Can anyone send me the salary breakup for 7.40 lac per year. Components will be baisc, HRA, Transport and bonus. only PF DEDUCTIONS
From India, New Delhi
From India, New Delhi
BASIC= 3,70,000 P.A (30,834 P.M) HRA= 1,85,000 P.A (15417 P.M) CONVEYANCE= 9600 P.A (800 P.M) BONUS= 30821 P.A (2569 P.M) PF DEDUCTION= (1800X12= 21600 P.A) (1800 P.M)
From India, Roorkee
1From India, Roorkee
Please find the attach Salary Break Up Format you can change as per your company policy
From India, New Delhi
From India, New Delhi
We are following this policy
CTC 7,40,000 61,667
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Pet Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI(Employer's Share @ 3.25% ) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total(A+e+f+g) 7,40,000 61,667
Jawahar Lal Moondra
9829 028 028
From India, Jodhpur
CTC 7,40,000 61,667
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Pet Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI(Employer's Share @ 3.25% ) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total(A+e+f+g) 7,40,000 61,667
Jawahar Lal Moondra
9829 028 028
From India, Jodhpur
Aakash ji
The calculation is perfectly correct and in compliance of the statutory requirement -
1. The PF contribution has been considered on Rs. 15,000/- p.m. salary only
2. The bonus has also been considered on Rs. 15,000/- p.m. salary only
CTC 7,40,000 61,667
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Pet Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI(Employer's Share @ 3.25% ) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total(A+e+f+g) 7,40,000 61,667
Hope the matter shall get stand clear.
Thanks and Regards
Jawaharlal Moondra
9829 028 028
From India, Jodhpur
The calculation is perfectly correct and in compliance of the statutory requirement -
1. The PF contribution has been considered on Rs. 15,000/- p.m. salary only
2. The bonus has also been considered on Rs. 15,000/- p.m. salary only
CTC 7,40,000 61,667
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Pet Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI(Employer's Share @ 3.25% ) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total(A+e+f+g) 7,40,000 61,667
Hope the matter shall get stand clear.
Thanks and Regards
Jawaharlal Moondra
9829 028 028
From India, Jodhpur
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