Dear,
An example :
In CTC, Salary Distribution can be
(A) Basic Salary + HRA + DA
(B) Conveyance + Medical + Other / Special Allowance if any
(C) Employers Contribution for PF (12% of Basic)
Employers Contribution for ESIC (4.75% of Gross)
(D) Employees Contribution for PF (12% of Basic)
Employees Contribution for ESIC (1.75% of Gross)
Gross Salary = (A) + (B)
CTC = (A) + (B) + (C)
Net in Hand = (A) + (B) - (D) ...
Salary break up as:
Basic-30%
HRA- 30%
Conveyances- 25%
Medical- 10%
Other- 5%....
You can change the elements and values according to your company policies.
And to know more about salary Break up please click here:
https://www.citehr.com/download-list...y+Breakup&subm it=Go
https://www.citehr.com/search_new.ph...akup&submit=Go
Thanks and Regards
Binu