How To Pripare A Pay Slip

Hi Friends,
i want to prepare a pay slip for 30000/- per month
if we take basic around 11000
how much HRA,PF, conveyance,special allowances, medical allowance,professional tax.
can any one plz help me out.
Thank & Regards,
Sudha.

First of all you need to decide you work on CTC Concept or Gross concept.
on that you have a policy stating that on CTC / Gross 30% shall be Basic.
Further, 40% on basic is HRA, conveyance fix it to Rs. 800/- as per the income tax rules. medical allowances can be fixed to Rs. 1250 pm. the residual allowance can be termed as special allowance or other allowance.
PF is 12% of the basic drawn as per statute.profession tax is as per the state govt gazette.
regards,
Viswanath
9246596656

Dear chavakrishnasudha
Why do you want to prepare a 'single' payslip with "basic around 11000" and "for 30000/- per month"??
Unless you disclose the purpose and background of the matter; it would be difficult to get appropriate suggestions.
Regards.

Hi Raj,
Thank u so much for ur reply
actually i want to prepare a pay slip for 30000/-per month
basic 11000 is not compulsary,just i gave an example thats it

Hi,
I am into Recruitments HR Department. I want to know the Volume Hiring Stragety Plan and process for Huge organizations. Please help me out?
Thanks,
Venkat.S

Hi
sorry nishant
actually i am new to this site, i am not under standing how to use this.
just i want to know how to prepare pay slip raj sent the reply but i didnt get proper answer so i want to know very clearly about that.
thats y i asked him to add my so that i can ask my doubts
thanks
krishna