Salary Break Up Confussion

shaila_resham
Rs.4410 – Rs.13210 + DA, HRA, CCA, Conveyance Allowance. Gratuity, Pension, LFC, Medical Aid etc
can anybody explain me this break up and mention what is the exact salary for one month
ROCK RAGHU
Dear Ms. Shaila
Salary break up its depand upon company.
Normoly Basic salary will be 50% of gross saalry & DA Is fixed from the govt HRA IS 50% OF Basic .... rest of you can calucate according to gross saalry......
Exmpale 15000 is gross
Basic 7500
HRA 3750
Conve 800
M. Allown 1500
Other Allow 1450
Like this.........
Thans & Regards
Raghavendra
HR Executive
Rmanashree group of hotels & resort Bangalore
9741399113
innovationspune
fyi,
standard Salary Structure -
Considering annual CTC is 6 L
Basic salary = 30% of ctc = 1.80 L
HRA = 60 % of Basic = 1.08 L
PF = 12 % Basic = 18600
Gratuity- 4.81% of Basic - around 8000 ( pls do the exact calculation)
Medical - 15000 standard P.A.
travell allowance - 9600 P.A.
Rest remaining amount goes into DA or city allowance or excutive pay ie. according to organisations given word..
Taxes standard deductions like 80c ,80ccc, 80d, 80GG, etc,.,,
experts pls guide....
Regard,
Team innovations
vivek7827
Dear Ms. Shaila
salary break up alwayz depend upon annual CTC..
Basic+da =20%-40%
HRA=40%non metro city, 50% metro city
Medical allow=15000(slab)or ESIC 1.75% on basic
T.A=9600
LTA=5-10% on CTC
sodexho meal voucher=1000
BONUS=8.33%B+DA
gratuity=4.82 on B+DA
other allow=total ctc-total salary break.
thanx & regards
vivek bhardwaj
seemabhagat
Besides Basic +da @60%,the other componenets can be as follows
HRA=40%of basic
medical=1250 per month
conveyance=9600
performance allowance fixed=
spl allowance
LTA=10% 0f basic salary
PF@12.24% of basic
gratuity@4.81%
Education allowance
ESI@6.75%
Bonus@8.33%=1 month basic salary paid annually
after adding all the components,the balance of agreed ctc goes to special allowance
dev_palria
logic is very simple, as per act gratuity is payable on 15 days basic after completion of five years service, for example -basic/26*15 as per act, if you multiple 4.81% in basic same amount will come.
I think now ur clear.
Regards
Dev
ADMIN HR HEAD
HI my dear seniors
Can anyone guide me regarding the relevance of RTI implementation in corporate sector??
many time we feel like or need to know some weighted info from the company where we work , in that case how far this act is going to help us?? or is it enforceable only in terms of Govt sector??
If yes I have many questions to make, please guide me on the same
Ms. Devi
MBA,MA,LLB
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