40000 Salary Breakup

I think a breakup for Rs. 40,000 should be like this:Basic Salary - 45% of 40,000, which is 18,000HRA - 40% of Basic - 7,200Education Allowance - 200Conveyance Allowance - 800Medical Allowance - 1,250Other Allowances - 12,550

Dear Shabina,My dear friends have suggested the salary structure keeping in mind the income tax liability, but some of my friends have not considered the liability of PF (although it can be avoided within the available act for new members only). It is advisable ...

Hi Shabina,Let me give you an idea of the break-up for any CTC assigned to an employee.Usually, we take:Basic salary: 50% of CTC (No thumb rule)HRA: 50% of Basic salary for "A" class cities and 40% for "B" class cities P.S. cities under the minimum wages act.Con...

Dear Shabina,Salary breakup of Rs. 40,000/-Basic Salary - Rs. 16,000/-HRA - Rs. 8,000/-Conv. Allowance - Rs. 4,000/-City Comp. Allowance - Rs. 4,000/-Mediclaim Allowance - Rs. 4,000/-Traveling Allowance - Rs. 4,000/-Regards,Radhey9289028034

There is no such standard rule to make the breakup. A breakup should be prepared in such a way as to minimize the tax liability. To minimize the tax liability, some factors are HRA, food vouchers, traveling, House Furnishing Allowance, Medical Reimbursement, Chi...

Dear Shabina,You can take 40% as the basic of CTC, i.e.:Basic = 16000HRA = 8000Transport Reim = 5000Medical Reim = 1000Other Allowance = 5780Gross Salary (A) = 35780/-PF @ 12% = 1920LTA @ 10% = 1600Bonus = 700 (20% of Basic for Bonus calculation, i.e., 3500/-)To...

Dear HR professionals,Please provide me with the salary breakdown for a 40000 CTC.

Hello,Given that you've specified a gross salary of 40000 INR per month with no PF/ESI deductions or Professional tax deductions, and you want a take-home salary of 33000 INR, the salary breakup could look like this:1\. Basic Salary: The basic salary is usually ...