Hi U All !!!!!! - Xls Download

Hello U All,
I Am Pawan Kumar. I Have Recently Joined This Site. I Have Joined An Organisation In Hr Gen. Profile. I Dont Have Any Idea What R The Basic Components Of A Salary Structure Life Pf, Gratuity,esi, Hra, Basic Salry.
If U Can Tell Me How These Componenets Are Calculated And Waht R The Formulas For Doing So, I Will Be Glad To Know..
Thanks N Regards
Pawan Kumar

Hi!
Pls find attached the sheet this might help you a bit. I have got it from this site only
Chitra

Hi Chitr Thanks a lot for being the first person to help me out.
If u tell me more about PTAX, mentioned in the salary slip sent by you, i'll be really appreciating.
Thanks & Regards
Pawan Kumar
9873734548

Hi! Pawan
PTax is the professional Tax to be deducted depending on the state rules.
Chitra

Thanks chitra for your valuble information. if I need any help, i'll definitely keep on asking you n i hope that u'll always assisit me.
Thanks Again
Bye

Hi chitra how u being?
want know what are the specific rules regarding the statuary compliance
including PF, Gratuity,Basic,HRA,LTA and other allowances..
Is there any universal rules to apply on all companies or the companies itself decide the ratio of the various components.
Tnanx

Dear Chitra
Thnx for the valuable posting but onething can you please tell that what has been furnished by you as formula are they as per the rules and regulations if so then what are the acts and rules please name those.
Thnx
tarun
[Login to view]

Hi citra,
i am student and doing my project in compensation survey , kindly help to start my project plz share some information to carry on my project.
i will be thankfull to you
With Regards,
Rajiv kamal
9764140033

Hi! Pawan
Please find attached the Labour Law with all the rules & regulations.
This was posted by one of our citehr frnds only.
Chitra

Hi! Tarun
Normally wht i use in my organisation is basic=50% of gross, HRA = 40% of basic, medical = 1250/-pm, travel allowance = 800/-pm, conveyance = 25% of basic, pf = 12% of basic (employer & employee), esi = 1.75% employee & 4.75% employers and bonus = 8.33% of basic minimum (maximum 20%). And for the remaining components its as per ur companies policy.
Chitra