How Do I Prepare a Salary Statement with Basic, DA, HRA, and Conveyance?

Dear seniors, please help me with how to prepare a salary statement, including the calculation of Basic, DA, HRA, and Conveyance allowance. My salary is 9000 Rs. Please calculate this and send me an attachment of the salary statement.

Thank you.

Basic: 3600
HRA: 1800
PF: 432
PT: 80
Conv: 800
Medical: 1250
Children Allowance: 200
City Compensation Allowance: 618
Gross Salary: 8268
Take Home: 7756

PF: 432
Bonus: 300
CTC: 9000

Thank you.

Hi, please search for salary calculation and sample sheets. Alternatively, you can navigate to the right side of the page to find related materials. There is a lot of available material that can meet your requirements or assist you in learning.

Salary Statement Guidelines

Please find attached the exact salary statement with different salary levels. You can also download it for future reference. Please note the following:

• Basic and DA should be as per the Minimum Wages notification.

• If the salary is more, then the formula can remain as it is in the sheet.

• You should update the salary details in the Master Sheet.

• For OT calculation, if your company is paying a single rate, then remove the *2 part.

• Do not delete any formulas.

For any further clarifications, you may contact me at [Phone Number Removed For Privacy Reasons] - Bangalore.

Regards,
RK

Understanding Salary Statement Components

I am pursuing an MBA with an HR specialization, but I am having difficulty understanding how all components of the salary statement are computed based on a salary of 9000. Specifically, I am confused about the calculation of basic pay, medical allowance, conveyance allowance, city compensation allowance, and gross salary. Thank you for providing the details!

9000

- Basic: 3600
- PF: 432
- HRA: 1800
- PT: 80
- Conveyance: 800
- Medical: 1250
- Children Allowance: 200
- City Compensation Allowance: 618
- Gross Salary: 8268
- Take Home: 7756

PF: 432
Bonus: 300
CTC: 9000

Regards

Please find below the following calculations for CTC:

1. 13.61% PF Contribution on Basic and DA
2. 8.33% of Basic and DA as Bonus
3. 4.81% of Basic and DA as Gratuity
4. 4.75% of Gross as ESI (if fixed gross salary is below 15K)
5. Performance incentives, Target incentives if any.

Clubbing all the above with Gross Salary is considered as CTC.

Regards,
RK

Basic: 50% of total salary
HRA: 35% on basic
Children allowance: $200 per child, $100 maximum for 2 children
Conveyance: $800
Medical allowance: $1250
CCA: 35%
Food Allowance: 10%
Bonus: 8.33% on basic
PF: 12% on basic
ESI: 1.75% on basic
Gratuity: 4.81%
Uniform Allowance: 15%
Mobile allowance, etc...

Please review the corrected information. Let me know if you need any further assistance.

Regards

Dear Shyamala, I am hereby attaching the 9000 CTC and its specification for your reference.

Thank you.
Regards