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Gross Amount Parameters % of Gross % of Basic Rupee 75,000 Actual Structure of Gross Salary

This document outlines the structure and breakdown of an employee's gross salary of Rs. 75,000. It includes: - The basic pay is Rs. 30,000 which is 40% of the gross salary. - There are several allowances that make up 86.3% of the gross salary including HRA, conveyance, communication, and more. - Deductions include 4.8% for employee PF contributions and employer PF contributions of 12% of basic salary. - Annual payments include a bonus of 4% of basic salary and contributions to social security benefits.

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Gunjan Solanki
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161 views1 page

Gross Amount Parameters % of Gross % of Basic Rupee 75,000 Actual Structure of Gross Salary

This document outlines the structure and breakdown of an employee's gross salary of Rs. 75,000. It includes: - The basic pay is Rs. 30,000 which is 40% of the gross salary. - There are several allowances that make up 86.3% of the gross salary including HRA, conveyance, communication, and more. - Deductions include 4.8% for employee PF contributions and employer PF contributions of 12% of basic salary. - Annual payments include a bonus of 4% of basic salary and contributions to social security benefits.

Uploaded by

Gunjan Solanki
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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STRUCTURE OF GROSS SALARY

Actual
Gross
Parameters
% of Gross % of Basic
Gross Salary

Amount
Rupee
75,000

Basic Pay
HRA
Conveyance Allowance
Communication Allowance
Self Development Allowance
Children Education Allowance
Uniform Allowance
Medical Allowance
Performance Allowance
Special Allowance
TOTAL
less employee pf
Total Monthly Benefits

40.00%
18.00%
6.40%
4.00%
4.00%
1.90%
2.40%
3.20%
6.40%
0.00%
86.30%
4.80%
81.50%

YEARLY PAYMENT
Bonus

4.00%

10.00%

3,000

2.50%
2.40%
4.80%
100.00%

6.25%
6.00%
12.00%

1,875
1,800
3,600
75,000

SOCIAL SECURITY BENEFITS


Risk Management *
Welfare Fund (Gratuity)
EMPLOYER PF
Gross

45.00%
16.00%
10.00%
10.00%
4.75%
6.00%
8.00%
16.00%
0.00%
12.00%

30,000
13,500
4,800
3,000
3,000
1,425
1,800
2,400
4,800
64,725
3,600
61,125

Note:
1. Conveyance Allowance is 6.4% subject to max limit of Rs. 4,800/- for car and
Rs. 800/- for two-wheeler. Car limit will be provided subject to production of RC
(in the name of members) to respective unit HR.
2. Special Allowance shall comprise of balance % after accounting of conveyance
allowance as per the salary and condition thereof to make a total gross % of
86.30%.

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