Salary Breakup And Many More... - Xls Download

Hi,
What is Salary break up, How the salary will be divided and is it a mandatory to breakup. and also mention the percentage and the procedure how to handle all Salary structure.
Few more questions
a. If a proprietorship consultancy pay the cash as salary (not credited to account) is it a right, can the proprietor or owner has to pay any tax to government or someone, whats the procedure kindly explain?
b.What are the different softwares uses in the Big Big companies for HR salary and other HR stuff?
c. Is it not possible to shift into Recruitment to Payroll executive without experience?

hello,
we'll go one by one.
Yes salary break up is mandatory, because it gives you a clear idea about your earnings and contributions.
Salary structure is nothing but Basic+DA+HRA+Conveyence+other allownces-your contributions (PF+ESIC+LWF+PT).
If propritor is paying someone in cash means he is not showing your employement legaly to govt. so he dont need to pay any tax or contribution for that employee.
each company uses different type of software for their daily activities. it can be PAYROLL or anything else as per its needs.
it is possible. only you need to keep on learning new things.
regards.
rashvi

Thanks Rashvi,
Give me the idea about 12000 Gross montly income as a Breakup for the below (with percentage breakup for each).
Basic+DA+HRA+Conveyence+other allownces-your contributions (PF+ESIC+LWF+PT).

Breakup of 12000.00 monthly salary
Basic - 4800 40% of Gross salary
HRA - 2400 50% of basic
TA - 800
MA - 1250
SA - 1500
_____________
Total - 10750.00 (net salary)
______________
Deductions:-
PF - 576 12% of basic
ESI - 84 1.75% of basic
LWF - 5
PT - Not applicable
please correct me if i am wrong.

Vimla,
This may be fulfill your doubt.

Dear Seniors in HR
Please clarify the doubts under the Minimum wages Structure.
We are running a Catering Service in Coimbatore. I know very well the Minimum Wages under the TN Cat Establishment Act-1958-59. But I don't know what are washing allowance to be given to our Employees Because of Washing Allowance not covered under The ESI Act-1948. Please clarify.
S.Mohan MLM,DLLAL,DCS,MBA (Pursuing)
HR-Manager
Coimbatore-641004
Cell : 94430 42311

Hi,
thanks for the salary structure.
Is there any percentage taken for all allowances from the basic wage
what is the percentage of contribution to pf you have taken ? please explain.
Why you should deduct Gratuity in the salary structure.
regards
P.Rajaganapathy

Dear Vimla,
ESIC:
Employers contribution : 4.75% of Gross Pay
Employees deduction: 1.75% of Gross Pay
PF:
Employers contribution : 12% (10%) of Basic Pay
Employees deduction: 12% of Basic Pay
Gratuity calculation: Gratuity = Monthly Salary x 15 days x No. of yrs. of service
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Regards,
Abhishek

Just want one clarification...:??
is CTC means that employer's contribution for PF/ESI is also deducted in the said CTC or Should Employer pay separately from company accounts??
please give some suggestion on the same..? since i hav come cross one company where PF/ESI contribution of employer's is been deducted from employee's salary? i.e from employees CTC.
Regards
Yohan

Dear Yohan,
I have attached an example of the "Pay Structure" for your reference.
Should you need further clarification, post your query accordingly.
Cheers!
Abhishek