HI
I have joined as a Process Trainer in a BPO. I have little confussion in my take home salary. Below mentioned are the pay details. Please help me in understanding my take home.
Offered Pay details
Basic 6170 7
House Rent Allowance 3085
Special Duty Allowance 5985
Bonus 700
Total A 15940
Other Benefits
Conveyance 800
Medical Allowance 1250
LTA 750
Total B 2800
Indirect
Provident Fund 740
Gratuity 297
Total C 1037
Cost To Company (A+B+C) 19777
From India, Bangalore
I have joined as a Process Trainer in a BPO. I have little confussion in my take home salary. Below mentioned are the pay details. Please help me in understanding my take home.
Offered Pay details
Basic 6170 7
House Rent Allowance 3085
Special Duty Allowance 5985
Bonus 700
Total A 15940
Other Benefits
Conveyance 800
Medical Allowance 1250
LTA 750
Total B 2800
Indirect
Provident Fund 740
Gratuity 297
Total C 1037
Cost To Company (A+B+C) 19777
From India, Bangalore
I am shocked to see advices given by Mr.Rudresh, if you people are not knowing abcd..why do you give advice to others???????
1.Please study ESI Act before you say the percentage.
2. Bonus Act
3. There is no clear cut regulation for fixing HRA as mentioned by you.
4. DA & PT are not mandatory for private organisations as mentioned by you.
Sorry for being rude..but be carefull in future.
Regards,
From India, Lucknow
21.Please study ESI Act before you say the percentage.
2. Bonus Act
3. There is no clear cut regulation for fixing HRA as mentioned by you.
4. DA & PT are not mandatory for private organisations as mentioned by you.
Sorry for being rude..but be carefull in future.
Regards,
From India, Lucknow
Suppose you’re your CTC Calculation is 3 lacs P A then your calculation will be as under as per managerial Policy
which is deponds on managerial policy , if your basic salary will be decided Rs 10500/ then your Hra will be calculation 33%
CTC calculation 3 lacs p A
PARTICULARS MONTHLY YEARLY
Basic 1 0500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
Grand Total 20832 0 249984
P F 1260 15120
P Tax 208 2500
Total Deuctions 1468 17620
Bonus 750 9000
L T A 700 8400
soft ware purchase Etc 500 6000
Medical 750 9000
From India, Delhi
which is deponds on managerial policy , if your basic salary will be decided Rs 10500/ then your Hra will be calculation 33%
CTC calculation 3 lacs p A
PARTICULARS MONTHLY YEARLY
Basic 1 0500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
Grand Total 20832 0 249984
P F 1260 15120
P Tax 208 2500
Total Deuctions 1468 17620
Bonus 750 9000
L T A 700 8400
soft ware purchase Etc 500 6000
Medical 750 9000
From India, Delhi
Hi, Ctc includes the Gross salary, Employers, ESI, PF, Bonus and LTA is it right or not any body suggest me Regards, Praveen
From India, Bangalore
From India, Bangalore
PARTICULARS MONTHLY YEARLY
Basic 1 0500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
Grand Total 20832 0 249984
P F 1260 15120
P Tax 208 2500
Total Deuctions 1468 17620
Bonus 750 9000
L T A 700 8400
soft ware purchase Etc 500 6000
Medical 750 9000[/QUOTE]
From India, Delhi
Basic 1 0500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
Grand Total 20832 0 249984
P F 1260 15120
P Tax 208 2500
Total Deuctions 1468 17620
Bonus 750 9000
L T A 700 8400
soft ware purchase Etc 500 6000
Medical 750 9000[/QUOTE]
From India, Delhi
Dear all, Please anybody tel me what is the percentage of Basic fixation as per the act and PF rule. Regards,
From India, Bangalore
From India, Bangalore
Suppose you’re your CTC Calculation is 3 lacs P A then your calculation will be as under as per managerial Policy
which is deponds on managerial policy , if your basic salary will be decided Rs 10500/ then your Hra will be calculation 33%
CTC calculation 3 lacs p A
PARTICULARS MONTHLY YEARLY
Basic 10500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
A Grand Total 20832 0 249984
Statutory Deductions P F 1260 15120
Statutory Deductions P Tax 208 2500
Esic Not Application due excess of 15000 salary
B Total Deuctions 1468 17620
Yearly Allowance Bonus 750 9000
Yearly Allowance L T A 700 8400
Yearly Allowance soft ware purchase Etc 500 6000
Yearly Allowance Medical 750 9000
C 2700 0 32400
A+B+C Grand Total 25000 0 300004
From India, Delhi
which is deponds on managerial policy , if your basic salary will be decided Rs 10500/ then your Hra will be calculation 33%
CTC calculation 3 lacs p A
PARTICULARS MONTHLY YEARLY
Basic 10500 126000
DA 0 0
HRA 3465 41580
Medical Allowance 500 6000
Conveyance Allowance 3167 38004
Spl Allowance 3200 38400
A Grand Total 20832 0 249984
Statutory Deductions P F 1260 15120
Statutory Deductions P Tax 208 2500
Esic Not Application due excess of 15000 salary
B Total Deuctions 1468 17620
Yearly Allowance Bonus 750 9000
Yearly Allowance L T A 700 8400
Yearly Allowance soft ware purchase Etc 500 6000
Yearly Allowance Medical 750 9000
C 2700 0 32400
A+B+C Grand Total 25000 0 300004
From India, Delhi
Dear Ms. Sonali,
Good question by an HR professional. CTC can be differing by Company to Company. Whatever information you have on that your CTC will be as follows
Particulars Amount (PM) Amount (PA)
Basic Salary 9500 114000
HRA (5% of Basic) 475 5700
Gross Salary 9975 119700
PF (12% of 6500) 780 9360
ESIC (Gross * 4.75%) 474 5686
Bonus 700 8400
Gross CTC 11929 143146
Net Salary 8820
Thanks & Regards,
Yogesh Kulkarni
Assistant Manager – HR
Krishidhan Seeds Pvt. Ltd.
Contact No. : +91 98908 45553
Email ID :
From India, Mumbai
Good question by an HR professional. CTC can be differing by Company to Company. Whatever information you have on that your CTC will be as follows
Particulars Amount (PM) Amount (PA)
Basic Salary 9500 114000
HRA (5% of Basic) 475 5700
Gross Salary 9975 119700
PF (12% of 6500) 780 9360
ESIC (Gross * 4.75%) 474 5686
Bonus 700 8400
Gross CTC 11929 143146
Net Salary 8820
Thanks & Regards,
Yogesh Kulkarni
Assistant Manager – HR
Krishidhan Seeds Pvt. Ltd.
Contact No. : +91 98908 45553
Email ID :
From India, Mumbai
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SALARY SHEET CALCULATION.xls
Salary calculation.doc