY-BREAK-UP.xls (20.0 KB, 1087 views)

Dear Madam, Please find the attached CTC sheet of 4.2 lac for your kind perusal.
From India, Pune
Attached Files (Download Requires Membership)
File Type: docx CTC_4.2.docx (17.9 KB, 394 views)

Dear Prashant, Your salary breakup sheet is very useful but i found some extra deduction(pf contribution), please clear this. Thanks and Regards Mahendra Patole
From India, Mumbai
Dear Mahendra & babisolmanraju, PF is deducted on Basic Salary i.e. Rs. 14000.00.
From India, Pune
nice work thanks for sharing evan i m good in aspects but formula and all r difficult to calculate its a standard format im planning to use to company
From India, Delhi
Dear Prashant Ingawale,
Statutory Contributions can not be shown in CTC and another thing is if it is CTC Employer Contribution in total alongwith PF Admin Exp. it will be 13.61.
Kindly Correct me.
Hrkpati

From India, Guwahati
Structuring salaries is an very difficult process that every HR manager has to go through.
HR managers that i know are uninformed about the technical aspects of the salary structures .
Here's an link to the article that i referenced to because it is a informative guide explaining all the components of the salary and has the compliance guidelines related to the components as well .
http://quikchex.in/salary-structures-india-need-know/

From India, Mumbai
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