Salary Structure, - Xls Download

hi,
I am working as HR in electrical company, im new in this industry
I want to prepare salary structure for an Engineer whose gross Salary 25000/-
I'm confuse because our consultant provide me different structure,
So pls suggest me the salary structure,
Regards
Anjali

Dear Anjali
Refere the min wages act uare maintaing wrong salary structure, if u need any calrifications can contact, if u are in Hyd will visit u r office will guide
Lakshmi
9866917232

Dear all,
our consultant provide me following structure
Is it right??
Pls provide ur comment
Sr. No. Description Amount
Monthly Payment
1 Basic Wages 5800.00
2 Special Allowances 1004.40
A Total 6804.40
3 House Rent Allowances 5% 340
4 Conveyance 1500.00
5 Travelling Allowance 7500.00
6 Other Allowances 8855.00
B Total 25000
Statutory Deduction
1 Provident Fund (@12% ) 817
2 E S I C (@1.75%) Insurance 437
3 Labour Welfare Fund 4.00
4 Professional Tax 200.00
C Total 1458.02
Net Monthaly Payment 23542
Statutory Payment
1 Provident Fund (@13.61% ) 926.08
2 E S I C (@4.75%) Insurance 1187.48
3 Labour Welfare Fund 6.00
D Total 2120
Net Annual Payment
1 Bonus 8.33% 0.00
E Total 0.00
1 Leave Wages 0.00
Gratuity 0.00
F Total 0.00
Direct Cost To Company
Uniform, Shoes 0.00
CTC 27119.18

Anjali,
In the beginning you are writting Gross salary 25000/- now your consultant it is showing 27119.18 pl check and revert.

correct dinshan. Actually Gross 25,000 and nett salary comes 23542 . But CTC comes 27119.18. It's ok. CTC means all expenses to that employees.

hi,
yes you are right, gross salary is 25000/-.
basic and special allowances is as per minimum wages act.
But , request to all, please suggest me salary structure,
I'm confused about Statutory deduction provided by our consultant .
Regards'
Anjali

Hi,
for calculating CTC employers contribution is required so that our consultant suggest me to take the Statuary payment in salary structure

Dear Anjali,
I think your full salary structure is wrong and i dont know how Esi comes for Rs.25000/- in gross.
Best Regards,
Suresh.K

hi,
Ya you are right, ESIC Ceiling is 15000 gross.
above structure s provided by our consultant,
so pls if possible suggest me the salary structure.
Regards
Anjali

Hi anjali
Your Pf Calculation Salary (Basic wages + Special Allowance 5800+1004.4) 6804.4*12% =816.528
ESI Salary Gross Salary 25000 *1.75% = 437.5
Labour Welfare = 4

Professional Tax = 200