Hi, I am new here so hope I am placing my query where I am suppose to.
I was working for a company that use to pay me in cash and at times RTGS. Incentives in cash most of the time. It was a consultancy for overseas education based in Delhi. I use to take home around 75,000 plus incentives every now and then. Now I am switching to a bigger role in a bigger organisation wherein Hr etc is functional, they have offered me a package of 8.25 approx p.a. I need to submit my salary slip if they ask from my previous company, which otherwise we never got. I need a breakup of 9 lakhs per annum with no tax liability. Nothing was structured in my previous company though we were compensated well. i am keen for a new offer as they are a thorough professionals.
What they have offered me is-
Salary Elements
Monthly(`) Annually(`)
Basic 36,600 4,39,200
House Rent Allowance 10,980 1,31,760
City Compensatory Allowance 3,049 36,585
Conveyance 1,200 14,400
Medical Allowance 1,250 15,000
Other Allowance 7,921 95,055
Gross Total 61,000 7,32,000
Deduction PF-780
PT-200
Net Salary- 60,020
Annual Benefits
Amount(`)
Bonus 15,000
P.F.(Employer’s Contribution) 9,360
Gratuity 21,213
Mobile Expenses 12,000
Insurance Premium 5,000
LTA 30,000
Total 92,573
CTC-8,24,573
*The Employee can claim LTA once in two years after completion of 2 years of continues service within the organization.
Please help me in break up of my previous package of 9 lakhs. that should carry incentives.
Regards,
Ritu
From India, Delhi
I was working for a company that use to pay me in cash and at times RTGS. Incentives in cash most of the time. It was a consultancy for overseas education based in Delhi. I use to take home around 75,000 plus incentives every now and then. Now I am switching to a bigger role in a bigger organisation wherein Hr etc is functional, they have offered me a package of 8.25 approx p.a. I need to submit my salary slip if they ask from my previous company, which otherwise we never got. I need a breakup of 9 lakhs per annum with no tax liability. Nothing was structured in my previous company though we were compensated well. i am keen for a new offer as they are a thorough professionals.
What they have offered me is-
Salary Elements
Monthly(`) Annually(`)
Basic 36,600 4,39,200
House Rent Allowance 10,980 1,31,760
City Compensatory Allowance 3,049 36,585
Conveyance 1,200 14,400
Medical Allowance 1,250 15,000
Other Allowance 7,921 95,055
Gross Total 61,000 7,32,000
Deduction PF-780
PT-200
Net Salary- 60,020
Annual Benefits
Amount(`)
Bonus 15,000
P.F.(Employer’s Contribution) 9,360
Gratuity 21,213
Mobile Expenses 12,000
Insurance Premium 5,000
LTA 30,000
Total 92,573
CTC-8,24,573
*The Employee can claim LTA once in two years after completion of 2 years of continues service within the organization.
Please help me in break up of my previous package of 9 lakhs. that should carry incentives.
Regards,
Ritu
From India, Delhi
Your query is not understood by me, you say that you use to take your salary of Rs. 75000/- plus incentive every now and then what you mean, you do not take the salary every month. Secondly I fail to understand how can you prepare a salary of 9 lac without tax liability. Please refer your Accounts in Charge or Head HR, they may guide you properly.
From India, Ahmadabad
734From India, Ahmadabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals. CiteHR connects professionals facing similar challenges, leveraging a vast knowledge base (100K+ downloads, 150K+ discussions) and targeted emails to engage experts in solving issues.
Salary Break Up.xlsx
New Comart Salary Break up-Calculator.z ip