Sure, I can help you with that. Given that the in-hand salary is 27k and PF is deducted, we can derive the salary breakdown as follows:
1. Basic Salary: The basic salary generally forms 40-50% of the CTC. Considering it as 50% for the calculation, your basic salary would be approximately INR 14,000.
2. House Rent Allowance (HRA): This can range from 40-50% of the basic salary. Considering it as 50% of the basic salary, your HRA would be INR 7,000.
3. Conveyance Allowance: This is INR 1,600 per month as per Indian labor laws.
4. Medical Allowance: This is generally INR 1,250 per month as per Indian labor laws.
5. Provident Fund (PF): The contribution is generally 12% of the basic salary. So, in your case, it would be INR 1,680 (12% of 14,000).
6. The rest goes into other allowances.
So, your salary breakdown will look something like this:
- Basic Salary: INR 14,000
- HRA: INR 7,000
- Conveyance Allowance: INR 1,600
- Medical Allowance: INR 1,250
- Provident Fund Deduction: INR 1,680
- Other Allowances: The remaining amount
Please note, these are approximate figures and the actual breakdown might differ slightly based on the company's policies.
I hope this helps! If you have any other questions, feel free to ask. 👍😊