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Salary Calculation Yearly & Monthly Break Up of Gross Salary

This document provides a yearly and monthly breakdown of an employee's gross salary. It includes the employee's name, department, gross annual salary of Rs. 350,000, and approved by. The gross salary is broken down into yearly and monthly amounts for basic salary (65%), HRA (10%), city compensatory allowance (5%), conveyance (5%), medical (5%), education (5%), and LTC (5%). It also includes details on PF contributions from both employee and employer, 24 leaves, annual bonus if applicable, and other costs. The total yearly CTC is Rs. 411,860 and monthly CTC is Rs. 34,322. Deductions include PF contributions and professional tax. The net annual

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ANKIT_JAIN84
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317 views1 page

Salary Calculation Yearly & Monthly Break Up of Gross Salary

This document provides a yearly and monthly breakdown of an employee's gross salary. It includes the employee's name, department, gross annual salary of Rs. 350,000, and approved by. The gross salary is broken down into yearly and monthly amounts for basic salary (65%), HRA (10%), city compensatory allowance (5%), conveyance (5%), medical (5%), education (5%), and LTC (5%). It also includes details on PF contributions from both employee and employer, 24 leaves, annual bonus if applicable, and other costs. The total yearly CTC is Rs. 411,860 and monthly CTC is Rs. 34,322. Deductions include PF contributions and professional tax. The net annual

Uploaded by

ANKIT_JAIN84
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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SALARY CALCULATION

Yearly & Monthly Break Up of Gross Salary


Basic
65%
HRA
10%
City Compensatory Allw.
5%
Conveyance
5%
Medical
5%
Education
5%
LTC
5%
Details
Gross Salary
Basic
HRA
City Compensatory All
Conveyance
Medical
Educational
LTC
P.F. ( Employers Contribution 12% of
Basic or Rs 780/- whicever is less
24 Leaves
Bonus [ If Applicable]
other costs

Name
Dept
Approved by

Yearly

Grand Totals
350,000
227,500
35,000
17,500
17,500
17,500
17,500
17,500
9,360
23,333
29,167
CTC
CTC [PM]

Less : Deduction
P.F. ( Employees Contribution 12% of
Basic or Rs 780/- whicever is less
P.F. ( Employers Contribution 12% of
Basic or Rs 780/- whicever is less

411,860
34,322

9,360

2,400

Net PA

29,167 Gross PM

780

Professional Tax- standard


Net Salary Payable
Add Performance Bonus

Enter Values only in Yellow Cells

Accounts
Monthly
29,167
18,958
2,917
1,458
1,458
1,458
1,458
1,458

11,760
338,240
338,240

200

980
28,186.67

Net PM

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