Hi, If i am earning 50k monthly, can i have my salary breakup as........ Basic - 24950 HRA - 18000 medical - 1250 conveyance - 800 pls let me know as we do not have a specific component for hra.
From India, Mumbai
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24From India, Mumbai
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This is the quickest response I have ever received since I have joined citehr. Thank you, folks... :)
Amit, we do not have sp. allowance or any type of allowances. The components I have mentioned are the only ones that exist.
A. Ari, we have been given amounts for medicals as 1250 and conveyance as 800.
However, I need to ask, in case I keep the salary breakup as I have mentioned in my first post, is it not allowed?
From India, Mumbai
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Amit, we do not have sp. allowance or any type of allowances. The components I have mentioned are the only ones that exist.
A. Ari, we have been given amounts for medicals as 1250 and conveyance as 800.
However, I need to ask, in case I keep the salary breakup as I have mentioned in my first post, is it not allowed?
From India, Mumbai
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Hi Ashlesha,
Please go through the web links below where you will find everything you are looking for because we have already discussed the same many times:
- https://www.citehr.com/366072-salary...per-annum.html
- https://www.citehr.com/203574-salary-structure.html
- https://www.citehr.com/100387-whats-...-break-up.html
- https://www.citehr.com/74666-salary-breakup.html
Best of Luck
From India, Gurgaon
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Please go through the web links below where you will find everything you are looking for because we have already discussed the same many times:
- https://www.citehr.com/366072-salary...per-annum.html
- https://www.citehr.com/203574-salary-structure.html
- https://www.citehr.com/100387-whats-...-break-up.html
- https://www.citehr.com/74666-salary-breakup.html
Best of Luck
From India, Gurgaon
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My Director wants a Salary Slip for a take-home salary of 175,000/- per month. Can anyone help me? The company has not deducted anything for Income Tax, Professional Tax, or anything, but he just wants a Salary Slip to show it to some Bank for justifying his demand for a higher credit limit. He already has more than a 5 lakh limit, which he wants to be increased. He spoke to the Bank, and they told him to produce 2 Salary Slips with the exact amount paid/transferred from the Company Account to his Personal Account along with his Bank Statement to prove it. Please help me as I do not know how to prepare it. Thanks.
From India, Bangalore
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From India, Bangalore
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Well it depends and what basic your company are going to pay in your case... ideally it wud be as Basic Salary 3,800 House Rent Allowance 1,520 Conveyance Allowance 800 Special Allowance 1,880 =8000
From India, Gurgaon
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From India, Gurgaon
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Dear Seniors,
Can you please clarify my doubt? If an employee's salary is 5900/-, and the salary is split as 40% or 50% basic, it would be 2360/- or 2950/-. However, according to PF rules, they have mentioned that the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is approximately 5800. What should I do? Please clarify my doubt.
Regards,
Srinivas Jami
From India, Madras
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Can you please clarify my doubt? If an employee's salary is 5900/-, and the salary is split as 40% or 50% basic, it would be 2360/- or 2950/-. However, according to PF rules, they have mentioned that the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is approximately 5800. What should I do? Please clarify my doubt.
Regards,
Srinivas Jami
From India, Madras
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Dear Sir,
The breakup should be as follows:
Basic - 30000/-
HRA - 12000/-
Conveyance - 800/-
Medical Allowance - 1250/-
Telephone Allowance - 1000/-
Educational Cess - 200/-
Other Allowance - 4750/-
Hope this will be suitable.
Thanks & Regards,
Sumit
From India, Ghaziabad
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The breakup should be as follows:
Basic - 30000/-
HRA - 12000/-
Conveyance - 800/-
Medical Allowance - 1250/-
Telephone Allowance - 1000/-
Educational Cess - 200/-
Other Allowance - 4750/-
Hope this will be suitable.
Thanks & Regards,
Sumit
From India, Ghaziabad
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Dear Seniors,
Can you please clarify my doubt? If an employee's salary is 5900/-, and the salary is split like 40% or 50% basic, i.e., 2360/- or 2950/-. However, according to PF rules, the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is around 5800. What should I do? Please clarify my doubt.
Regards,
Srinivas Jami
Dear Srinivas,
Greetings for the day,
It is true that the basic salary should not be less than the minimum wage of the state, on which deduction of EPF should be done. In your case, the PF should be deducted on Rs. 5900/- instead of Rs. 2950 or 2360/-
Thanks & regards,
Sumit Kumar Saxena
9899669071
From India, Ghaziabad
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Can you please clarify my doubt? If an employee's salary is 5900/-, and the salary is split like 40% or 50% basic, i.e., 2360/- or 2950/-. However, according to PF rules, the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is around 5800. What should I do? Please clarify my doubt.
Regards,
Srinivas Jami
Dear Srinivas,
Greetings for the day,
It is true that the basic salary should not be less than the minimum wage of the state, on which deduction of EPF should be done. In your case, the PF should be deducted on Rs. 5900/- instead of Rs. 2950 or 2360/-
Thanks & regards,
Sumit Kumar Saxena
9899669071
From India, Ghaziabad
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If i am earning 50k monthly, can i have my salary breakup as........ Basic - 24950 HRA - 18000 medical - 1250 conveyance - 800 pls let me know as we do not have a specific component for hra.
From India, Hyderabad
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From India, Hyderabad
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Hi Ashlesha,
For 50K, you should split up the salary as given below:
Basic (60%) - 30,000
HRA (20%) - 10,000
Conveyance - 8,000
Medical reimbursement - 2,000
----------
50,000
Note that conveyance and medical benefits are defined by the employer and may vary from one employer to another.
From India, Delhi
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For 50K, you should split up the salary as given below:
Basic (60%) - 30,000
HRA (20%) - 10,000
Conveyance - 8,000
Medical reimbursement - 2,000
----------
50,000
Note that conveyance and medical benefits are defined by the employer and may vary from one employer to another.
From India, Delhi
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