Hi, I am new here, so I hope I am placing my query where I am supposed to. I was working for a company that used to pay me in cash and at times via RTGS. Incentives were mostly in cash. It was a consultancy for overseas education based in Delhi. I used to take home around ₹75,000 plus incentives every now and then. Now, I am switching to a bigger role in a larger organization where HR and other departments are functional. They have offered me a package of approximately ₹8.25 lakh per annum. I need to submit my salary slip if they ask for it from my previous company, which we never received. I need a breakup of ₹9 lakh per annum with no tax liability. Nothing was structured in my previous company, though we were compensated well. I am keen on the new offer as they are thorough professionals.
What They Have Offered Me Is:
Salary Elements
- **Monthly (₹)**:
- Basic: 36,600
- House Rent Allowance: 10,980
- City Compensatory Allowance: 3,049
- Conveyance: 1,200
- Medical Allowance: 1,250
- Other Allowance: 7,921
- Gross Total: 61,000
- **Annually (₹)**:
- Basic: 4,39,200
- House Rent Allowance: 1,31,760
- City Compensatory Allowance: 36,585
- Conveyance: 14,400
- Medical Allowance: 15,000
- Other Allowance: 95,055
- Gross Total: 7,32,000
- **Deductions**:
- PF: 780
- PT: 200
- Net Salary: 60,020
Annual Benefits
- **Amount (₹)**:
- Bonus: 15,000
- P.F. (Employer’s Contribution): 9,360
- Gratuity: 21,213
- Mobile Expenses: 12,000
- Insurance Premium: 5,000
- LTA: 30,000
- Total: 92,573
- **CTC**: 8,24,573
*The employee can claim LTA once in two years after the completion of 2 years of continuous service within the organization.*
Please help me with the breakup of my previous package of ₹9 lakh, which should include incentives.
Regards,
Ritu
What They Have Offered Me Is:
Salary Elements
- **Monthly (₹)**:
- Basic: 36,600
- House Rent Allowance: 10,980
- City Compensatory Allowance: 3,049
- Conveyance: 1,200
- Medical Allowance: 1,250
- Other Allowance: 7,921
- Gross Total: 61,000
- **Annually (₹)**:
- Basic: 4,39,200
- House Rent Allowance: 1,31,760
- City Compensatory Allowance: 36,585
- Conveyance: 14,400
- Medical Allowance: 15,000
- Other Allowance: 95,055
- Gross Total: 7,32,000
- **Deductions**:
- PF: 780
- PT: 200
- Net Salary: 60,020
Annual Benefits
- **Amount (₹)**:
- Bonus: 15,000
- P.F. (Employer’s Contribution): 9,360
- Gratuity: 21,213
- Mobile Expenses: 12,000
- Insurance Premium: 5,000
- LTA: 30,000
- Total: 92,573
- **CTC**: 8,24,573
*The employee can claim LTA once in two years after the completion of 2 years of continuous service within the organization.*
Please help me with the breakup of my previous package of ₹9 lakh, which should include incentives.
Regards,
Ritu