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Salary Breakup Calculator Excel 1

This document provides a salary breakup calculator in Excel that calculates components of an employee's total salary including basic salary, HRA, allowances, deductions for PF, ESI, and professional tax, and then determines the employee's net salary and total cost to company. It explains the percentages used to calculate each component and notes that net salary and CTC will vary if the employee has any salary advances or loss of pays. The user is instructed to change the gross salary input to recalculate the net salary and CTC.

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Pavan Chetluri
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526 views2 pages

Salary Breakup Calculator Excel 1

This document provides a salary breakup calculator in Excel that calculates components of an employee's total salary including basic salary, HRA, allowances, deductions for PF, ESI, and professional tax, and then determines the employee's net salary and total cost to company. It explains the percentages used to calculate each component and notes that net salary and CTC will vary if the employee has any salary advances or loss of pays. The user is instructed to change the gross salary input to recalculate the net salary and CTC.

Uploaded by

Pavan Chetluri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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SALARY BREAKUP CALCULATOR IN EXCEL 2022

Gross salary per month 25000


Components In salary Percentage Per month Per annum
Basic Salary 45% 11250 135000
HRA (calculated on basic wage) 40% 4500 54000
Conveyance allowances (Fixed) 1600 19200
Medical allowances (Fixed) 1250 15000
Special allowances (Balance amount) 6400 76800
Total Gross Salary 25000 300000
PF contribution by employee (on basic) 12% 1350 16200
ESI contribution by employee (on gross) 0.75% 0 0
Professional Tax (PT) (Different for each state) 150 1800
Total deductions (PF+ESI+PT) 1500 18000
Net Salary (Gross-Total deductions) 23500 282000

CTC Calculation
Employer PF contribution (with admin charges) 13% 1463 17550
Employer ESI contribution 3.25% 0 0
CTC= Gross salary + (Employer PF+ ESI) 26463 317550

Note: The net salary of employee varies if employee has any salary advances & loss of
pays
Change your gross salary to calculate Net salary and CTC

Basic salary should be equal or more than minimum wages, according to that fix percentage

Fixed 1600 in cities and 800 in rural areas

Net salary - all allowances

PF is applicable if basic wage is less than or equal to 15000 Rs


ESI is calculated if gross salary is less than or equal to 21000 Rs
Professional tax slab rates in each state

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