Dear Akanksha,
What i would suggest is that you read the following heading under which normally salary is classified ..though the percentages may sometimes differ under each state.. Please verify the same before you actually make a Salary slip..
All the below heading have been compiled from the Citehr site itself for your referral
The normal heading of a salary slip are:
Basic - 35% - 50% of Gross
2) HRA - 40% of Basic for Non metro & 50% of basic for Metro
3) Con - Max Rs. 800/ P M which is Max of Rs. 9600 P A
4) Medical Reim - Max Rs. 1250 / PM which can be max of Rs 15000 PA
5) Spl Allow - Balance of Gross will be provided as Spl Allow
Statutory
1) PF
Emp Contribution - 12% on Basic
Emp'r Contribution - 13.61% on basic
2) ESI - Applicable to employees whose Gross Salary is less than or equal to Rs.15000
Emp Contribution - 1.75% on Gross
Emp'r Contribution - 4.75% on Gross
PT - It Varies State to state and it is calculated on the Gross salary of the employee
Net Salary = Gross - PF (Emp Cont) - ESI (Emp Cont) - PT
CTC = Gross + PF (Emp'r Cont) - ESI (Emp'r Cont)
Apart from this Gratuity, Statutory Bonus, LTA, performance bonus, etc., are also used as the part of salary structure