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Re: Difference between CTC and Gross

In this, I am having a doubt in the Payroll process. Please clarify. An employee receives a salary of Rs. 10,000 per month (Basic 4000, DA 1500, HRA 1200, Perks 1300, Med Allo 1000, Other Allo 1000). The normal working days are 26 per month. If the employee's working days are 10, we can calculate (10000/26)*10 (assuming no Leave Benefits or other Benefits), correct?

My question is, how do we break up the salary for these 10 days? How do we deduct the LOP amount from the mentioned heads? How much should we take for PF? Can someone clarify, please?

Regards,
Sukumar
9842023923

From India, New Delhi
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Dear Sukumar, FPA for your clarification regards ramesh
From India, Madras
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File Type: xls Salary%20LOP%20Doubt(1).xls (19.5 KB, 823 views)

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Thanks for your Reply Keep touch me sir, 1 more thing I am looking new HR Gen job in Chennai If you come to know pls inform me Regards, Sukumar 9842023923
From India, New Delhi
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I m pursuing my MBA HR 4th Semister . I am searching for internship and were i can completed the internship and continue the job.
From India, Mumbai
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