80000 20000
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What is the salary breakdown of $17,000, please.
Hi, I hope we can add and make changes to the package:Basic: 8000HRA: 4000Conveyance: 800 (Tax exempted 800 per month)CCA: 2000Special Allowance: 2000Medical Reimbursement: 1250 (Tax exempted but need to produce bills)Gross: 18050Employer's PF: 960LTA: 1200CTC: ...
CTC 2.3L - How to calculate monthly salary:Basic, HRA, Conveyance, ESI, PF.
Hi Shushank,Salary Breakup as follows:Basic - 9000HRA - 2250Conveyance - 800Special Allowance - 6345Gross - 18395PF - 780Gratuity - 433Personal Accident Insurance - 100CTC - 20000Thank you.
Salary components vary as per company/organization norms and as per standard rates that are already fixed by different authorities. Therefore, it is important to discuss these components with individuals who specialize specifically in payroll and compensation st...
There are a few corrections needed in your input:"Nothing wrong in paying more PF. Actually, employees are more benefited instead of paying PF limiting to Rs. 780/-."Please find the revised version below:"Nothing is wrong with paying more PF. Actually, employees...
Hi there,I am tasked with drafting a salary structure for a candidate whose Cost to Company (CTC) would be 80,000.00 per month. I aim to create a structure with minimal tax deductions. The employee will be based in Delhi.Please assist me with this task.Thank you...
Hello Aksh,Please refer to the attachment and let me know if there is anything else you are looking for.Thank you.
Dear Manish,First, let me know your company policy. Some companies will deduct the PF at 12% even if the basic+da is more than 6500/- (the same amount will be added by the employer). On the other hand, some companies deduct only for the slab level, i.e., 780/- (...
Dear Manish,An employee can voluntarily contribute more than 780/- per month to their PF account, but the employer cannot be compelled to pay more than 780/- per month.Dr. Prasad Bhanage