Salary Structure Format

Hi Guys,

Just for your reference, attached is a sample breakup of salary structures. You can modify it as per your company policies.

Thanks

Attached Files

Sample Salary - 10Lac.xls (36.5 KB, 1539 views)

thanks for ur kind help :-)

hi sumit can u tell me that what is in tax format.
thanks
biji

I am attaching Salary format.
L1 L2 L3 For Employee For Company Basic 35% of CTC 40% of CTC 50% of CTC Taxable Non FBT HRA 65% of Basic 65% of Basic 65% of Basic Taxeble /Non Taxeble Non FBT Medical 1250 1250 1250 Non Taxeble Non FBT transport Allowance 800 800 800 Non Taxeble Non FBT Uniform Reimbursement 2000 1500 1000 Non Taxeble Non FBT Education Allowance 200 200 200 Non Taxeble Non FBT Petrol & Vehicle Maintenance 5000 3000 Nil Non Taxeble FBT 7% Lap Top Rent 1500 1500 1500 Non Taxeble Non FBT Mobile 1200 800 600 Non Taxeble FBT 7% Leave Encashment 4.16% of Basic 4.16% of Basic 4.16% of Basic Taxeble Special Allowance Rest Of the Amount Rest Of the Amount Rest Of the Amount Taxeble Gross Bonus 8.33% of Basic 8.33% of Basic 8.33% of Basic Taxeble ESIC Employer Contribution 4.75% of Gross 4.75% of Gross 4.75% of Gross P.F Employer Contribution 13.5% of Basic 13.5% of Basic 13.5% of Basic Non Taxeble Gratuity 4.16% of Basic 4.16% of Basic 4.16% of Basic Non Taxeble CTC Example:-

L1 L2 L3 For Employee For Company Basic 35% of CTC 40% of CTC 50% of CTC Taxable Non FBT HRA 65% of Basic 65% of Basic 65% of Basic Taxeble /Non Taxeble Non FBT Medical 1250 1250 1250 Non Taxeble Non FBT transport Allowance 800 800 800 Non Taxeble Non FBT Uniform Reimbursement 2000 1500 1000 Non Taxeble Non FBT Education Allowance 200 200 200 Non Taxeble Non FBT Petrol & Vehicle Maintenance 5000 3000 Nil Non Taxeble FBT 7% Lap Top Rent 1500 1500 1500 Non Taxeble Non FBT Mobile 1200 800 600 Non Taxeble FBT 7% Leave Encashment 4.16% of Basic 4.16% of Basic 4.16% of Basic Taxeble Special Allowance Rest Of the Amount Rest Of the Amount Rest Of the Amount Taxeble Gross Bonus 8.33% of Basic 8.33% of Basic 8.33% of Basic Taxeble ESIC Employer Contribution 4.75% of Gross 4.75% of Gross 4.75% of Gross P.F Employer Contribution 13.5% of Basic 13.5% of Basic 13.5% of Basic Non Taxeble Gratuity 4.16% of Basic 4.16% of Basic 4.16% of Basic Non Taxeble CTC Example:-




Basic 17,500 10,000 6,550

HRA 11,375 6,500 1,000

Medical 1,250 1250 0

transport Allowance 800 800 800

Uniform Reimbursement 2,000 1500 0

Education Allowance 200 200 0

Petrol & Vehicle Maintenance 5,000 3000 0

Lap Top Rent 1,500 1500 0

Mobile 1,200 800 0

Leave Encashment 728 416 272

Special Allowance 3,727 -3,681 773

Gross 45,280 22,285 9,396

Bonus 1,458 833 546

ESIC

P.F 2,100 1,200 786

Gratuity 728 416 272

FBT 7% 434 266 0

CTC 50000 25,000 11000

[quote=sumitsaxenagist;536676]Hi Guys,

can fringe benefit tax be specified in the salary slip

Thanks[santhosh]

Hi Guys,

can fringe benefit tax be specified in the salary slip

Thanks[santhosh]

HI sumita

Thanks for sharing it.
i have some specific queries if i get your mail id it will be great my mail ID
and

Rergards
Gopal
9866104552

Hi Thanks a ton.
Can i get your mail id
and

Regards
Gopal

Dear Senior,

Presently working in Oil and Gas Industry seeking detail informations on following-

• Who (which grade of employees) are elligible for Overtime payment.
• Who (which grade of employees) are elligible for Incentives.

As per my knowledge employees who are elligible for Incentives are not elligible for OT Pay and vice versa.

• Please provide me the OT Payment structure as per the statutory norms and general practice in industry.
• Incentive plan calculation and general practice in industry.

Thanking you.