Dear All,
I just want to know a standard process of bifergation of One's salary.
Like if one's yearly salary is 2,00,000.
What are the bifergations made n on what basis.
that is how much will be HRA,CCA etc and what other factors in which salary is bifergated.
And what they actually mean like what is HRA /
what is CCA etc with details.
From India, Mumbai
I just want to know a standard process of bifergation of One's salary.
Like if one's yearly salary is 2,00,000.
What are the bifergations made n on what basis.
that is how much will be HRA,CCA etc and what other factors in which salary is bifergated.
And what they actually mean like what is HRA /
what is CCA etc with details.
From India, Mumbai
Ms. Sonali,
I consider 2,00,000/- p.a. as a gross salary, then the breakup could be as follows:
Basic : 8,334.00 (50% of gross salary)
HRA : 3,333.00 (20% of gross salary) - House Rent Allowance
Conveyance : 1,417.00 (10% of gross salary-250)
Spl allowance : 1,667.00 (10% of gross salary)
Other allowance : 1,666.00 (10% of gross salary)
Education : 250.00 (maximum limit)
Gross salary : 16,667.00
CCA - City Compensatory Allowance.
regards,
Giri
Manager - HR
From India, Hyderabad
I consider 2,00,000/- p.a. as a gross salary, then the breakup could be as follows:
Basic : 8,334.00 (50% of gross salary)
HRA : 3,333.00 (20% of gross salary) - House Rent Allowance
Conveyance : 1,417.00 (10% of gross salary-250)
Spl allowance : 1,667.00 (10% of gross salary)
Other allowance : 1,666.00 (10% of gross salary)
Education : 250.00 (maximum limit)
Gross salary : 16,667.00
CCA - City Compensatory Allowance.
regards,
Giri
Manager - HR
From India, Hyderabad
Dear Pradnya, Deduction will be deucted accordingly from CTC ie. PF, ESI, Prof. Tax, Gratuity etc.It will be deucted as per rules of govt. rgds, (RAHUL KUMAR)
From India, Delhi
From India, Delhi
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Salary-Note.doc
SALARY SHEET CALCULATION.xls