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sweety225
2

how an employee salary should be calculated?
On which basis we should calculate HRA and other allowances?
how to deduct and add PF and ESI contibutions?
how to calculate Gross Salary and Annual Salary?
how to measure CTC?
can i expect any salary structures from our buddies..
can anyone help me regarding this issue.. :(
Regards
Sweety :) :)

From India, Coimbatore
mail4arpita
8

Maybe this salary break up calculator can help........i downloaded this calculator from cite hr only....... hope u find it useful.. Arpita
From India, Delhi
Attached Files (Download Requires Membership)
File Type: xls salary_break_up_from_sandeep_167.xls (18.5 KB, 1122 views)

SASHMITA
7

Hi Sweety,
You will get plethora of material on this from cite hr, just try to check the quick search option, or go to downloads and enter the specific search.
I bet that you'll get very relevant material.
:wink: :wink: :wink:

From India, Delhi
pretty_ritcha
sushmita is right wenever u ask any question try to search it before...................i hope all ur queries will be already solved ot before hand by some one else........try to find it in search option type "salary slip" u will get ur answer...........then if u fail to get ...........put ur question forward
i hope u get my point
Thanx
Regards
Ritcha

From India, Calcutta
noorrajak
can any body explain how to develop payroll by using excel and how to connect the data from one sheet from another pls send the formulas
From India, Hyderabad
FastCollab
8

Here are pointers to some of your queries asked:
how an employee salary should be calculated? : Employee salary is a collection of salary components which says earnings as well as deduction. Earning could be Basic, HRA, LTA, Medical Allowance, Performance bonus etc. Deduction could be EPF, Taxes, Insurance etc.
how to measure CTC?: Sum of all the above components is CTC (Cost-to-Company)
On which basis we should calculate HRA and other allowances?: Usually Basic is calculated as 40% or 50% of CTC. And HRA is calculated as 50% of Basic.
For other questions, it is better to take an online Payroll Management System. Working on Manual excel sheets is always prone to mistakes.
Try FastCollab | Marketplace | All-In-One Platform - It also comes with Employee Self Service login to collect:
1. IT Declaration & investment proofs
2. Bank Details
3. Create any kind of salary structures
4. Generate payslips online

From India, Hyderabad
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