Hi All, Please need salary break up on Rs 1459999 L . I have some confusion please shot out. Regards Amit Mishra 8882531567
From India, Delhi
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1From India, Delhi
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what is confusion in salary breakup. please note that details. Regards Vishnu Pathak 09953564557
From India, Gurgaon
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From India, Gurgaon
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Dear Amit, The attached document will help, just try to change your basic, HRA or other components?
From India, Hyderabad
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From India, Hyderabad
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Dear Arvaan, I want to be add up some of HR -department employees in to account to ensure my knowledge so can i have your contact details like mobile number and mail id?
From India, Hyderabad
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From India, Hyderabad
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Hi Amit,
The particulars of the CTC structure depend on the company policy and can vary. Without knowing that, it would be difficult to give you an accurate structure. However, some helpful individuals may still manage to assist you. ;) :)
From India, Karnal
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The particulars of the CTC structure depend on the company policy and can vary. Without knowing that, it would be difficult to give you an accurate structure. However, some helpful individuals may still manage to assist you. ;) :)
From India, Karnal
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No one will force you to follow but the act will says. i agreed with Vivek Mishra’s comments but attached excel will give some knowledge.
From India, Hyderabad
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From India, Hyderabad
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Thank you very much!! I apologies I did not complete my question. Actually I need how I will calculate tax on 1459999 L Annual Pkg. Amit Mishra 8882531567
From India, Delhi
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From India, Delhi
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Hi Ashok, The salary break up you attached is having formula error. How come an employee is earning 1.2 lac pm is eligible for ESIC. So pls be care ful when you share ctc format to others. Meenakshi
From India, Chennai
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From India, Chennai
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Dear Mr. Ashok Negi,
It's commendable the assistance you provided to Mr. Amit Mishra, but in my opinion, there are some mistakes in the Excel attachment. Firstly, the travel allowance should be 10%, and ESIC is not deductible. Additionally, if an employee's salary exceeds 15,000/- per month, TDS should be deducted from their salary on an average basis.
Regards,
Brajesh Kumar Sharma
From India, Srinagar
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It's commendable the assistance you provided to Mr. Amit Mishra, but in my opinion, there are some mistakes in the Excel attachment. Firstly, the travel allowance should be 10%, and ESIC is not deductible. Additionally, if an employee's salary exceeds 15,000/- per month, TDS should be deducted from their salary on an average basis.
Regards,
Brajesh Kumar Sharma
From India, Srinagar
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Mr Ashok, First Tx for response and help. In delhi PT is not applicable. We need breakup according Tax-Slab — TDS Regards Amit Mishra 8882532567
From India, Delhi
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From India, Delhi
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Hi Friends, Pls find the CTC break up. Hope this will help you all. regards Shiva
From India, Mumbai
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From India, Mumbai
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Hi Ashok, Appreciate your reply but by deleting if salary above 15000 is not correct format. Instead u can use this formula in excel =IF(Gross<=15000,Gross*4.75%,0) for permanent format. Meenakshi
From India, Chennai
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From India, Chennai
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Dear Meenakshi Your formula one problem no roundup value. so please you help full formula. THIS IS CORRECT FORMULA IN EXCEL =IF(GROSS>15000,0,ROUNDUP(GROSS*4.75%,0)) Vishnu
From India, Gurgaon
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From India, Gurgaon
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Salary less tax - CTC.xls