PT is Proffessinal Tax deducted slabwise and its conpulsory deduction. It is a Part of CTC. PT slab as follows (on earned gross pay)
upto 5000 - NIL
5000 to 10,000 - 175
Above 10,000 - 200 and 300 in feb month
From India, Mumbai
49upto 5000 - NIL
5000 to 10,000 - 175
Above 10,000 - 200 and 300 in feb month
From India, Mumbai
Hello sir
I want to knw about basic in salary slip.. its depends on company? I mean they can put in salary slip as per they want?? my sal is 16k, but they showing 1000k basic and 15000 HRA in salary slip is it right??
please reply... tks sir
From India, Pune
I want to knw about basic in salary slip.. its depends on company? I mean they can put in salary slip as per they want?? my sal is 16k, but they showing 1000k basic and 15000 HRA in salary slip is it right??
please reply... tks sir
From India, Pune
Hi alll, can anyone share salary break up for CTC 14,000 p.m, please share as per july 2011 Esic n Pf/ Pt slab Govt Rules? Thanks & Regards, vivek kumar
From India, Delhi
From India, Delhi
Dear Sir, My CTC is Rs.402000/= (Inclusive all ) no PF deduction, pl. guide me how can maximum save from I.Iax
From India, Vapi
From India, Vapi
Hi Mr. Anjaneyulu,
Employer's PF Contribution is 13.61 %.
i.e (3.67 % PF + 8.33 % Pension Scheme + 1.10 % Admin charges of PF + 0.5 % Employee deposit link Insurance + 0.01 % Admin charges of EDLI)
Hope this helps.
Regards
K.S. Naresh
From India, Mumbai
Employer's PF Contribution is 13.61 %.
i.e (3.67 % PF + 8.33 % Pension Scheme + 1.10 % Admin charges of PF + 0.5 % Employee deposit link Insurance + 0.01 % Admin charges of EDLI)
Hope this helps.
Regards
K.S. Naresh
From India, Mumbai
Hi Mr. Anjaneyulu,
Employer's PF Contribution is 13.61 %.
i.e (3.67 % PF + 8.33 % Pension Scheme + 1.10 % Admin charges of PF + 0.5 % Employee deposit link Insurance + 0.01 % Admin charges of EDLI)
Hope this helps.
Regards
K.S. Naresh
From India, Mumbai
Employer's PF Contribution is 13.61 %.
i.e (3.67 % PF + 8.33 % Pension Scheme + 1.10 % Admin charges of PF + 0.5 % Employee deposit link Insurance + 0.01 % Admin charges of EDLI)
Hope this helps.
Regards
K.S. Naresh
From India, Mumbai
Dear, Friend
CTC Break-up of 15568
First of all CTC means cost to company.
where CTC apply, means everything include.Only employees pf contribution and others like this PT, TDS, LOAN etc.
Our company(FDY yarn manufacturing) location in Surat(Gujarat)
Our Company break-up like this
IF CTC = 15568
BASIC 50% OF CTC = 7784
HRA 30% OF BASIC = 2335
CON. ALLOW 20% = 1557
SPL. ALLOW. 24.67%= 1920
GROSS SALARY = 13596
BONUS 8.33% = 648
PF(EMPLOYEE)12% =
From India, New Delhi
CTC Break-up of 15568
First of all CTC means cost to company.
where CTC apply, means everything include.Only employees pf contribution and others like this PT, TDS, LOAN etc.
Our company(FDY yarn manufacturing) location in Surat(Gujarat)
Our Company break-up like this
IF CTC = 15568
BASIC 50% OF CTC = 7784
HRA 30% OF BASIC = 2335
CON. ALLOW 20% = 1557
SPL. ALLOW. 24.67%= 1920
GROSS SALARY = 13596
BONUS 8.33% = 648
PF(EMPLOYEE)12% =
From India, New Delhi
Dear Sheetalji
I am mentioning below break up , our company is manufacturer of FDY yarn, Surat(Guj)
CTC 15568
Sr. Particulars Details In Hand Yearly Hand
1 Basic (50%) 7784 7784
2 Hra (30%) 2335 2335
3 Convy (20%) 1557 1557
4 Bonus (8.33%) 648 0
5 P.F (Employer Share)(12%) 934 0
6 Gratuity(5%) 389 0
7 Others Allowance(24.67%) 1920 1920
8 C.T.C 15567 13596
--------------------------------------------------------------------
9 P.F (Employee Share) 934.08
10 Profesional Tax 200
11 ESI NOT HERE 0
12 IF OTHERS DEDU. LIKE TDS, 0
LOAN, LWF
13 In Hand Cash 12462
With regards,
Deepak Kumar
From India, New Delhi
I am mentioning below break up , our company is manufacturer of FDY yarn, Surat(Guj)
CTC 15568
Sr. Particulars Details In Hand Yearly Hand
1 Basic (50%) 7784 7784
2 Hra (30%) 2335 2335
3 Convy (20%) 1557 1557
4 Bonus (8.33%) 648 0
5 P.F (Employer Share)(12%) 934 0
6 Gratuity(5%) 389 0
7 Others Allowance(24.67%) 1920 1920
8 C.T.C 15567 13596
--------------------------------------------------------------------
9 P.F (Employee Share) 934.08
10 Profesional Tax 200
11 ESI NOT HERE 0
12 IF OTHERS DEDU. LIKE TDS, 0
LOAN, LWF
13 In Hand Cash 12462
With regards,
Deepak Kumar
From India, New Delhi
Dear Sheetalji, I am sending one break up- xls file., I hope according this file you can set your company break-up. With regard, Deepak Kumar Assistant-HR
From India, New Delhi
From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Salary Break Up.xlsx
New Comart Salary Break up-Calculator.z ip