Rajesh Kumar Dubey
Manager - Hr
[email protected]
General Manager (gm)

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An employee with a CTC of 20,000 per month, we need to know what should be the minimum and maximum basic pay calculation and what should be the PF calculation
From India, Chennai
You May Break in to following Parts
a) Basic Salary ( 40 % of CTC) - 8000/-
b) HRA ( 50% of Basic) - 4000/-
c) Other Allow
( CTC -Rest Amount) - 3112
Monthly Gross Salary = 15112
Bonus ( 8.33 % ) of Basic / PM - 667/- ( Annually)
LTA (8.33% ) Of Basic / PM - 667/- ( Annually)
Employee Contribution PF
@ 12% Basic Salary - 960/- PM
Employer Contribution
@ 12 % of Basic Salary - 960/- PM
Medical Reim/ PM - 1250/-PM
Gratuity PM (4.8% ob Basic) - 384/- ( PM Cost But Payable after 05 Years if Separated)
ESI @ 1.75 % for Employee & 4.75 % Employer may be extra on Gross Salary based on company
Criteria & Rules

From India
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