Hi everyone,
I am new to the HR industry and to this forum. I know the salary slip components, but I haven't seen any salary slip. Can anyone send me a format of an actual salary slip? If anyone can explain to me how PF and IT are deducted and at what percentage, it would be great.
Thanks.
From India, Indore
I am new to the HR industry and to this forum. I know the salary slip components, but I haven't seen any salary slip. Can anyone send me a format of an actual salary slip? If anyone can explain to me how PF and IT are deducted and at what percentage, it would be great.
Thanks.
From India, Indore
Hi Teena,
Find enclosed the format of the same. The PF is deducted at 12% of the basic salary from the employee, while the same amount is also deposited from the employer's side.
Regarding IT, for males, the CTC ceiling is 1.1 lakh per annum, and for females, it is 1.5 lakh per annum.
Regards,
Amit Seth
From India, Ahmadabad
Find enclosed the format of the same. The PF is deducted at 12% of the basic salary from the employee, while the same amount is also deposited from the employer's side.
Regarding IT, for males, the CTC ceiling is 1.1 lakh per annum, and for females, it is 1.5 lakh per annum.
Regards,
Amit Seth
From India, Ahmadabad
Thanks Amit!! can u also tell me if someone salary CTC is 380000 then what will be the deduction of income tax that should appear in the salary slip .
From India, Indore
From India, Indore
Hi Teena,
Welcome.
Sorry, but I don't have much idea regarding the calculation of income tax. I only know that HRA, CCA of rupees 800/-, and Medical allowance of rupees 1250/- are exempted from income tax.
Regards,
Amit Seth.
From India, Ahmadabad
Welcome.
Sorry, but I don't have much idea regarding the calculation of income tax. I only know that HRA, CCA of rupees 800/-, and Medical allowance of rupees 1250/- are exempted from income tax.
Regards,
Amit Seth.
From India, Ahmadabad
you can add formula and present a better example so new freshers can use it for there company use for example what will be basic of ctc, hra,will how much for basic conv, etc.
From India, Delhi
From India, Delhi
Dear members,
My salary is Rs. 60,000/- (Sixty Thousand). After deductions, I am receiving Rs. 54,000/-. TDS of Rs. 6,000/- is being deducted from my salary. However, I have not been receiving any salary slips. I now require a loan, and for that, I need a salary slip. Unfortunately, the company does not provide this facility. My Managing Director has informed me that I can prepare the salary slip, and he will sign and stamp it.
Please prepare my salary slip. If you need any more details, I can provide them. Your assistance is much appreciated, dear members.
Kind regards, [Your Name]
From India, Vadodara
My salary is Rs. 60,000/- (Sixty Thousand). After deductions, I am receiving Rs. 54,000/-. TDS of Rs. 6,000/- is being deducted from my salary. However, I have not been receiving any salary slips. I now require a loan, and for that, I need a salary slip. Unfortunately, the company does not provide this facility. My Managing Director has informed me that I can prepare the salary slip, and he will sign and stamp it.
Please prepare my salary slip. If you need any more details, I can provide them. Your assistance is much appreciated, dear members.
Kind regards, [Your Name]
From India, Vadodara
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