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Hi All, Find the attached formats of Promotion, Increment Letters and salary slip calculations. Hope they would be helpful to all. Regards Pradeep

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File Type: doc Increment Letter.doc (26.0 KB, 19232 views)
File Type: doc promotion Letter.doc (26.0 KB, 7915 views)
File Type: xls Salary Slip Calculations.xls (33.5 KB, 14078 views)

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Hi friends, can anyone please explain this salary components that how it as been bifurcation. This is very important, previously I have posted this on this site but didn't get any reply. Hoping for reply this time. Thank You.

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File Type: jpg salary slip.jpg (4.36 MB, 601 views)

In reply to your query based on my understanding, I would like to mention that bifurcation of Salary, concept of CTC varying from organisation to organisation. Moreover, CTC has not been defined by any legal authority. In your data it appears that CTC is 18,000/-. Basic is 50% of CTC( 9000/-) , Monthly grossis 16,920/- with different allowances and only deduction is PF. What about deduction of ESI & PTAX if applicable ( monthly gross salary is within ESI gross limit ). Calculation is ok and net salary after deduction of PF only is also ok. In CTC what about statutory Bonus, Gratuity etc.considered by majority company!
If your query is anything other than as explained aforesaid - then it is different.
Thanks & Regards,
S K Bandyopadhyay
USD HR Solutions
+91 98310 81531
if My salary is 20000/-
Then how to calcultate with % as per rule of HR pls, be explain
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