These are the factors: basic — 4000 Hra — -1500 Supp.al — 6500 conv.al — 2500 spl.al — 2500 PF — 500 wat is my take home salary? plz let me know. THANK YOU, tulaci
From India, Hyderabad
Dear Tulaci, Your all Income heads , less PF & P Tax, And your take home salary will be Rs16,520/-
From India, Madras
Dear Mr. krishna,
Apart from the said factors,ther is certain reimbursment(medical-rs 800,communication-rs800).would this be added to my net salary if i claim? bonus is 800.when is bonus paid in general every month? plz clarify.
thank you,
tulaci

From India, Hyderabad
Dear Tulaci,
As you said all components will be like reimbursement ( Medical & Telephone bill- when you submit you bills than it will be reimbursed)
and Bonus will be paid once in a year.
It will not consider in take home salary & it will be vary from one month to another.

From India, Madras
Dear Mr. Krishna, How the take home salary would be 16,520/- The total salary is 17000/- (Less pf 480 + PT as per state rule) Regards, Dinesh
From India, Wardha
basic — 4000 Hra — -1500 Supp.al — 6500 conv.al — 2500 spl.al — 2500 PF — 500 wat is my take home salary? plz let me know. THANK YOU, tulaci
From India, Kakinada
Dear Ms. Tulaci,
Your take home will be your earning minus your deductions. Deductions varies from Comapny to company .
IT deducttion will be as per IT act and meal deduction will be as per your companies rule.
Earnings
Basic 4000
HRA 1500
Supp 6500
Conv 2500
Spec. 2500
17000

Deductions
PF 480
Income Tax as per rule
Meal deductions As per Co. Rule

Take Home 16520

Please deduct Meal from the above TH

From India
I dont understand about Basic - 4000 ?????
If Salary is 17000/-
it is come to 23.5% ????
In my company The Salary Structure is as follows:
Basic 40% of Gross Salary
On Basic Salary : -
HRA 40/50% (according Non Metro/Metro city)
Education & Children Rem. 30%
Conveyance Rem. 25%
Medical/LTA 8.33%
Performance A - Fixed 10%(Montly), B. - Variable - 5%(Annually)
Suppose If Your Salary is 34000
Basic - 13600
HRA - 3400
Field All. 2470
Info.Chi All-2040
Conveyace - 2720
Communication - 500
Medical 1133
LTA 1133
PF 780
Food Coupn...500
Special All 5724
Deducations is : LTA+PF = 1913
Cash in Hand 34000-1913 = 32087
Please comment.........

From India, Jaipur
Mr surendra,
Most companies in india indulge in such things.They want to reduce employer's contribution towards PF.But is it a big deal having reduced PF amount by 200-300rs..? Is this the sole reason for companies to reduce basic amount?
regards
tulaci

From India, Hyderabad
Mr. Uday Thank you for ur Response. I Agree for that most of companies reduce basic. But i just want to know that Is it legal?? Regards SURENDRA SHEKHAWAT
From India, Jaipur

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