Salary Breakdown Help Needed: How to Design a CTC of INR 9,00,000 with Special Allowance?

Hi all,

If the CTC is INR 9,00,000 per annum, how should the salary breakdown be designed with a special allowance? Please assist. Additionally, if possible, could you provide the breakdown in an Excel format? Kindly state the HR processes and illustrate how the salary slip will appear.

Regards,
Zed

Hi,

Please find the attachment, if this helps.

Hi all,

If the CTC is INR 9,00,000 per annum, how should the salary break-up be designed with special allowance? Please help, and if possible, provide the same in an Excel format. Also, please explain how the salary slip should look like to maximize tax benefits in Form 16.

I am eagerly awaiting your reply.

Regards,
Zed

Salary Breakdown

Basic Salary: 100,000 1,200,000
HRA: 50,000 600,000
Conveyance: 1,600 19,200
Special Allowance: 746,600 8,959,200
Subtotal - A: 898,200 10,778,400

Monthly Reimbursement

Fuel: - -
Driver: - -
Professional Pursuit: - -
Uniform Reimbursement: - -
Food Coupon: - -
Subtotal - B: - -

Consequential

Medical: - -
LTA: - -
Subtotal - C: - -

Retirals

PF: 1,800 21,600
ESI: - -
Subtotal - D: 1,800 21,600
Others: - -
PLI: - -
Subtotal - E: - -

Total CTC

Total CTC: 900,000 10,800,000

Deductions

PF: 1,800 21,600
ESI: - -
PT: - -
Total - F: 1,800 21,600

Net Take Home Salary

Net Take Home Salary G=A-F: 896,400 10,756,800

Can I get the salary breakup of 8.4 Lakhs per annum?