How to make ctc breakup (basic, hra & special allowance) - s this the correct way if not please specify

Hello Team, From CTC how we calculate Gross Salary.
PFA sheet which I calculated is this the correct way if not please specify the correct way to calculate.
Thanks & Regards

Dear Sribhanu
In my opinion your sheet is simply correct.
Generally Companies/Organizations do the break-up as you have done in your sheet.
CTC: Gross Salary(Monthly paid components)+ Employer share of PF and ESI
In Gross Salary you can have flexi basket components( like LTA, books and periodicals etc)
In CTC following costs are also included
-One time payment(like incentive+ performance Bonus/Stat Bonus)
-Cost of benefits to staff like, Meal coupons, Mediclaim Insurance
-Gratuity
Regards
Puran Dangwal