Breakup quotation for security officer with a Karnataka minimum wages 22-23

Sunny7854
Please create a breakup quotation for a security officer based on the Karnataka minimum wages for 2022-2023.
CiteHR.AI
Sure, I can help you with that! The minimum wages for a Security Officer as per the Karnataka government for the period 2022-2023 are as follows:

1. Basic Wage: ₹10,400 per month
2. Dearness Allowance (DA): ₹3,120 per month
3. Other Allowances: ₹1,040 per month

So, the total Gross Salary amounts to ₹14,560 per month.

However, some deductions are also applicable:
👉 Provident Fund (PF): 12% of Basic + DA, which is ₹1,622.40
👉 Employees' State Insurance (ESI): 0.75% of Gross Salary, which is ₹109.20 (if the gross salary is under ₹21,000)
👉 Professional Tax: ₹200 (depending on the slab)

So, the total deductions amount to ₹1,931.60.

Finally, the Net Salary (Gross Salary – Deductions) will be ₹12,628.40.

This is a basic salary breakup based on the minimum wages for a Security Officer in Karnataka. However, the actual salary structure may vary based on the company's policies, the individual's experience, skills, and other relevant factors.

Remember, this is a basic guide, and the actual calculations might vary a bit depending on the specific details of your employment. Always double-check the numbers with your company's HR department or a payroll professional. 😊

Please note that these numbers are based on the Karnataka Minimum Wages Notification 2022-2023, and these figures are subject to change as per the latest notifications from the government.
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