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Hello...

Can anyone HELP!!!

Below is the monthly salary breakup which I have received with the appointment letter.

There is a differential amount of Rs. 1211.58/- [Rs. 200/- for Professional Tax and rest of amount is Income Tax deduction] between Total CTC [Rs. 19499.58/-] and Gross Salary [Rs. 18288.00/-] which is deducted from Total CTC. Kindly explain the deduction done? Also please give the calculation of income tax deduction.

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Salary Break-Up:-

Basic - 7800.00
Conveyance Allowance - 800.00
HRA - 3900.00
Medical Allowance - 1250.00
Special Allowance - 4246.00
Bonus Monthly - 292.00
EDLIADMINChargesCM - 0.78
ESLIChargesCM - 39.00
EPFER - 936.00
InsuranceCM - 150.00
PFAdminCharges - 85.80

Total CTC = 19499.58
Gross Salary = 18288.00

PF - 936.00

Net Salary = 17352.00

*Income Tax and Professional Tax as applicable will be deducted. All taxes will be deducted as applicable by law.

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Thanks in advance.

Regards / Harshali.

Hi Harshali,
As per the above break up provided gross salary constitutes of the following:-
Additions:
Basic - 7800.00
Conveyance Allowance - 800.00
HRA - 3900.00
Medical Allowance - 1250.00
Special Allowance - 4246.00
Bonus Monthly - 292.00
Total - 18288/-
Deductions:
EDLIADMINChargesCM - 0.78
ESLIChargesCM - 39.00
EPFER - 936.00
InsuranceCM - 150.00
PFAdminCharges - 85.80
Total - 1211.58/-
Take home should ideally be 18288-1211.58-200 = 16876 (If 936 towards PF contribution is included in the CTC then, 936 towards employee's contribution may be deducted from 16876/-)
Hope things are clear, there should not be any IT as per the above break up considering you are a female.
cheers,
aarchs.

Hi Aarchs,
Thanx...
But my take home salary [net salary] is rs.17352.00 and the PF amount of rs.936.00 is deducted from the Gross Salary [18288(GS) - 936(PF) = 17352(NS)].
The differential amount of Rs. 1211.58/- [19499.58(T.CTC) - 18288.00(GS) = 1211.58(DIFF.)]
Jst wanted to know why the deductions are made??
Regards / Harshali K.

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