Can anyone send me the salary breakup for 7.40 lac per year. Components will be baisc, HRA, Transport and bonus. only PF DEDUCTIONS
From India, New Delhi
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From India, New Delhi
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BASIC= 3,70,000 P.A (30,834 P.M) HRA= 1,85,000 P.A (15417 P.M) CONVEYANCE= 9600 P.A (800 P.M) BONUS= 30821 P.A (2569 P.M) PF DEDUCTION= (1800X12= 21600 P.A) (1800 P.M)
From India, Roorkee
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2From India, Roorkee
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Please find the attach Salary Break Up Format you can change as per your company policy
From India, New Delhi
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From India, New Delhi
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We are following this policy:
CTC 7,40,000
Salary Components | Amount | Monthly
(a) Basic Wages @ 50% of CTC | 3,70,000 | 30,833
(b) HRA @ 50% of Basic Pay | 1,85,000 | 15,417
(c) Conveyance Allowance - 1600/- Per Month Fixed | 19,200 | 1,600
(d) Performance Linked Salary (Balancing Figure) | 1,27,406 | 10,617
Gross Wages (a+b+c+d)
7,01,606 | 58,467
(e) PF (Employer's Share @ 13.00%) | 23,400 | 1,950
(f) ESI (Employer's Share @ 3.25%) | - | -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. | 14,994 | 1,250
Total (A+e+f+g)
7,40,000 | 61,667
Jawahar Lal Moondra [Email Removed For Privacy Reasons] [Phone Number Removed For Privacy-Reasons]
From India, Jodhpur
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CTC 7,40,000
Salary Components | Amount | Monthly
(a) Basic Wages @ 50% of CTC | 3,70,000 | 30,833
(b) HRA @ 50% of Basic Pay | 1,85,000 | 15,417
(c) Conveyance Allowance - 1600/- Per Month Fixed | 19,200 | 1,600
(d) Performance Linked Salary (Balancing Figure) | 1,27,406 | 10,617
Gross Wages (a+b+c+d)
7,01,606 | 58,467
(e) PF (Employer's Share @ 13.00%) | 23,400 | 1,950
(f) ESI (Employer's Share @ 3.25%) | - | -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. | 14,994 | 1,250
Total (A+e+f+g)
7,40,000 | 61,667
Jawahar Lal Moondra [Email Removed For Privacy Reasons] [Phone Number Removed For Privacy-Reasons]
From India, Jodhpur
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Pls check the Monthly CTC figure, it seems to be incorrect
From India, Meerut
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From India, Meerut
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Aakash ji, the calculation is perfectly correct and in compliance with the statutory requirements:
1. The PF contribution has been considered on Rs. 15,000/- per month salary only.
2. The bonus has also been calculated based on Rs. 15,000/- per month salary only.
CTC: 7,40,000
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Per Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI (Employer's Share @ 3.25%) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total (A+e+f+g) 7,40,000 61,667
Hope the matter shall get clarified.
Thanks and Regards,
Jawaharlal Moondra
[Email Removed For Privacy Reasons]
[Phone Number Removed For Privacy-Reasons]
From India, Jodhpur
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1. The PF contribution has been considered on Rs. 15,000/- per month salary only.
2. The bonus has also been calculated based on Rs. 15,000/- per month salary only.
CTC: 7,40,000
Salary Components Amount Monthly
(a) Basic Wages @ 50% of CTC 3,70,000 30,833
(b) HRA @ 50% of Basic Pay 1,85,000 15,417
(c) Conveyance Allowance - 1600/- Per Month Fixed 19,200 1,600
(d) Performance Linked Salary (Balancing Figure) 1,27,406 10,617
(A) Gross Wages(a+b+c+d) 7,01,606 58,467
(e) PF (Employer's Share @ 13.00%) 23,400 1,950
(f) ESI (Employer's Share @ 3.25%) - -
(g) Bonus @ 8.33% on Rs. 15,000/- P.M. 14,994 1,250
(B) Total (A+e+f+g) 7,40,000 61,667
Hope the matter shall get clarified.
Thanks and Regards,
Jawaharlal Moondra
[Email Removed For Privacy Reasons]
[Phone Number Removed For Privacy-Reasons]
From India, Jodhpur
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SALARY with out PF Deduction.xls