Hi Seniors,
Please let me know how do you handle breakups in general? How much percentage can I allot to each component in CTC? When should I consider Basic/Gross salary while doing these breakups?
What are the steps I need to take in favor of the employee so that he can reduce his tax? I am based in Hyderabad.
For example, if I want to break up a candidate's salary of Rs. 50,000 per month, how can I prepare a breakup?
Thanks in advance.
Regards, Emmanuel Gosula Hyderabad.
"I WILL EITHER FIND A WAY OR MAKE ONE"
From India, Hyderabad
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Please let me know how do you handle breakups in general? How much percentage can I allot to each component in CTC? When should I consider Basic/Gross salary while doing these breakups?
What are the steps I need to take in favor of the employee so that he can reduce his tax? I am based in Hyderabad.
For example, if I want to break up a candidate's salary of Rs. 50,000 per month, how can I prepare a breakup?
Thanks in advance.
Regards, Emmanuel Gosula Hyderabad.
"I WILL EITHER FIND A WAY OR MAKE ONE"
From India, Hyderabad
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Hi, you can do the break up in the following ways: Basic HRA Conveyance LTA Medical Entertainment(Magazine,News Paper) TDS Fixed Deposits P.F Hup this will help u out. Promila
From India, Delhi
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3From India, Delhi
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The important breakups in India are Basic + DA (as per government slot) + HRA 40% + Medical Allowances (Tax Exemption 15000) + LTA (Tax Exemption 15000) + Special Allowances. Deduct 12% PF both employers' and employees' contribution along with professional tax (this is as per government slot). Then show net salary and take-home salary.
Hope this information will help you in preparing the salary structure.
Best regards.
From India, Bangalore
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Hope this information will help you in preparing the salary structure.
Best regards.
From India, Bangalore
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 break ups.xls
CTC-Salary Break Up.pdf