pnambiar
Hi,
Could u pls help me with a confusion. I wor in Bangalore. My CTC is 10 lakhs p.a. But my monthly pay slip shows an in hand salary of 83350 (55000 basic, 22000 HRA, 1250 M.A, 800 conveyance and 4300 special allowance) which totals to 10,00200 p.a which is more than 10,00,000 as mentioned in my offer letter. When I went for an interview, the HR manager asked me about this n I don't know the technical side of it. Do I need to check with my employer n ask them to issue me a offer letter with the revised figure. Please help me. The deductions shown in my slip are 6600(PF ) and 6620(IT) and 200(PT).
thank you
P Nambiar

From India, Kannur
bharoos69
Dear Mahesh,
Thanks a lot for your inputs. Are the Stututory Deductions for payroll the latest, you have got ? I thought for ESI deduction for an employee was for a gross salary < 15K p.m Can you pl clarify?
Thanks,
Bharati

From India, Madras
seemaguru-raj
I want to know the bifurcation of salary of Rs. 1,00,000/-

r.dsouza@ stannesfort.com
Dear Sir,
I require to be prepared a salary structure as per the headings mentioned below and also linked with the salary slips please do guide for proper structure of salaries
BASIC +GRADE PAY= BASIC PAY +DA =TOTAL OF BASIC PAY + DA+ HRA+ TA +MEDICAL ALLOWANCE+ CLA+ MGMT. ALLOW. =GROSS SALARY -PF AMOUNT -VOL CONT.- PT DED -INCOME TAX -OTHER DED- NET SALARY WAGES PENSION EPF
Please do help me out to link it with salary slip. Thanking you,
Roger Dsouza

From India, Mumbai
nanu1953
288

For preparing any pay slip there are 3 parts - Earning side, deduction side & net salary. All monthly paid items should be in earning sides including special payment if any in a particular month. All deductions - PF , Voluntarily PF, ITAX, ESIC if any, PTAX, Advance or loan deduction etc. should be at deduction side. Last column will be NET Salary = Total Earning - Total deduction.

S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions
+91 98310 81531

USD HR Solutions – To Strive towards excellence with effort and integrity

From India, New Delhi

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