What Will The Salary Structure If Only Take-home Amount Is Confirm?

udayshankar Pratap
Hi every one!
Kindly suggest the formula to find the gross salary & other statutory deductions if the take-home amount is only confirmed.
Regards
bhaktinarang_123
Can you tell me what is the take home amount.
And also the Statutory Compliance Components to be considered.
udayshankar Pratap
Sure. There is two cases for Rs.7k & 12k as take-home salary. And, deductions have to made basically for PF, ESI and PT.
roopa.vibrant@gmail.com
Hi Uday,
Please refer to below salary structure for in hand 7k. The total gross has to be offered as 8000/- & CTC as 9040. In case of further clarification ,pls revert.
Total Monthly Gross 8000
Components
Basic 5500
HRA 2500

Deduction
PF ( Employee) 660
ESIC ( Employee) 140
PT (As applicable) 200
Additional Contribution-
PF ( Employer) 660
ESIC ( Employer) 380

Total CTC 9040
In hand Salary 7000
Regards
Roopa
bhaktinarang_123
Hi,
As requested please find the CTC Calculation for 7K and 12K
Let me know if further assistance required.
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udayshankar Pratap
Nice Suggestion. But want to know excel formula sheet. So that all the related fragments came out thrg a single button when the known take-home amount will fit in it.
Regards
bhaktinarang_123
Hi,
Kindly find the below link
Major Salary Components « hrmexpress
Let me know if further assistance required.
parul_02
If Take home salary is Rs.7000 in that case Salary would be like this:
Basic Rs. (50%) 3500
HRA Rs. (20%) 700
Travel 800
special all. 2000
Gross salary 7000
Deduction
PF (12%) 420
ESI (1.75%) + 122
7962
Cost to company would be calculated annually
Basic 42000
HRA 8400
Travel 9600
Special all 24000
PF (12%) 5040
ESI (4.75%) +3996
CTC 93,036
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