Dear Seniors,
I am Sangeeta Singh, working as an HR Officer in a Real Estate company. I am currently tasked with preparing the Salary Annexure and Salary Slip for Manager Level with a CTC of 4,20,000. I would greatly appreciate your assistance in understanding the norms related to DA, Education Allowance, Gratuity, Superannuation, and LTA.
Please help me with this matter.
Regards,
Sangeeta Singh
HR Officer
From India, Lucknow
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1I am Sangeeta Singh, working as an HR Officer in a Real Estate company. I am currently tasked with preparing the Salary Annexure and Salary Slip for Manager Level with a CTC of 4,20,000. I would greatly appreciate your assistance in understanding the norms related to DA, Education Allowance, Gratuity, Superannuation, and LTA.
Please help me with this matter.
Regards,
Sangeeta Singh
HR Officer
From India, Lucknow
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Dear Singh, Please find the attached file and hope it will resolve your query.
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Dear Madam, Please find the attached CTC sheet of 4.2 lac for your kind perusal.
From India, Pune
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From India, Pune
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Dear Prashant, Your salary breakup sheet is very useful but i found some extra deduction(pf contribution), please clear this. Thanks and Regards Mahendra Patole
From India, Mumbai
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From India, Mumbai
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Dear Mahendra & babisolmanraju, PF is deducted on Basic Salary i.e. Rs. 14000.00.
From India, Pune
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From India, Pune
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nice work thanks for sharing evan i m good in aspects but formula and all r difficult to calculate its a standard format im planning to use to company
From India, Delhi
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From India, Delhi
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Dear Prashant Ingawale,
Statutory contributions cannot be shown in CTC. Another thing to note is that if it is CTC employer contribution in total along with PF admin exp, it will be 13.61. Kindly correct me.
Hrkpati
From India, Guwahati
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Statutory contributions cannot be shown in CTC. Another thing to note is that if it is CTC employer contribution in total along with PF admin exp, it will be 13.61. Kindly correct me.
Hrkpati
From India, Guwahati
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Structuring salaries is a very difficult process that every HR manager has to go through. The HR managers that I know are uninformed about the technical aspects of salary structures.
Here's a link to the article that I referenced because it is an informative guide explaining all the components of salary and has the compliance guidelines related to the components as well: http://quikchex.in/salary-structures-india-need-know/
From India, Mumbai
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Here's a link to the article that I referenced because it is an informative guide explaining all the components of salary and has the compliance guidelines related to the components as well: http://quikchex.in/salary-structures-india-need-know/
From India, Mumbai
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