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.
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> basic pay break up calculate basic how to calculate basic income tax Location-India-Madras pay slip salary breakup salary sheet salary structure Complete List Of Categories
Interesting Relevant Discussions