My suggestion to you would be rather than focussing on Generalistic profile focus on your strength which is Recruitment…Lot of companies are hiring Manager, Sr. Manager, Head, AVP Recruitment and try exploring these possibilities where you can more scope rather than starting from the beginning. There is a lot of demand of Manager Recruitments in IT, BPO, Financials, Insurance, Engineering and other sectors where salary range is also compatible with that of Generalist HR ..so why don’t you give it a try…which part of India u are ….
From United Kingdom
3From United Kingdom
Dear All,
I have read that an employee receiveing a gross less then 6500 should receive ESI more then that depends upon company policy.Please can any one clarify on this as I read in one of the PDF only posted on CHR..
From India, Calcutta
I have read that an employee receiveing a gross less then 6500 should receive ESI more then that depends upon company policy.Please can any one clarify on this as I read in one of the PDF only posted on CHR..
From India, Calcutta
Dear Friend,
Your Salary Structure -
Basic 375000
HRA 1 50000
Conveyance 9600
Medical 15000
Spl all. 153540
PF (Empl) 9360
LTA 37500
Total CTC 750000
Exemptions
Taxable AmtExempted AmtBasic
0
9360
37500
(Only if you cliam it once in two years)
Hence Taxable Salary is Rs. 528540
Saving upto 100,000 are exempted out of which you already claim in PF i.e. 9360 Now you can have savings upto Rs. 90640( Savings may have ULIP, Insurance for Self & Spouse, MF, Other elements which give you exemption under 80 C, 80CC, 10(10(D))) etc.
Hence Net Taxable Salary 437900
You are coming in the bracket of 20% and Taxable Amt. 87580 (p.a.)
Tax Per Month 7298.333
Note (If you have taken any housing loan from any bank then you can save the interest upto Rs. 150,000 also )
Now let me know if wants to know any other thing pertaining to the captioned matted
Pramod S. Bhadauriya
Your Salary Structure -
Basic 375000
HRA 1 50000
Conveyance 9600
Medical 15000
Spl all. 153540
PF (Empl) 9360
LTA 37500
Total CTC 750000
Exemptions
Taxable AmtExempted AmtBasic
375000
0
0
HRA
0
Conveyance
0
9600
9600
Medical
0
15000
15000
Spl all.
153540
0
0
PF (Empl)
9360
LTA
37500
(Only if you cliam it once in two years)
Hence Taxable Salary is Rs. 528540
Saving upto 100,000 are exempted out of which you already claim in PF i.e. 9360 Now you can have savings upto Rs. 90640( Savings may have ULIP, Insurance for Self & Spouse, MF, Other elements which give you exemption under 80 C, 80CC, 10(10(D))) etc.
Hence Net Taxable Salary 437900
You are coming in the bracket of 20% and Taxable Amt. 87580 (p.a.)
Tax Per Month 7298.333
Note (If you have taken any housing loan from any bank then you can save the interest upto Rs. 150,000 also )
Now let me know if wants to know any other thing pertaining to the captioned matted
Pramod S. Bhadauriya
Dear all, with reference to i would like to have an open discussion why people from recruitment background generally not being considered for HR generalist. thnx mujib
From India, Hyderabad
From India, Hyderabad
Hello Chitra,
Firstly very nicely you’ve briefed us about salary process. But I’ve a query in ESI.
According to your information for ESI “SALARY” should be less than 10,000K.If a person is drawing more than 10K then He will not eligible, If I'm not WRONG Please clear my doubt. Awaiting …
From United Kingdom
Firstly very nicely you’ve briefed us about salary process. But I’ve a query in ESI.
According to your information for ESI “SALARY” should be less than 10,000K.If a person is drawing more than 10K then He will not eligible, If I'm not WRONG Please clear my doubt. Awaiting …
From United Kingdom
Good Chitra, You have given a very good explanation. We need such posts by senior or memebers with adequate knowledge. Friends do keep on posting.
From India, Mumbai
From India, Mumbai
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