Particulars Amount Rs. (Per month) Amount Rs. (Per annum)
Basic =B9*35% =B2*12
H R A =B2/2 =B3*12
Conveyance Allowance =IF(B9-(B2+B3)>1600,1600,CB170-(B2+B3)) =B4*12
Medical Allowance =IF(B9-(B2+B3+B4)>1250,1250,B9-(B2+B3+B4)) =B5*12
LTA 4000 =B6*12
Employers' PF Contribution =IF(B2>=15000,1800,IF(B2<15000,B2*12%,0)) =B7*12
Special Allowance =IF(B9>(B2+B3+B4+B5+B6+B7),B9-(B2+B3+B4+B5+B6+B7),0) =B8*12
Total Salary =C9/12 156000
Employee PF Deduction =IF(B2>=15000,1800,IF(B2<15000,B2*12%,0)) =B10*12
Employee ESI Deduction =IF(B9<=21000,B9*1.75%,0) =B11*12
TDS* 0 0
Professional Tax 200 =B13*12
Total Deductions =B13+B11+B10 =B14*12
Net Salary =B9-B14 =C9-C14