Salary Structuring - CiteHR
Neer300182
Hr, Legal Compliance & Er-ir
Jagruti02
Service

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Dear Friends,
Please help me to bifurcate the salary of Rs.22,700.
How much should be basic, HRA, and other components to be added.
The amount Rs 22700 is net salary and not the ctc.
Kindly let me know the ctc structure too (amount Rs 3,50,592)
Regards,
Jagruti

Dear Ms. Jagruti,
Greetings for the day!!!
pls check the below mentioned percentages for designing salary structure:
Basic = 50% of the salary in metro cities & 40% in non metro cities
HRA = 50% of the Basic salary
Conveyance = 800 per month
Medical Alloawance = 1250 per month
PF : 12% of basic salary
you can also put Special allowance in your salary structure
and pf goes optional if your basic salary is equal to or more than 6500/- then its on the discreation of company to deduct the pf or not as pf contribution includes equal part from company side.


Dear Ms. Jagruti,
Greetings for the day!!!
pls check the below mentioned percentages for designing salary structure:
Basic = 50% of the salary in metro cities & 40% in non metro cities
HRA = 50% of the Basic salary
Conveyance = 800 per month
Medical Alloawance = 1250 per month
PF : 12% of basic salary
you can also put Special allowance in your salary structure
and pf goes optional if your basic salary is equal to or more than 6500/- then its on the discreation of company to deduct the pf or not as pf contribution includes equal part from company side.
Suppose the said salary in your post is for gurgaon then calculation will be like this:
Basic : 9080
HRA : 4540
Medical :1250
Conveyance:800
Allowances (Special and other) :7030

Deductions will be under the following heads:

PF
Tax
LWF
Other If any

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