Need Help with HR Executive Salary Slip Format Under New Indian Tax Policy?

Can anyone please send/attach the latest format of an HR executive's salary slip with a salary of 16,300 per month, including all the calculations as per the new tax policy by the Government of India? Expecting your reply soon. This site is a great help. Thanks again. 

Dear Ashu,

Subject: Latest Salary Slip Format

The salary structure is as follows:

- Monthly CTC: 16,300
- Basic (40%): 6,520
- HRA (50%): 3,260
- Conveyance Fixed: 800
- Medical Fixed: 1,250
- LTA (10%): 1,630
- FBA: 2,058
- PF (12%): 782

Total CTC: 16,300

Gross Salary: 15,518

Deductions: 982 (PF + Professional Income Tax)

Net Salary Before Tax: 14,535

Regarding FBA (you can include items like telephone, Sodexo coupons, etc.)

Thanks and warm regards,

Hi Heena, can you help me out? I also need the latest salary slip format. If you have it, please send it to me. Thank you.

Salary Structure Details

Salary structure as follows:
- Basic + DA: 40% of gross salary
- HRA: 50% of basic salary
- Conveyance: $800 maximum

Deductions

Deductions as follows:
- ESI: If salary is up to $15,000 (gross), 1.75% or medical fixed $1250 per month
- PF: 12% of basic salary, $780 maximum limit

Regards,
Heena Bhola

Here is the latest salary slip in Excel format.

Could someone please send/attach the latest format of a Field Officer's salary slip with a monthly salary of ₹12,600, including all the calculations based on the new tax policy by the Government of India?

Could someone please send or attach the latest format of a Field Officer's salary slip with a monthly salary of 12,600, including all the calculations in accordance with the new tax policy set by the government of India?

Can anyone explain to me with examples how much my salary becomes in the pay scale of Rs 9300-34800, pay band 4200? Please tell me the breakdown, such as my basic pay, etc. Thanks in advance.

Hello Friends, Hope you are doing well. I want to create salary slips in a standard format. Since the company is a startup, they are not providing medical allowance or PF services. Hence, is there any standard format excluding these two fields? For now, we include the following columns:

Particulars | Yearly Amt. | Monthly Amt.

1. Basic

2. HRA

3. Misc. Allowance

4. Conveyance Allowance

GROSS SALARY

5. Company Performance Variable

6. Employee Performance Variable

TOTAL CTC

This is the format that we are using temporarily. The variables are based on the CTC, for example, 2,24,000/14 = 16,000. The employee's per month salary is Rs. 16,000/- for 12 months, and the remaining 2 months' salary (Rs. 32,000/-) is considered a Bonus, which depends on the company's and employee's performance.

Hence, are there fixed percentages applicable by the government for Basic, HRA, Misc. Allowance, and Conveyance Allowance? If yes, can you please provide me with some articles, reference books, websites, or anything that will help me understand the basic payrolls (in India) in startup companies?

Thanks and Regards,

Rachana