Hi, Deepa
I think Kamesh has good Knowldege. You Should Confirm whether it is a CTC or Gross Salary. withour provide certian information no one can not fix the heads.
Basic should be less than 50 % of gross salary.
pf 12 % on Basic every one knows it.
HRA has three basic rules.
medical should be less than 1250/- per Month.
Educational Allowance 200/- per month.
local conveyance 800/- per month
With Regards,
Siva
From India, Hyderabad
I think Kamesh has good Knowldege. You Should Confirm whether it is a CTC or Gross Salary. withour provide certian information no one can not fix the heads.
Basic should be less than 50 % of gross salary.
pf 12 % on Basic every one knows it.
HRA has three basic rules.
medical should be less than 1250/- per Month.
Educational Allowance 200/- per month.
local conveyance 800/- per month
With Regards,
Siva
From India, Hyderabad
Dear Deeparani,
Please find attached excel format. this will help you out in calculating salary breakup.
Password: sohum
Thanks and Best Regards,
Sohum
Operations Manager.
Payroll Process outsourcing,
SNEHANK PVT LTD
From India, Mumbai
Please find attached excel format. this will help you out in calculating salary breakup.
Password: sohum
Thanks and Best Regards,
Sohum
Operations Manager.
Payroll Process outsourcing,
SNEHANK PVT LTD
From India, Mumbai
medical should be less than Rs. 4,166/- per Month. Amendment in IT limit: yearly upto 50000 is exempted from tax liability.
From India, Mumbai
From India, Mumbai
Dear All, Please find attached CTC breakup. Hope this will help you out. Thanks and Regards, Sohum Payroll Process consultancy SNEHANK PVT LTD
From India, Mumbai
From India, Mumbai
Dear Sohum
Your protected work-sheets are of no use to any one as the formula bar depicts nothings and how things works out is not clear. It just placing certain amounts in different cells, as shopkeeper keeps different goods in different shelves.
Looks as if you are more interested in selling these sheets than helping people out.
From India, Chandigarh
Your protected work-sheets are of no use to any one as the formula bar depicts nothings and how things works out is not clear. It just placing certain amounts in different cells, as shopkeeper keeps different goods in different shelves.
Looks as if you are more interested in selling these sheets than helping people out.
From India, Chandigarh
Dear Ramaraju,
You have defined certain limits for the allowances to be. But what makes you set these limits is not clear. There must be some logic/law/rule/compulsion behind these limits. one can understand only 12% about EPF.
Please explain.
Ramaraju said:
Basic should be less than 50 % of gross salary.
pf 12 % on Basic every one knows it.
HRA has three basic rules.
medical should be less than 1250/- per Month.
Educational Allowance 200/- per month.
local conveyance 800/- per month
From India, Chandigarh
You have defined certain limits for the allowances to be. But what makes you set these limits is not clear. There must be some logic/law/rule/compulsion behind these limits. one can understand only 12% about EPF.
Please explain.
Ramaraju said:
Basic should be less than 50 % of gross salary.
pf 12 % on Basic every one knows it.
HRA has three basic rules.
medical should be less than 1250/- per Month.
Educational Allowance 200/- per month.
local conveyance 800/- per month
From India, Chandigarh
Dear all Can anyone help me for this issue? company provide special allowance also for the break up of my salary.Is it compulsory to add this along with basic for the PF calculation???
From India, Kottayam
From India, Kottayam
Hello,
I want to make a salary structure with all the calculations shown with CTC of Rs.23,000/-.How to make the salary slip for this.pls help me with all the necessary calculation in the form of Excel sheet.
Regards
Ansuman Mohanty.
From India, Patna
I want to make a salary structure with all the calculations shown with CTC of Rs.23,000/-.How to make the salary slip for this.pls help me with all the necessary calculation in the form of Excel sheet.
Regards
Ansuman Mohanty.
From India, Patna
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.