dear friends,
Basic Salary* 5400 OK
House Rent Allowance 2160 OK
Conveyance Allowance 1080 Ok
Medical Allowance 1350 OK
Deputation Allowance 667 OK
Education 0 OK
Uniform 0 OK
Transport 0 OK
Ex-gratia / Bonus 1080 OK
Telephone Reimbursement 0 OK
Credit Card Reimbursement 0 OK
Professional Development Reimbursement 1080 OK
Attire 0 OK
City Compensatory Allowance 0 OK
Leave Travel Allowance 0 OK
Special Allowance: 0 0 OK
Other Allowance: 0 0 OK
Gross Salary 12817 ok
Benefits Provident Fund (Employer's Contribution) 648 ok
ESI (Employer's Contribution) 0 ok
Gratuity 0 ok
Insurance 35 OK
WCP 0 OK
Mediclaim Insurance 0 OK
Personal Accident Insurance 0 OK
Leave Encashment 0 OK
Other Benefits, if any (specify) 1 0 OK
2 0 OK
Cost To Company* 13500 OK
Deductions Professional Tax 200 OK
Provident Fund (Employee's Contribution) 648 OK
ESI (Employee's Contribution) 0 OK
Other Deductions: none 0 OK
Net Take-home (Gross Salary - Deductions) 11969 How Come ?
Total CTC is 13500 less 200+648 (as deduction) = 12652 will be NET TAKE HOME SALARY ?
regards,
manoj urma