Salary Breakup - Xls Download [thread 383271]

HRA is not 60% of basics. It is 50% of basics in metro cities and 40% of basics in other cities. For this salary, conveyance cannot be more than 800/- INR per month. Instead of Phone Allowance, which is taxable, you should include Medical Allowance of 12,500/- INR Per Month.

Dear Neekow,
Pls find the monthly returns for PF, Form 5, 10 & 12 A

i'v joined a company which has just started...there is no hr policy,payroll process, medical insurance, salary a/c, fitment...and i've to take charge of all these things..can anyone pls help in this regard. if u can attach samples of each one of the above mentioned things, it would be of great help. its urgent
Regards,
Ananya

request from my seniors
what is the scope of the welfare officers in the company where employee exceeds 500
& what would be the practical step in performance managment system & what we have to include in the system
what is the skill matrix and competency matrix
skill matrix vs compentency matrix

preeti008 -
why do you want to create seperate heads ie personal phone allowance and special allowance which are entirely taxable ?

Dear Preeti /Kavya & All,
Answer to your query for pay bifurcation @ Gross Rs.20,000/- per month: -
Basic @ 60% = Rs.12,500/-
HRA @ 40% of basic = Rs. 5,000/-
Children Edu. Allwn. @ Rs.100/- per child up to 2 children i. e. Rs.200/-
Conveyance Allwn. @ = Rs. 800/- per month
Medical Reimburse @ = Rs.1,250/-
Mobile Reimburse @ = Rs. 250/-

Dear Preeti / Kavy & All,
Answer to your query for salary bifurcation of Rs.20,000/- per month
Basic = Rs.12,500/-
HRA @ 40% = Rs.5,000/-
Conveyance allw. = Rs. 800/-
Children Edu. Allw up to 2 children @ Rs.100/-
Medical Reimburse = Rs. 1,250/-
Mobile Reimburse = Rs. 250/-

hi,
i want to confirm with you about the comment from your end. is the spl allowance is fully taxable?
are you sure ?

Dear Ramesh,
60% or more of your gross salary. Normally it should be exceeding the minimum wages for that profession / designation.

my scale pay 16500/-
basic 40 % 6600/-
HRA 40 % of basic 2640/-
DA 40 % of basic 2640/-
medical allowance 1250/-
CCA 825/-
others 2545/-
is that ok?
and i have a doubt about whc is exempted from PF HRA or DA?