mail2murugesan.e Started The Discussion:
Dear All, How to calculate Basic Pay, DA, HRA, Conveyance & Other Allowances from Gross Salary of Rs.20,000/-. I want know the correct formulas. Kindly do the needful. Regards Murugesh
Please note, there is no single formula to arrive at Salary Breakup and there are different formulas followed by different organizations, as per their own thinking and convenience. While deciding salary structure one has to remember following points
Also search for previous posts on same subject. There is lot of material already available on citehr.
Thanks & Regards
Thanks for your information.
But I can't able to open this documents.
I don't know the reason. Kindly resend once again or send a mail to -
Dear Mr. Murgesh,
Kindly calculate..the 30% basic in the CTC.
40% HRA in the Baic.
TA deduction (approx 800/month).
PF-12% of Basic.
Bonus - 10% Baic
(I think he/she is not application to ESIC deductions).
Medclaim - as per company agreement with (Insurance commpany).
Other Balance amount to be in special pay.
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