Hi Guna
Please see below
Basic 4950
HRA 2475
Conv-Allow 500
Med-Allow 800
Spl-Allow 275
Gross 9000
Deductions
PF 594
ESI 158
PT As applicable
Tot. Ded 752+PT
Net 8248-PT as applicable
I think Guna has asked the break up for CTC.. But you are all reply for Gross .. CTC is different from gross...
I dont know am i right or wrong...
Also Basic Calculations vary from Companies to companies... Break Ups Amount
Basic + DA 2700
HRA 900
Other Allowance 650 Gross Salary 4250
Employee's ESI 74
Employee's PF 324 Take Home 3852
Employer's ESI 202
Employer's PF 324 CTC 9026
Seniors please suggest the right answer.....
Hi
I do agree as he asked for CTC. we should make sure as the Basic wages should not be less that Minimum wages. As per my knowledge Nowhere in India Minimum wages is less that 4200 for any category.
Thats perfect. You can even make CTC of Rs 9000/- and the difference of Rs. 184 shall be adjusted into Other Allowance.
So even gross Salary will be reduced
Dear Guna
There is no any fixed percentage to calculate Salary Breakup. Those are just designed to reduce the burden of TDS and should be considered even the statutory accordingly
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