Need a CTC Sheet or Salary Slip Format? Here's a Handy Download for You

Hi,

Please find attached the format of the CTC sheet and salary slip in case you need it.

Hi there,

The breakdown of percentages is as follows:
- Basic = 45% of CTC
- HRA = 50% of Basic
- PF = 12% of Basic
- Ex-Gratia = 5% of CTC
- Medical = Maximum of 15000 per annum as per the guidelines from the IT department.
- Conveyance - The remainder amount (we can make it nontaxable by asking the employee to provide us with bills, and we can refer to it as reimbursements instead of an allowance).

Best Regards,

Sumit
Email: sumit@saviconsultant.com

Hi Shijit,

This is general. However, some of them may vary according to the law of the land.

Sumit

Dear members,

I would like to know, is it mandatory to mention all levels/grades CTC in the HR Manual.

Khurshid Shaikh

Hi there,

I don't think it's required. In fact, CTCs are really confidential matters and should not form a part of any general document like an HR manual or an employee handbook. This should be communicated to the concerned employee only. You can list the grades as per the levels in the manual.

Regards,
Sumit

Hi Sumit,

Please find attached the format of the CTC sheet and salary slip in case you need it.

Best Regards,
Sumit

Hi Sumit,

Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.

Regards,
Rekha

Hi Sumit,

Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.

Regards,
Rekha

Hi,

My net salary is Rs. 7000. I have no other deductions, and I do not have a pay slip. How can I prepare a pay slip in this situation?

Best Regards,
Fashionpool

Hi,

My net salary is Rs. 29,000. I have no other deductions. I do not have a payslip. How can I prepare a payslip in this situation?

Best Regards,
Pankaj Sharma

Hi members, I would like to know what is meant by an annual CTC statement and what the format is. I was told that it's the statement of expenses an employee has incurred to the company and it's prepared at the end of the year. Can any of you help me out?

Regards, Arun

Can anyone help me with CTC and Payslip for a CTC of 1400000 PA? This can include Yearly Incentives of Rs 200000 PA.

It's necessary to adhere to the stipulations under the respective state governments' notifications issued from time to time, category-wise. There are also, in some cases, bifurcations, especially in basic wages and DA components. Though there is no compulsion for every unit to follow the structure/components seriatim, it should be ensured that at least the sum total of all components taken together should not be less than the minimum stipulated therein and shall form the gross salary of everyone in that respective category(ies) paid periodically. In this respect, notifications issued by the respective governments should be followed.