Hi Muskan,
As your company is not deducting PF so the salary will be divided into below parts :
CTC Break UP Annual
Fixed Compensation :
Basic 30-50% of fixed CTC
HRA 40-50% of basic (depending on location)
Conveyance
Education
Project Allowance
Medical
Food Allowance
A. Total Fixed Components
Variable Compensation
Performance Allowance if any
B. Total Variable Component
CTC (A+B)
You can keep the other component (apart from basic and HRA) proportionally.
For e.g : suppose a person is joining and offered CTC is 6,00,000 where 5,50,000 is the fixed and 50,000 is variable.
CTC Break UP Annual
Fixed Compensation :
Basic 2,75,000 (kept as 50%)
HRA 1,10,000 ( 40% of basic)
Conveyance 86,600
Education 30,000
Project Allowance 25,000
Medical 13,000
Food Allowance 10,400
A. Total Fixed Components 5,50,000
Variable Compensation
Performance Allowance 50,000
B. Total Variable Component 50,000
CTC (A+B) 6,00,000
Hope it helps.
Thanks,
Ankita