Pls. share how should I calculate Gross monthly break up for CTC 3.7 lacs. What will be the Net Salary offered to employee?
From India, Pune
From India, Pune
Monthly Monthly Annual
Basic 7,500 90,000
House Rent Allowance 3,750 45,000
Education Allowance 300 3,600 As per coppany policy
Conveyance Allowance 1,600 19,200 As per Company Policy
Medical Allowance 425 5,100 As per company policy
Personal Allowance 9,200 110,400
TOTAL (1) 23,375 280,500
Annual Benefits
Provident Fund 900 10,800
Bonus/ Ex-gratia 1465 17580
TOTAL (2) 1,625 19,500
TOTAL (1 + 2 ) 25,000 300,000
From India, Mumbai
1Basic 7,500 90,000
House Rent Allowance 3,750 45,000
Education Allowance 300 3,600 As per coppany policy
Conveyance Allowance 1,600 19,200 As per Company Policy
Medical Allowance 425 5,100 As per company policy
Personal Allowance 9,200 110,400
TOTAL (1) 23,375 280,500
Annual Benefits
Provident Fund 900 10,800
Bonus/ Ex-gratia 1465 17580
TOTAL (2) 1,625 19,500
TOTAL (1 + 2 ) 25,000 300,000
From India, Mumbai
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Salary-Note.doc
SALARY SHEET CALCULATION.xls