MDSHAFI003
Dear Members.
I have attached a salary slip to this discussion, i want to know that how
the salary break up done? i want to analysis the salary slip?
please help me to understand this salary slip.
thanks
Mohammed Shafi

From India, Bangalore
Attached Files (Download Requires Membership)
File Type: docx salary slip.docx (21.5 KB, 1171 views)

MDSHAFI003
please help to understand this salary structure.. thanks in advance
From India, Bangalore
Attached Files (Download Requires Membership)
File Type: doc salary slip.doc (42.0 KB, 2465 views)

saritamore09
2

Hi

Pl refer this ,i think this will help you to understand.

Part A- Gross Basic mandetory head(40% of Gross for nonmentro city & 50% for metro city) or as per minimum wage act

HRA mandetory head ( min 5% -275 of basic)

Transport All 800 /-monthly- Optional ( maximum tax exmpted amt under this head)

Medical Allowance (as per company policy) 1250/monthly Optional ( maximum tax exmpted amtunder this head)

Child Allowance ( maximum 2 children) 100 /- each for nonhosteOR 300/- each for hostelile- monthly

Food Allowance (as per company policy 1500/- monthly -Optional ( maximum tax exmpted amtunder this head)

Total of A Gross=Total of A

Part B LTA as per company policy Optional -amt According to Company policy.

Bonus as per Act. Optional -According to Company policy.

Total Of B

Employer Contribution,Part C EPF 13.61 % of Basic ( in some orgnaization -13.61 %on celling amount i.e 6500/-=780/-)

ESI = 4.75% on gross (applicable only if gross is less than 15000/- )

Total Of C

CTC per anum ( A+B+C) ( A+B+C)



Employee Deudection PF 12 % of Basic ( in some orgnaization -12%on celling amount i.e 6500/-=780/-)

ESI = 1.75% on gross (applicable only if gross is less than 15000/- )

Income Tax as per TDS act

Prof Tax IF(D15<=5000,0,IF(D15<=10000,175,200))

Total Deduction

Net Take Home(A-Deduction) Net Take Home(A-Deduction)

From India, Pune
madhumathi shankar
1

hello saritamore09 , you have given the calculation but can you tell me for a temporary employee how the salary slip has to be??
From India, New Delhi
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