Monthly Salary 3Lac

Rits_hr
Dear All,
I am new in HR, my director told me to make a salary break up for 3 lac Rs. per month.
I dont know which salary component should I add for 3 lac rs. monthly salary.
Please help me in this. pls send me a format for the same,.
Thank you all in advance.
sushma jagdeep singh
Hi,
Is PF and ESIC liabilty there?
IF Yes,
Then
Baisc- 45% of CTC
HRA - 50% of Basic
Medical- 1250 (Fixed)
Allowances- 1600 (Fixed)
Special Allowances-
PF- 12% of Basic
Rits_hr
Hi,
Thanks for your information, I have added below components for 3 Lac Rs. Per month. kindly advise is this the correct one or any changed reqd.
1 MONTHLY SALARY PAYMENTS MONTHLY
A.1 Basic Salary 112,500
A.2 HRA 56,250
A.3 Education Allowance 200
B.1 Additional Allowance 38,400
B.2 Conveyance Allowance 1,600
B.6 LTA 26,000
Total (a) 234,950
C.1 Driver Salary 10,000
C.2 Fuel and Maintenance Reimbursement 1,800
C.3 Telephone Reimbursement 2,000
C.4 Medical Reimbursement 1,250
Thanks
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute