12 LPA SALARY BREAK UP
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Dear Sujay,Salary breakup should be done by taking income tax point of view into consideration. There is no use in giving conveyance for more than 800 rupees per month because it is taxable after Rs 800/-. HRA should be given at 40% in case of non-metro cities, ...
Hi Swetha,For example:Take gross salary as 10,000/-Basic & DA (60% on gross) = 6000/-HRA (40% on Basic & DA) = 2400/-Conveyance (Fixed) = 800/-Special Allowance (12% on Basic & DA) = 720/-Other Allowance (Balance amount) = 80/-Total Gross = 10,000/-You can chang...
No one will force you to follow, but the act will speak for itself. I agree with Vivek Mishra's comments, and the attached Excel sheet will provide further insight.
Hi Ashok,I appreciate your reply, but deleting if salary above 15000 is not the correct format. Instead, you can use this formula in Excel =IF(Gross <= 15000, Gross * 4.75%, 0) for permanent formatting.Meenakshi
Hi All,Please provide the salary breakup for Rs 1,459,999\. I am a bit confused, so I would appreciate some clarification.Regards,Amit Mishra8882531567
Could you assist me in creating a Cost to Company (CTC) package of 12 Lakhs Per Annum (LPA) for a Sales Manager role? This should include basic salary, House Rent Allowance (HRA), variable pay, overtime (OT), Special Allowance (SA), and Travel Allowance (TA). Th...
Creating a CTC of 12 LPA would need careful consideration of various components. Here's a possible breakdown:**Basic Salary:** It's generally 40-50% of the CTC, so let's take it as 50% here. It would be INR 6,00,000 per annum.**House Rent Allowance (HRA):** It's...
Here's a typical breakdown of a total CTC (Cost to Company) of 30 LPA (Lakhs Per Annum) with 28 LPA fixed and 2 LPA variable:Fixed Component (28 LPA):Basic Salary: This is usually around 40-50% of the total fixed component. Let's take 45% for this example.Basic ...
Can someone help to show the salary break up of the total CTC 30 LPA (28 LPA fixed and 2 LPA variable).
Hi,Sure, I can help break down the salary components for a total Cost to Company (CTC) of 30 LPA (Lakhs Per Annum) with 28 LPA fixed and 2 LPA variable. Here's a common breakdown of salary components typically found in such a CTC:Basic Salary: This is a fixed co...