Salary Breakup - Pf Deductions

maha.lingam
Hi All...
I am working as a accounts asst. I want to know how to give salary breakup for net salary 50000
Earnings
Basic
HRA
DA
Deductions
TDS
No esi, pf deductions. Kindly anyone help me.
Regards
Mahalingam K
maha.lingam
hai
Thank you for your reply
Rs.50000/- per month
Earning for employee
Basic pay
D.A
HRA
conveyance
Deduction
T.D.S
please send me the break-up
Thanks & Regards
K.Mahalingam
bharathi1990
Hi
The calculations are:
Basic: 20000 (40% of gross)
Hra: 10000 (50% of basic)
Conveyances: 800 ( monthly fixed)
T.d.s : based on the percentage mentioned by government
You can check thread named as CTC calculation in this site. It will have many details.
kraviravi.kravi@gmail.com
Basic is any amount da is 51% of basic hra is 30 % in metro and 20 in non metro.ta u can give as per wish
kraviravi.kravi@gmail.com
Depends on what rules apply to the industry for government organisations HRA is 30% metro and 20% non metro , and 10% for C / Z class cities. Since the thread starter did not mention his industry type, i got confused. Can you please provide the rule which says that HRA ALLOWANCE is 50% for metro and 40% for non metro, this is only for HRA exemption calculation, HRA allowance part is different and exemption part is different.
Latest Dearness Allowance, HRA, TA, Overtime and other Allowances Rates. | CENTRAL GOVERNMENT EMPLOYEES NEWS,Dearness Allowance, DA ,DOPT ORDERS | imyideas.com
pon1965
ravi,
we talk here for tax benefits which are advantageous for employees. HRA is not compulsory.
pon
reshmi suhas
Hai, good morning every boby,
I have one doubt 1 For EL credit if employee not work full of 240 days, what we should do
Please clarify
Thanks & Regards
Reshmi suhas
kraviravi.kravi@gmail.com
Dear the thread starter, asked for salary breakup so i gave it, because unnecessarily the person should not get confused...
amodsemilo
There is not any such guidelines in labour Law. However, one should keep align with Minimum wages.
If no please update.
Best Regards/Amod
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