Hi all, Can you please share the latest Salary breakup in order to set the CTC of the employees in a Fintech startup firm.
From India, Lucknow
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From India, Lucknow
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If the employee's salary falls under the Income Tax bracket, i.e., taxable salary, then the HR should refer to the Income Tax (I.T.) exemptions and their limits. Subsequently, they should calculate the salary breakup under various categories as follows:
1) Basic
2) HRA
3) Conveyance Allowance
4) Medical Allowance
5) Education Allowance
6) Uniform Allowance
7) Laundry Allowance
8) Food Allowance
9) Special/Other Allowances, etc.
From India, Ahmadabad
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7471) Basic
2) HRA
3) Conveyance Allowance
4) Medical Allowance
5) Education Allowance
6) Uniform Allowance
7) Laundry Allowance
8) Food Allowance
9) Special/Other Allowances, etc.
From India, Ahmadabad
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SALARY SHEET CALCULATION.xls
Typical salary breakup.jpg