Please find the details for a salary of 21,000 and a gross of 2.7 lac.
Monthly Payments
- Basic: 5,000
- HRA: 3,000
- Transport Allowance: 800
- Adhoc Allowance: 12,000
- Gross per Month: 20,800
- Gross Per Annum: 2,49,600
Annual Payments
- Ex-Gratia: 5,000
Retirals
- PF: 7,200
- ANNUAL GUARANTEED CASH = GPA + Annual Payments + Retirals: 2,61,800
- TOTAL ANNUAL CASH = ANNUAL GUARANTEED CASH: 2,61,800
- Group Term Life Insurance - Premium Amount: 145
- Medical Insurance - Hospitalization floating cover for self + spouse + 2 children + parents, Applicable for non-ESIC members - Averaged Premium amount: 5,549
- Gratuity (As per Act): 2,886
COST TO COMPANY = Total Annual Cash + Fixed Benefits + Variable Benefits: 2,70,380
Regards,
Smita Thakor