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Hi, I have joined a new IT company a few days back. As it is a new company, I have to design the salary structure where the employees will be getting the benefit of ESI and PF as well.

It will be highly appreciated if somebody can help me in designing the salary structure of the employees. For example, if somebody is earning, let's say, Rs. 7500.00, 5000.00, 3500.00, please mention all the details (the breakup salary structure including PF and ESI).

Regards,
Kanwal

From India, Bhubaneswar
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hi K. DEEP , I AM J.DEEP, ATTACHING HEREWITH A FILE, MEY BE HELPFUL TO U. BYE................JOYDEEP
From India, Bhopal
Attached Files (Download Requires Membership)
File Type: xls ctc_salary_slip_form_137.xls (21.0 KB, 7919 views)

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Hi Priya,

Thank you for the CTC calculation. However, there seems to be an error in the PT (Professional Tax) calculation. For amounts above Rs. 5000, Rs. 175 should be deducted, and for amounts above Rs. 10000, Rs. 200 should be deducted. Could someone please guide me on the correct calculation?

Regards,
Priya

From India, Thana
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Dear Friends,
I have a got job in one company.
They have confirmed the payment details are as follows,
Basic: - 14680 (Per month)
Conveyance: - 3000 (Per month)
HRA: - 3500 (Per month)
Education allowance: - 1000 (Per month)
Telephone: - 1000 (Per month)
LTA: - 8840 (Per annum)
Medical: - 8840 (Per annum)
Bonus: - 10000 (Per annum)
Performance incentive: - 17680 (Annually)
P.F. (Deduction):- 750 (Not Sure)
Additionally 8 CL & 30 PL
Can anybody please tell me what will be my in hand salary per month?
Thanks very much in advance………..

From India, Pune
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Mahr
482

The one which you have posted is not that clear... Again you have to mention is there any specific % on to the basic calculation in your company ?
From India, Bangalore
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Thank you, mahr, for your quick reply. However, I have not yet joined the company, so I am unaware of the percentage used in the basic calculation. The information provided over the phone is all I have at the moment, as mentioned in the post. Could you please provide me with a brief explanation of what the monthly take-home salary would be based on this information?
From India, Pune
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Hi fellows, I want a format of pay structure starting from P0 to P12, i.e., from peon or office boy to general manager level, with qualifications and experience included if applicable. Kindly help me with this as soon as possible.

Regards, Swagata

From India, Calcutta
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Sir, Just put basic 60%, hra 30% of basic and remaining will be special allowance. Regards...
From India, Jammu
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SH
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