Hi, Please find attached the format of the CTC sheet and salary slip. in case you need it.
From India, Faridabad
Acknowledge(0)
Amend(0)
19From India, Faridabad
Acknowledge(0)Amend(0)
Good post. Really beneficial. Can you tell me what is the ideal proportion of each component? In other words, what do you think the general percentage of dividing each component from the total salary?
Regards,
Shijit.
From India, Kochi
Acknowledge(0)Amend(0)
Regards,
Shijit.
From India, Kochi
Acknowledge(0)Amend(0)
Hi there,
The breakdown of percentages is as follows:
- Basic = 45% of CTC
- HRA = 50% of Basic
- PF = 12% of Basic
- Ex-Gratia = 5% of CTC
- Medical = Maximum of 15000 per annum as per the guidelines from the IT department.
- Conveyance - The remainder amount (we can make it nontaxable by asking the employee to provide us with bills, and we can refer to it as reimbursements instead of an allowance).
Best Regards,
Sumit
Email: sumit@saviconsultant.com
From India, Faridabad
Acknowledge(0)Amend(0)
The breakdown of percentages is as follows:
- Basic = 45% of CTC
- HRA = 50% of Basic
- PF = 12% of Basic
- Ex-Gratia = 5% of CTC
- Medical = Maximum of 15000 per annum as per the guidelines from the IT department.
- Conveyance - The remainder amount (we can make it nontaxable by asking the employee to provide us with bills, and we can refer to it as reimbursements instead of an allowance).
Best Regards,
Sumit
Email: sumit@saviconsultant.com
From India, Faridabad
Acknowledge(0)Amend(0)
Hi Shijit, This is general. However some of them may vary according to the law of the land. Sumit
From India, Faridabad
Acknowledge(0)Amend(0)
From India, Faridabad
Acknowledge(0)Amend(0)
Dear members, I would like to know is it mandatory to mention all levels/grades ctc in the HR Manual. khurshid shaikh
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Hi there,
I don't think it's required. In fact, CTCs are really confidential matters and should not form a part of any general document like an HR manual or an employee handbook. This should be communicated to the concerned employee only. You can list the grades as per the levels in the manual.
Regards,
Sumit
From India, Faridabad
Acknowledge(0)Amend(0)
I don't think it's required. In fact, CTCs are really confidential matters and should not form a part of any general document like an HR manual or an employee handbook. This should be communicated to the concerned employee only. You can list the grades as per the levels in the manual.
Regards,
Sumit
From India, Faridabad
Acknowledge(0)Amend(0)
Hi Sumit,
Please find attached the format of the CTC sheet and salary slip in case you need it.
Best Regards,
Sumit
Hi Sumit,
Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.
Regards,
Rekha
From India, Madras
Acknowledge(0)Amend(0)
Please find attached the format of the CTC sheet and salary slip in case you need it.
Best Regards,
Sumit
Hi Sumit,
Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.
Regards,
Rekha
From India, Madras
Acknowledge(0)Amend(0)
Hi Sumit,
Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.
Regards,
Rekha
From India, Madras
Acknowledge(0)Amend(0)
Thanks for sharing the formats, which may be most helpful for many of us. Thanks a lot for your contribution. Looking forward to more required formats and quotes for HR work. We all should contribute something like this to make this group more effective.
Regards,
Rekha
From India, Madras
Acknowledge(0)Amend(0)
Hi My net salary Rs. 7000. I have no any other deduction. I have no pay slip. How to prepare pay slip in this occasion? Best Regards Fashionpool
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)
Hi My net salary Rs.29000. I have no any other deduction. I have no pay slip. How to prepare pay slip in this occasion? Best Regards pankaj sharma
From India, Gwalior
Acknowledge(0)Amend(0)
From India, Gwalior
Acknowledge(0)Amend(0)
Hi, in case anyone needs these formats, they can drop an email to me, and I can revert.
For anyone who wants to create a salary structure based on a given salary, you can let me know the total salary, and then I can help.
Thanks
From India, Faridabad
Acknowledge(0)Amend(0)
For anyone who wants to create a salary structure based on a given salary, you can let me know the total salary, and then I can help.
Thanks
From India, Faridabad
Acknowledge(0)Amend(0)
Dear Sumit, Very good info. But pl clarify why I am not able to get ESI evern when I give the CTC as 70000.
From India, Hyderabad
Acknowledge(0)Amend(0)
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi members, I would like to know what is meant by an annual CTC statement and what the format is. I was told that it's the statement of expenses an employee has incurred to the company and it's prepared at the end of the year. Can any of you help me out?
Arun
From India, Bangalore
Acknowledge(0)Amend(0)
Arun
From India, Bangalore
Acknowledge(0)Amend(0)
Can any one help me with CTC and Payslip for CTC of 1400000 PA...This can include Yearly Incentives of Rs 200000 PA.
From India, Bengaluru
Acknowledge(0)Amend(0)
From India, Bengaluru
Acknowledge(0)Amend(0)
Hi all, you can find a free salary slip template in Word and Excel format here. Thanks.
From India, Bengaluru
Acknowledge(0)Amend(0)
From India, Bengaluru
Acknowledge(0)Amend(0)
Basic and DA is decided by minimum wage ACT or we can make any % of Salary please suggest
From India, Thane
Acknowledge(0)Amend(0)
From India, Thane
Acknowledge(0)Amend(0)
It's necessary to adhere to the stipulations under the respective state govts' notifications issued from time to time, category wise. There are also, in some cases, bifurcations, especially basic wages & DA components. Though there is no compulsion that every unit should follow the structure/components seriatim, it should be ensured that at least the sum total of all components taken together should not be less than the Minimum stipulated therein & shall form the gross salary of everyone in that respective category(ies) are paid periodically. In this respect, notifications issued by the respective govt(s) should be followed.
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)Gathering data for an AI comment.... Sending emails to relevant members...
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Salary structure CTC 15000.xlsx
HR Manual (Employee Hand Book).doc