Hi, can anyone help me out in giving me the breakup for 18,000 as a monthly salary?
Under this category:
Basic Salary: Rs. /- per month
House Rent Allowance: Rs. /- per month
Special Allowance: Rs. ------------
Conveyance Allowance: Rs. /- per month
Medical Reimbursement Limit: Rs. ------------
Total: Rs. /-
From India, Madras
Acknowledge(0)
Amend(0)
2Under this category:
Basic Salary: Rs. /- per month
House Rent Allowance: Rs. /- per month
Special Allowance: Rs. ------------
Conveyance Allowance: Rs. /- per month
Medical Reimbursement Limit: Rs. ------------
Total: Rs. /-
From India, Madras
Acknowledge(0)Amend(0)
Basic: 9000/-
HRA: 4500/-
Conveyance: 1200/-
Medical: 1500/-
Special Allowance: 1800/-
Total: 18000/-
Now, see the PF parts, and you can adjust into Special Allowance. We have a valid reason for this breakup.
Regards
From India, Delhi
Acknowledge(1)
Amend(0)
HRA: 4500/-
Conveyance: 1200/-
Medical: 1500/-
Special Allowance: 1800/-
Total: 18000/-
Now, see the PF parts, and you can adjust into Special Allowance. We have a valid reason for this breakup.
Regards
From India, Delhi
Acknowledge(1)Amend(0)
Please provide me with the salary breakdown of Rs. 18,000 under the following headings. This is very urgent:
- BASIC
- HRA
- CONVEYANCE
- SPECIAL ALLOW
- ALLOW DUE
- MEDICAL ALLOW
- TRANSPORT ALLOW
- OTHER ALLOW
- FOOD ALLOW
- GROSS SALARY
- PF
- NET SALARY
Regards,
Heena Kamra
From India, Mumbai
Acknowledge(0)Amend(0)
- BASIC
- HRA
- CONVEYANCE
- SPECIAL ALLOW
- ALLOW DUE
- MEDICAL ALLOW
- TRANSPORT ALLOW
- OTHER ALLOW
- FOOD ALLOW
- GROSS SALARY
- PF
- NET SALARY
Regards,
Heena Kamra
From India, Mumbai
Acknowledge(0)Amend(0)
Basic is always 40-45% of the Gross Salary. HRA should be 40% of the Basic. Medical is fixed across the company — $1250. Conveyance is again fixed across the company — $1200. Special Allowance — you calculate based on the remaining.
Regards,
Acuman
From India, Mumbai
Acknowledge(0)Amend(0)
Regards,
Acuman
From India, Mumbai
Acknowledge(0)Amend(0)
Salary break should be on a Principle of 60:40. 40% basic salary, 20% HRA. The balance 40% should be considered for a tax-free component available in the hands of the beneficiary. Options are:
- 1200 pm Conveyance or fuel reimbursement
- 1100 pm Sodexo
- 1 Month Basic Salary as an LTA PA
- 15000 Medical Reimbursement
- Education allowance
Vinay
From India, Thana
Acknowledge(0)Amend(0)
- 1200 pm Conveyance or fuel reimbursement
- 1100 pm Sodexo
- 1 Month Basic Salary as an LTA PA
- 15000 Medical Reimbursement
- Education allowance
Vinay
From India, Thana
Acknowledge(0)Amend(0)
A. Basic Salary: 40% of Net
B. House Rent Allowance: 50% of Basic
C. Special Allowance: F - (A+B+D+E)
D. Conveyance Allowance: Rs. 800/- per month
E. Medical Reimbursement: Rs. 1250/- per month
F. Total: Rs. 18,000/-
The above-mentioned formula is something that you can use in any package if it does not include PF, ESI, and Gratuity.
Thanks & Regards,
Jagdish Singh Negi.
From India, Delhi
Acknowledge(0)Amend(0)
B. House Rent Allowance: 50% of Basic
C. Special Allowance: F - (A+B+D+E)
D. Conveyance Allowance: Rs. 800/- per month
E. Medical Reimbursement: Rs. 1250/- per month
F. Total: Rs. 18,000/-
The above-mentioned formula is something that you can use in any package if it does not include PF, ESI, and Gratuity.
Thanks & Regards,
Jagdish Singh Negi.
From India, Delhi
Acknowledge(0)Amend(0)
Hi ! Can anyone tell me what would be the total PF amount for an year, if the interest rate 8.75%, & the gross salary is 18000 per month?
From India, New Delhi
Acknowledge(0)Amend(0)
From India, New Delhi
Acknowledge(0)Amend(0)
My friend received Net Rs.15000.00 and company paid ESIC and PF double contribution .How the process of calculation salary slip.
From India, Ranchi
Acknowledge(0)Amend(0)
From India, Ranchi
Acknowledge(0)Amend(0)
Hi,
Please answer me - Is it possible to withdraw a net salary of Rs. 15,000 plus PF Rs. 2045.40 (calculated as 12% of Rs. 17,045.00) and ESIC Rs. 975.00? Please inform me of the differential amount that appears in the accounts.
In reality, they want to avail the benefits of PF and ESIC. They aim to deposit the maximum possible amount in PF while keeping ESIC in consideration, and they also want to receive a net cash of Rs. 1500 from the company. Kindly explain how this can be achieved.
Thank you.
From India, Ranchi
Acknowledge(0)Amend(0)
Please answer me - Is it possible to withdraw a net salary of Rs. 15,000 plus PF Rs. 2045.40 (calculated as 12% of Rs. 17,045.00) and ESIC Rs. 975.00? Please inform me of the differential amount that appears in the accounts.
In reality, they want to avail the benefits of PF and ESIC. They aim to deposit the maximum possible amount in PF while keeping ESIC in consideration, and they also want to receive a net cash of Rs. 1500 from the company. Kindly explain how this can be achieved.
Thank you.
From India, Ranchi
Acknowledge(0)Amend(0)
Please answer me - Is it possible to withdraw a net salary of Rs 15,000 + PF Rs. 2045.40 (17045.00 * 12%) + 2045.40 (17045.00 * 12%) + ESIC Rs. 975.00? Please tell me the differential amount as treated in the accounts. Actually, they want to take the benefit of PF and ESIC. They want to deposit the maximum amount possible in PF but keeping ESIC in mind, and also want to receive a net cash of Rs 15,000 from the company. How is this possible? Please advise.
From India, Ranchi
Acknowledge(0)Amend(0)
From India, Ranchi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
ATTANDANCE, SALARY SHEET & PF CALCULATIONS.xl s
Creating a Competitive Salary Structure.doc