Re: Salary Break Up For 54,0000/- - Xls Download

Dear Bhakti,
Yearly PT deduction amount is 2500 rather then 2400.
In Feb Month PT Deduction Amount is 300 because of this PT deduction amount becomes 2500.
Regards.

plzzz share me the salary break up for the CTC of 12,500 with Esic applicablity.

Sharmila Das,
Rs. 1039/- Gratuity need not to calculate from the very first year . It is only a contingent liability till the end of the 5th year of service. At the end of the 5th year, it comes to balance sheet of the employer as a liability. I think, Gratuity component need not to consider for Tax purposes at the first month and in structuring the CTC.
Please correct me.
Hrkpati