Basic Salary - 9500 HRA - 475 (5%) PF - 780 (0n 6500) ESI - 180 Bonus- 700 monthly Please tell me CTC calculation & breakup Sonali
From India, Pune
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1From India, Pune
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CTC Calculation Basis
CTC is normally calculated on the following basis:
If Gross is ₹10,000, then the ratio is as follows:
- Basic: 40% of Gross, i.e., ₹4,000
- DA: 20% of Basic, i.e., ₹2,000
- CCA: 20% of Basic, i.e., ₹2,000
- HRA: 10% of DA, i.e., ₹1,000
- TPT: 10% of DA limited to ₹1,000
Regards,
JAIKISHEN KUMTEKAR
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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CTC is normally calculated on the following basis:
If Gross is ₹10,000, then the ratio is as follows:
- Basic: 40% of Gross, i.e., ₹4,000
- DA: 20% of Basic, i.e., ₹2,000
- CCA: 20% of Basic, i.e., ₹2,000
- HRA: 10% of DA, i.e., ₹1,000
- TPT: 10% of DA limited to ₹1,000
Regards,
JAIKISHEN KUMTEKAR
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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CTC Explanation
CTC means Cost to Company, which includes all the costs associated with a position. To arrive at the CTC, you will need to add up all the costs like Gross Salary + Benefits (Medical + LTA + PF + Gratuity accruals + other benefits if any) + Bonus + Incentives. In the case of a new hire, the cost to the company will also include recruitment costs along with the above.
Regards,
From United Arab Emirates, Abu Dhabi
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CTC means Cost to Company, which includes all the costs associated with a position. To arrive at the CTC, you will need to add up all the costs like Gross Salary + Benefits (Medical + LTA + PF + Gratuity accruals + other benefits if any) + Bonus + Incentives. In the case of a new hire, the cost to the company will also include recruitment costs along with the above.
Regards,
From United Arab Emirates, Abu Dhabi
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Based on the components given by you, the breakup would be:
Salary Components Breakdown
Basic - 9500
HRA - 4750 (Generally it's 30% to 50%, but it's never 5%)
Bonus - 700
Gross Salary - 14950
Net Salary - 14950 - 780 - 262 = 13,908/-
Employer's Contribution
ESI - 8520 (annual)
PF - 9360 (annual)
Total: 17880
Annual Salary and CTC
Annual Salary - 179400 (monthly salary * 12 months, 14950 * 12)
Employer contribution - 17880 (PF + ESI)
Annual CTC: 1,97,280/-
Rest it all depends on company to company, the components, the allowances, perks, etc.
From India, Delhi
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Salary Components Breakdown
Basic - 9500
HRA - 4750 (Generally it's 30% to 50%, but it's never 5%)
Bonus - 700
Gross Salary - 14950
Net Salary - 14950 - 780 - 262 = 13,908/-
Employer's Contribution
ESI - 8520 (annual)
PF - 9360 (annual)
Total: 17880
Annual Salary and CTC
Annual Salary - 179400 (monthly salary * 12 months, 14950 * 12)
Employer contribution - 17880 (PF + ESI)
Annual CTC: 1,97,280/-
Rest it all depends on company to company, the components, the allowances, perks, etc.
From India, Delhi
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Dear Sonur,
There are certain criteria set by the Central/State Government that we must adhere to. Additionally, the company has implemented specific policies. While I may not be an expert in this field, I will share what knowledge I have.
CTC Details:
- Basic Salary: 9500
- HRA: 3135 (Basic salary * 33%/100)
- PF: 1140 (12% for employer and employee)
- ESI: 457 (ESI is applicable only for those earning below 20,000 gross salary. The deduction is 4.81% for employees and 5.3% for employers)
- Bonus: Depends on the company's profit
- DA (Dearness Allowance): Mandatory and determined by the state government
- PT (Professional Tax): Mandatory
- LTA: Mandatory
Final Gross (CTC):
There are additional components that need to be considered, and I suggest not finalizing the breakdown without complete information.
If you require a detailed salary breakdown, I can prepare and send it to you. Feel free to contact me with any HR-related queries at any time - [Phone Number Removed For Privacy Reasons].
Regards,
From India, Bangalore
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There are certain criteria set by the Central/State Government that we must adhere to. Additionally, the company has implemented specific policies. While I may not be an expert in this field, I will share what knowledge I have.
CTC Details:
- Basic Salary: 9500
- HRA: 3135 (Basic salary * 33%/100)
- PF: 1140 (12% for employer and employee)
- ESI: 457 (ESI is applicable only for those earning below 20,000 gross salary. The deduction is 4.81% for employees and 5.3% for employers)
- Bonus: Depends on the company's profit
- DA (Dearness Allowance): Mandatory and determined by the state government
- PT (Professional Tax): Mandatory
- LTA: Mandatory
Final Gross (CTC):
There are additional components that need to be considered, and I suggest not finalizing the breakdown without complete information.
If you require a detailed salary breakdown, I can prepare and send it to you. Feel free to contact me with any HR-related queries at any time - [Phone Number Removed For Privacy Reasons].
Regards,
From India, Bangalore
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CTC Calculation and Breakdown
CTC stands for Cost to Company, and it is variable as per company policies. Based on the components given by you, the CTC would be as follows:
- Basic Salary: 9500
- HRA: 4750 (50%) (It should be 35%-50% of your Basic)
Monthly Gross Salary (A)
- 14250
Additional Components
- Employer's contribution to PF: 780 (on 6500)
- Employer Contribution to ESI: 677 (4.75% of 14250)
- Bonus: 700
Total Components (B)
- 2157
CTC A+B = 14250 + 2157 = 16407
Monthly In-hand Salary
- Gross salary - monthly deductions
- 14250 - 780 (Employee's PF) - 250 (Employee's ESI)
- 13220
Depending on company policy, if the company pays a bonus on a monthly basis, please add the same to the monthly gross salary and recalculate accordingly.
Thanks & regards,
Roopa Mehra
Asst. Manager- HR
From India, Gurgaon
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CTC stands for Cost to Company, and it is variable as per company policies. Based on the components given by you, the CTC would be as follows:
- Basic Salary: 9500
- HRA: 4750 (50%) (It should be 35%-50% of your Basic)
Monthly Gross Salary (A)
- 14250
Additional Components
- Employer's contribution to PF: 780 (on 6500)
- Employer Contribution to ESI: 677 (4.75% of 14250)
- Bonus: 700
Total Components (B)
- 2157
CTC A+B = 14250 + 2157 = 16407
Monthly In-hand Salary
- Gross salary - monthly deductions
- 14250 - 780 (Employee's PF) - 250 (Employee's ESI)
- 13220
Depending on company policy, if the company pays a bonus on a monthly basis, please add the same to the monthly gross salary and recalculate accordingly.
Thanks & regards,
Roopa Mehra
Asst. Manager- HR
From India, Gurgaon
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Hello, I joined a software MNC in Mumbai and have a query regarding the restructuring of my salary. Since my company is an LLC type company, they are offering me the option of either keeping my PF component in my salary or withdrawing the same. In case I opt for withdrawal, I would receive the company's PF contribution amount added to my take-home salary. So, I am in a bit of a dilemma about whether I should go for the withdrawal of my PF amount in my monthly salary or opt for PF.
Moreover, as I work in an IT company, I would like to know if the PF component is not included in the salary structure, would that be considered a similar profile to contractual employment. (Note: I am appointed for permanent full-time employment criteria.)
Please guide me ASAP. Thanks in advance
From India, Mumbai
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Moreover, as I work in an IT company, I would like to know if the PF component is not included in the salary structure, would that be considered a similar profile to contractual employment. (Note: I am appointed for permanent full-time employment criteria.)
Please guide me ASAP. Thanks in advance
From India, Mumbai
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If your company strenth is 20 or above, all should be covered under PF. It is a tax saving instrument and carry attractive interest rate. It is a long time saving scheme. Opt for PF coverage. Pon
From India, Lucknow
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From India, Lucknow
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ctc is calculated on the annual salary+ 2 months extra salary it can vary from place to place
From India, Delhi
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From India, Delhi
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Salary Components and CTC Calculation
- Basic: 6500
- HRA: 3250 (40-60% of basic)
- CCA: 650 (10% of basic)
- Bonus: 480
- Mobile: 350
- Cony
- Adhoc: 3560
- M Gross: 14790
- LTA
- Med/ESI: 702 (4.75% of M Gross) - Employer's contribution
- Bonus
- Co's PF: 780
- A.M.G.: 16272 (CTC)
- A.G.: 195264
PF: 780 (12% of basic)
ESIC: 258 (1.75% of M Gross) - employee's contribution
PT
Take Home (in hand): 13752
From India, Gurgaon
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- Basic: 6500
- HRA: 3250 (40-60% of basic)
- CCA: 650 (10% of basic)
- Bonus: 480
- Mobile: 350
- Cony
- Adhoc: 3560
- M Gross: 14790
- LTA
- Med/ESI: 702 (4.75% of M Gross) - Employer's contribution
- Bonus
- Co's PF: 780
- A.M.G.: 16272 (CTC)
- A.G.: 195264
PF: 780 (12% of basic)
ESIC: 258 (1.75% of M Gross) - employee's contribution
PT
Take Home (in hand): 13752
From India, Gurgaon
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CTC Calculation for Employees
Your question is about how to fix CTC for an employee. Please note that CTC means Cost to Company.
Generally, the CTC will be fixed only if the salary range is large, like 10/12/18 lakhs, to overcome the burden of income tax and show the components as fringe benefits.
In your case, the salary range is very low, and you can fix it like this:
Name:
Date of Joining:
Designation:
1 | Basic + DA | 9500 | 114000
2 | HRA | 475 | 5700
3 | Other Allowance (Bonus) | 700 | 8400
Sub Total A
10675 | 128100
1 | PF | 780 | 9360
2 | ESIC | 507 | 6084
3 | Gratuity | 456 | 5472
Sub Total B
1743 | 20916
Please note that all taxes, present and future, are to be borne by you. Benefits are to be claimed as per the company policy and procedure. Gratuity will be paid as per the provisions of the Payment of Gratuity Act.
Any help from my side, please do write to me.
Regards,
Malathesha K S
Triveni Aeronautics Pvt Ltd.
From India, Bangalore
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Your question is about how to fix CTC for an employee. Please note that CTC means Cost to Company.
Generally, the CTC will be fixed only if the salary range is large, like 10/12/18 lakhs, to overcome the burden of income tax and show the components as fringe benefits.
In your case, the salary range is very low, and you can fix it like this:
ANNEXURE - A
Name:
Date of Joining:
Designation:
Salary and Benefits Details
Monthly Benefits - A
S.N | Description | Monthly Rs. | Annual Rs.
1 | Basic + DA | 9500 | 114000
2 | HRA | 475 | 5700
3 | Other Allowance (Bonus) | 700 | 8400
Sub Total A
10675 | 128100
Annual Benefits - B
1 | PF | 780 | 9360
2 | ESIC | 507 | 6084
3 | Gratuity | 456 | 5472
Sub Total B
1743 | 20916
Cost to Company (A+B)
12418 | 149016 Please note that all taxes, present and future, are to be borne by you. Benefits are to be claimed as per the company policy and procedure. Gratuity will be paid as per the provisions of the Payment of Gratuity Act.
Any help from my side, please do write to me.
Regards,
Malathesha K S
Triveni Aeronautics Pvt Ltd.
From India, Bangalore
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Ya! The company's strength is between 150-200. Usually, the Ltd companies in India have PF as a mandatory component, but since it is an LLC company, it is providing the option of PF withdrawal. Regarding the interest rate, if we withdraw the amount, we can invest in areas where we can get higher returns. But my major concern was about the profile value - "does PF mean that a person is in permanent employment type"?
Regards
From India, Mumbai
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Regards
From India, Mumbai
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pon1965 plz revert me on it asap..... Views from others are also most welcome .... do revert me ASAP as i need to settle this out today itslef... Thanks in advance :)
From India, Mumbai
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From India, Mumbai
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Yes! The company's strength is between 150-200 employees. Usually, limited companies in India have Provident Fund (PF) as a mandatory component, but since it is an LLC company, it is providing the option of PF withdrawal. Regarding the interest rate, if we withdraw the amount, we can invest in areas where we can get higher returns. However, my main concern is about the profile value - does PF imply that a person is in permanent employment?
Limited Liability Companies and Provident Fund
Limited Liability Companies (LLCs), like Pvt Ltd companies, are also covered under PF. I believe your company may be avoiding its statutory obligation. If you become a member of the PF, employer contributions will also be made. My suggestion is to join as a PF member. The decision is yours to make.
Regards,
Pon
From India, Lucknow
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Limited Liability Companies and Provident Fund
Limited Liability Companies (LLCs), like Pvt Ltd companies, are also covered under PF. I believe your company may be avoiding its statutory obligation. If you become a member of the PF, employer contributions will also be made. My suggestion is to join as a PF member. The decision is yours to make.
Regards,
Pon
From India, Lucknow
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Sir, as previously mentioned, the company would add the company's PF contribution amount to my take-home pay if I don't opt for the PF component. My only concern was whether my employment type would hold the same value as contractual employment in case the PF component is not included in the salary structure.
Differences Between Contractual and Permanent Employee Salary Structures
In short, what are the components that differentiate a contractual employee's salary structure from that of permanent employees?
From India, Mumbai
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Differences Between Contractual and Permanent Employee Salary Structures
In short, what are the components that differentiate a contractual employee's salary structure from that of permanent employees?
From India, Mumbai
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the calucation ranges from company to company the basic may be 45%,50% or60% and so. it depends on the standing orders of the company
From India, Chennai
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From India, Chennai
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Dear all, you have explored the matter in depth. However, I would like to add some facts: payment of bonus depends on the company's financial position. Nevertheless, the bonus should be paid at a minimum rate of 8.33% on the basic salary as per the Bonus Act.
ESIC rates come into effect on a state-to-state basis. For example, in Madhya Pradesh, it is 1.75% on the gross salary for the employee and 4.75% for the employer.
Thanks,
DEVENDRA
From India, Indore
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ESIC rates come into effect on a state-to-state basis. For example, in Madhya Pradesh, it is 1.75% on the gross salary for the employee and 4.75% for the employer.
Thanks,
DEVENDRA
From India, Indore
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I have joined as a Process Trainer in a BPO. I have a little confusion about my take-home salary. Below are the pay details. Please help me understand my take-home.
Offered Pay Details:
- Basic: 6170
- House Rent Allowance: 3085
- Special Duty Allowance: 5985
- Bonus: 700
Total A: 15940
Other Benefits:
- Conveyance: 800
- Medical Allowance: 1250
- LTA: 750
Total B: 2800
Indirect:
- Provident Fund: 740
- Gratuity: 297
Total C: 1037
Cost To Company (A+B+C): 19777
I hope this breakdown clarifies your take-home salary. Let me know if you need further assistance.
From India, Bangalore
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Offered Pay Details:
- Basic: 6170
- House Rent Allowance: 3085
- Special Duty Allowance: 5985
- Bonus: 700
Total A: 15940
Other Benefits:
- Conveyance: 800
- Medical Allowance: 1250
- LTA: 750
Total B: 2800
Indirect:
- Provident Fund: 740
- Gratuity: 297
Total C: 1037
Cost To Company (A+B+C): 19777
I hope this breakdown clarifies your take-home salary. Let me know if you need further assistance.
From India, Bangalore
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I am shocked to see the advice given by Mr. Rudresh. If you people do not know the basics, why do you give advice to others?
1. Please study the ESI Act before you mention any percentages.
2. Bonus Act.
3. There is no clear-cut regulation for fixing HRA, as mentioned by you.
4. DA and PT are not mandatory for private organizations, as mentioned by you.
Sorry for being rude, but please be careful in the future.
Regards,
From India, New+Delhi
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1. Please study the ESI Act before you mention any percentages.
2. Bonus Act.
3. There is no clear-cut regulation for fixing HRA, as mentioned by you.
4. DA and PT are not mandatory for private organizations, as mentioned by you.
Sorry for being rude, but please be careful in the future.
Regards,
From India, New+Delhi
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Aveluri, How recruitment coat can be taken as CTC of the employee?? It is overheads of the company. Pon
From India, Lucknow
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From India, Lucknow
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Suppose your CTC calculation is 3 lacs PA, then your calculation will be as per managerial policy, which depends on managerial policy. If your basic salary is decided as Rs 10,500, then your HRA will be calculated at 33%.
CTC Calculation: 3 Lacs PA
PARTICULARS MONTHLY YEARLY
Basic 10,500 126,000
DA 0 0
HRA 3,465 41,580
Medical Allowance 500 6,000
Conveyance Allowance 3,167 38,004
Special Allowance 3,200 38,400
Grand Total 20,832 249,984
P F 1,260 15,120
P Tax 208 2,500
Total Deductions 1,468 17,620
Bonus 750 9,000
L T A 700 8,400
Software Purchase, etc 500 6,000
Medical 750 9,000
From India, Delhi
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CTC Calculation: 3 Lacs PA
PARTICULARS MONTHLY YEARLY
Basic 10,500 126,000
DA 0 0
HRA 3,465 41,580
Medical Allowance 500 6,000
Conveyance Allowance 3,167 38,004
Special Allowance 3,200 38,400
Grand Total 20,832 249,984
P F 1,260 15,120
P Tax 208 2,500
Total Deductions 1,468 17,620
Bonus 750 9,000
L T A 700 8,400
Software Purchase, etc 500 6,000
Medical 750 9,000
From India, Delhi
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Hi, Ctc includes the Gross salary, Employers, ESI, PF, Bonus and LTA is it right or not any body suggest me Regards, Praveen
From India, Bangalore
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From India, Bangalore
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Salary Components Breakdown
- **Basic Salary:** Monthly: 10,500 | Yearly: 126,000
- **Dearness Allowance (DA):** Monthly: 0 | Yearly: 0
- **House Rent Allowance (HRA):** Monthly: 3,465 | Yearly: 41,580
- **Medical Allowance:** Monthly: 500 | Yearly: 6,000
- **Conveyance Allowance:** Monthly: 3,167 | Yearly: 38,004
- **Special Allowance:** Monthly: 3,200 | Yearly: 38,400
- **Grand Total:** Monthly: 20,832 | Yearly: 249,984
Deductions
- **Provident Fund (PF):** Monthly: 1,260 | Yearly: 15,120
- **Professional Tax (P Tax):** Monthly: 208 | Yearly: 2,500
- **Total Deductions:** Monthly: 1,468 | Yearly: 17,620
Additional Benefits
- **Bonus:** Monthly: 750 | Yearly: 9,000
- **Leave Travel Allowance (LTA):** Monthly: 700 | Yearly: 8,400
- **Software Purchase, etc.:** Monthly: 500 | Yearly: 6,000
- **Medical:** Monthly: 750 | Yearly: 9,000
From India, Delhi
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- **Basic Salary:** Monthly: 10,500 | Yearly: 126,000
- **Dearness Allowance (DA):** Monthly: 0 | Yearly: 0
- **House Rent Allowance (HRA):** Monthly: 3,465 | Yearly: 41,580
- **Medical Allowance:** Monthly: 500 | Yearly: 6,000
- **Conveyance Allowance:** Monthly: 3,167 | Yearly: 38,004
- **Special Allowance:** Monthly: 3,200 | Yearly: 38,400
- **Grand Total:** Monthly: 20,832 | Yearly: 249,984
Deductions
- **Provident Fund (PF):** Monthly: 1,260 | Yearly: 15,120
- **Professional Tax (P Tax):** Monthly: 208 | Yearly: 2,500
- **Total Deductions:** Monthly: 1,468 | Yearly: 17,620
Additional Benefits
- **Bonus:** Monthly: 750 | Yearly: 9,000
- **Leave Travel Allowance (LTA):** Monthly: 700 | Yearly: 8,400
- **Software Purchase, etc.:** Monthly: 500 | Yearly: 6,000
- **Medical:** Monthly: 750 | Yearly: 9,000
From India, Delhi
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Dear all, Please anybody tel me what is the percentage of Basic fixation as per the act and PF rule. Regards,
From India, Bangalore
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From India, Bangalore
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Suppose your CTC Calculation is 3 lacs per annum, then your calculation will be as follows as per managerial policy, which depends on managerial policy. If your basic salary is decided as Rs 10,500, then your HRA will be calculated at 33%.
CTC Calculation
- CTC Calculation: 3 lacs per annum
PARTICULARS
- Monthly | Yearly
- Basic: 10,500 | 126,000
- DA: 0 | 0
- HRA: 3,465 | 41,580
- Medical Allowance: 500 | 6,000
- Conveyance Allowance: 3,167 | 38,004
- Special Allowance: 3,200 | 38,400
[A] Grand Total: 20,832 | 249,984
Statutory Deductions
- PF: 1,260 | 15,120
- P Tax: 208 | 2,500
- ESIC: Not applicable due to excess of 15,000 salary
Total Deductions
B Total Deductions: 1,468 | 17,620
Yearly Allowance
- Bonus: 750 | 9,000
- LTA: 700 | 8,400
- Software Purchase, etc.: 500 | 6,000
- Medical: 750 | 9,000
[C] Total: 2,700 | 32,400
[A+B+C] Grand Total: 25,000 | 300,004
From India, Delhi
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CTC Calculation
- CTC Calculation: 3 lacs per annum
PARTICULARS
- Monthly | Yearly
- Basic: 10,500 | 126,000
- DA: 0 | 0
- HRA: 3,465 | 41,580
- Medical Allowance: 500 | 6,000
- Conveyance Allowance: 3,167 | 38,004
- Special Allowance: 3,200 | 38,400
[A] Grand Total: 20,832 | 249,984
Statutory Deductions
- PF: 1,260 | 15,120
- P Tax: 208 | 2,500
- ESIC: Not applicable due to excess of 15,000 salary
Total Deductions
B Total Deductions: 1,468 | 17,620
Yearly Allowance
- Bonus: 750 | 9,000
- LTA: 700 | 8,400
- Software Purchase, etc.: 500 | 6,000
- Medical: 750 | 9,000
[C] Total: 2,700 | 32,400
[A+B+C] Grand Total: 25,000 | 300,004
From India, Delhi
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CTC Breakdown and Calculation
Good question from an HR professional. CTC can vary from company to company. The breakdown of your CTC will be as follows:
Particulars | Amount (PM) | Amount (PA)
---|---|---
Basic Salary | 9500 | 114000
HRA (5% of Basic) | 475 | 5700
Gross Salary | 9975 | 119700
PF (12% of 6500) | 780 | 9360
ESIC (Gross * 4.75%) | 474 | 5686
Bonus | 700 | 8400
Gross CTC | 11929 | 143146
Net Salary | 8820
Regards,
Yogesh Kulkarni
Assistant Manager - HR
Krishidhan Seeds Pvt. Ltd.
Contact No.: [Phone Number Removed For Privacy Reasons]
Email ID: [Email Removed For Privacy Reasons]
From India, Mumbai
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Good question from an HR professional. CTC can vary from company to company. The breakdown of your CTC will be as follows:
Particulars | Amount (PM) | Amount (PA)
---|---|---
Basic Salary | 9500 | 114000
HRA (5% of Basic) | 475 | 5700
Gross Salary | 9975 | 119700
PF (12% of 6500) | 780 | 9360
ESIC (Gross * 4.75%) | 474 | 5686
Bonus | 700 | 8400
Gross CTC | 11929 | 143146
Net Salary | 8820
Regards,
Yogesh Kulkarni
Assistant Manager - HR
Krishidhan Seeds Pvt. Ltd.
Contact No.: [Phone Number Removed For Privacy Reasons]
Email ID: [Email Removed For Privacy Reasons]
From India, Mumbai
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I am working as an HR professional in a newly started organization. Currently, around 20 employees are working here. My question is, as of now, there is no breakdown for employees. How long can I continue this practice? Can you help me with the procedures for creating a breakdown for employees?
From India, Madras
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From India, Madras
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dear all, any bdy can explain the CTC calculation (per.of diffrent allow.) is the same for all grades. Regards, sandeep
From India, Mumbai
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From India, Mumbai
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Hi All, I am working as a Process Trainer in a BPO. I have a little confusion about my take-home salary. Below, I am mentioning my pay details. Can anyone help me understand my take-home?
Direct
Basic: 6170
House Rent Allowance: 3085
Special Duty Allowance: 5985
Bonus: 700
Total A: 15940
Other Benefits
Conveyance: 800
Medical Allowance: 1250
LTA: 750
Total B: 2800
Indirect
Provident Fund: 740
Gratuity: 297
Total C: 1037
Cost To Company (A+B+C): 19777
Thanks & Regards,
Manjusha
From India, Bangalore
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Direct
Basic: 6170
House Rent Allowance: 3085
Special Duty Allowance: 5985
Bonus: 700
Total A: 15940
Other Benefits
Conveyance: 800
Medical Allowance: 1250
LTA: 750
Total B: 2800
Indirect
Provident Fund: 740
Gratuity: 297
Total C: 1037
Cost To Company (A+B+C): 19777
Thanks & Regards,
Manjusha
From India, Bangalore
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CTC calculation Gross Salary+Employer ESI&PF+Bonus+Lta = CTC Ex: Gross Salary 15000 ESI 000 PF 780 Bonus 3500 LTA 542 CTC 19822
From India, Bangalore
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From India, Bangalore
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CTC Calculation
Components | Salary in (Rs.)
--- | ---
Monthly Emoluments | Per Month | Per Annum
Basic | 9500.00 | 114000.00
HRA (5% of Basic) | 475.00 | 5700.00
Total A | 9975.00 | 119700.00
Annual Benefits
Bonus | 700.00 | 8400.00
Total B | 700.00 | 8400.00
Retirement Benefits
Provident Fund @ 12% on Rs. 6500/- | 780.00 | 9360.00
Gratuity @ 4.80% of Basic | 456.00 | 5472.00
Total C | 1236.00 | 14832.00
Other Benefits
ESIC @ 4.75% of Total A | 473.81 | 5685.75
Total D | 473.81 | 5685.75
Grand Total (A+B+C+D) | 12384.81 | 148617.75
Note: Statutory deductions as per rules.
Regards,
Yogesh Kulkarni
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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Components | Salary in (Rs.)
--- | ---
Monthly Emoluments | Per Month | Per Annum
Basic | 9500.00 | 114000.00
HRA (5% of Basic) | 475.00 | 5700.00
Total A | 9975.00 | 119700.00
Annual Benefits
Bonus | 700.00 | 8400.00
Total B | 700.00 | 8400.00
Retirement Benefits
Provident Fund @ 12% on Rs. 6500/- | 780.00 | 9360.00
Gratuity @ 4.80% of Basic | 456.00 | 5472.00
Total C | 1236.00 | 14832.00
Other Benefits
ESIC @ 4.75% of Total A | 473.81 | 5685.75
Total D | 473.81 | 5685.75
Grand Total (A+B+C+D) | 12384.81 | 148617.75
Note: Statutory deductions as per rules.
Regards,
Yogesh Kulkarni
[Phone Number Removed For Privacy Reasons]
From India, Mumbai
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Dear All, Please let me know How to calculate 1. Basic 2. HRA 3. SPA 4. Conveyance ???????????? I know only Take Home salary..... Please reply ASAP... Thanks & Regards Abhishek KN
From India, Raipur
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From India, Raipur
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Dear members Can any one suggest me pay structure for 30lakhs ctc annually
From India, Chennai
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From India, Chennai
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360000 is yearly ctc. how to make parts this in basic, hra, convience,other allowance or DA, PF, ESI.
From India, Gurgaon
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From India, Gurgaon
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I am a beginner. Ex Gross 19000 Basic 9500 HRA 4750 PF 1140 ESIC 903 Bonus 700 Gross 16993 EPF 1140 EESIC 333 Tot. Deduction 1473 Take Home 15520 CTC 18465
From India, Hyderabad
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From India, Hyderabad
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
SALARY SHEET CALCULATION.xls
Salary calculation.doc