Hi, please let me know if someone has a CTC of 15,000/-, how should the salary breakdown be structured considering the components below if the company offers:
Salary Components
- Basic:
- HRA:
- Conveyance:
- ESIC:
- Bonus: 417 (by default)
- PT: 200
What will be the take-home pay? Kindly provide the details for a CTC of 9,000/-.
CTC Calculation Confirmation
Additionally, I would like to confirm if the below calculation is accurate for a CTC of 7,800/- per month:
Employee Earnings: MONTHLY
- Basic: 5,516
- House Rent Allowance: 900
- Conveyance Allowance: 0
- Special Allowance: 0
- Medical Reimbursement: 0
- Conveyance Reimbursement: 0
- Total Gross Earnings {A}: 6,416
Employer Contribution
- Employees Provident Fund (12%): 662
- Employer ESIC (4.75%): 305
- Bonus: 417
- Total Employer Deductions: 1,384
Cost to Company: 7,800
Less Employee Deductions
- Employer Provident Fund (12%): 662
- Employees ESIC (1.75%): 112
- Professional Tax: 175
- Total Employee Deductions {C}: 949
- Total Net Earnings {A-C}: 5,467
- Basic:
- HRA:
- Conveyance:
- ESIC:
- PF:
- Bonus: 417 (by default)
- PT: 200
Regards.
Salary Components
- Basic:
- HRA:
- Conveyance:
- ESIC:
- Bonus: 417 (by default)
- PT: 200
What will be the take-home pay? Kindly provide the details for a CTC of 9,000/-.
CTC Calculation Confirmation
Additionally, I would like to confirm if the below calculation is accurate for a CTC of 7,800/- per month:
Employee Earnings: MONTHLY
- Basic: 5,516
- House Rent Allowance: 900
- Conveyance Allowance: 0
- Special Allowance: 0
- Medical Reimbursement: 0
- Conveyance Reimbursement: 0
- Total Gross Earnings {A}: 6,416
Employer Contribution
- Employees Provident Fund (12%): 662
- Employer ESIC (4.75%): 305
- Bonus: 417
- Total Employer Deductions: 1,384
Cost to Company: 7,800
Less Employee Deductions
- Employer Provident Fund (12%): 662
- Employees ESIC (1.75%): 112
- Professional Tax: 175
- Total Employee Deductions {C}: 949
- Total Net Earnings {A-C}: 5,467
- Basic:
- HRA:
- Conveyance:
- ESIC:
- PF:
- Bonus: 417 (by default)
- PT: 200
Regards.