Salary Break Up - Salary Breakup [Thread 340264]

Hi All,
Can anyone please post the salary breakup procedure ( percentage wise)
I couldn't get it in percentage basis in Cite HR...can someone please help me out....

Hi,
Usually the calculation of the CTC is as follows..
(1)Basic :35-40% of gross salary
HRA - 40% of Basic
Conveyance : Rs .800 (Fixed) -tax limits
Medical :Rs. 1250 (Fixed) - tax limits
Special allowance - Balancing amount
Total of (1) constitutes - Gross Fixed
(2) Gross benefits like - PF - 12% of Basic & DA
Gratuity : 5% of basic & DA
Lunch
Insurance
LTA
Total of (2) constitutes - Gross Benefits
Sum total of (1) & (2) constitutes CTC

Sushmita,
There is no standards in % wise. Normally 40% of CTC may be apportioned as Basic. The more basic the more advantage for the employees as they will have good contribution towards PF and other retiral benefits. 40% of basic may be fixed as HRA for non-metros and in case of metros 50% of basic as HRA. This HRA is tax exempted for the amount exceeding 10% of basic, subject to the production of rent receipts.
Conveyance allowance - Rs.800/-p.m (tax free, no proof required), Medical-Rs.1250/- P.M (tax free subject to production of bills), Child Edu Allowance -Rs.100/-p.m. per child (max 2 children, tax exempted), Food coupons - 2700/-p.m (tax free in FY2011-12), Gift vouchers - Rs.5000/- p.a. (tax exempted). Remaining may be put into basket of spl. allowance.
PF - 12% may be deducted from the basic towards employer contribution if it is part of the CTC.
pon

Hi,
Can I freeze my basic to 6500/- per month, as in my organisation more and more employee are interested in the take-home salary. What happen if we freeze the basic to 6500/-, we do not have a component of DA. Please suggest