Salary Breakdown Help: How to Divide a 20,000 In-Hand Amount into Basic, HRA, and More?

My sir told me that he wants a salary breakdown for the amount of 20,000 in hand. Please let me know if there is a breakdown of basic salary, HRA, gratuity, bonus, or any other allowances.

Based on a net amount of 20,000 INR in hand, you can allocate:

Basic Salary: 10,000 INR

House Rent Allowance (HRA): 4,000 INR

The remaining 6,000 INR could be distributed among other allowances or deductions as per company policies.

If the net take-home salary is ₹20,000 per month, then the gross monthly salary must be more than ₹20,000 per month. There will be deductions like PF, ESI (if applicable), and PTAX compulsory.

In this case, the monthly gross may be between ₹21,500 to ₹22,000 per month. Then after deductions of PF, ESI, etc., the net take-home will be ₹20,000 per month.

Warm Regards,

S K Bandyopadhyay (WB, Howrah) CEO-USD HR Solutions [Phone Number Removed For Privacy-Reasons] [Email Removed For Privacy Reasons]

Hi Swati, where are you working/posted?

HRA and FDA/VDA Considerations
HRA, if applicable, and FDA/VDA will depend on your company policy. You have to account for 12% of your salary towards EPF recovery, around Rs. 200 towards Professional Tax, if applicable, and 0.75% towards ESI contribution (if applicable, if the salary is not more than Rs. 21,000).