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Salary Breakdown Analysis

1. The document outlines the components of an employee's compensation package and deductions. It includes basic pay, allowances, employer and employee contributions to funds, gross and net salary amounts. 2. Major components are basic pay (35-50%), housing allowance (17-25%), and special allowance (20-23%). Employer contributions are made to ESI and PF funds. 3. Deductions include taxes, PF contributions by employee and employer, ESI contributions, and other allowances. Net take home salary before taxes ranges from Rs. 11,895 to Rs. 12,307 per month.

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227 views7 pages

Salary Breakdown Analysis

1. The document outlines the components of an employee's compensation package and deductions. It includes basic pay, allowances, employer and employee contributions to funds, gross and net salary amounts. 2. Major components are basic pay (35-50%), housing allowance (17-25%), and special allowance (20-23%). Employer contributions are made to ESI and PF funds. 3. Deductions include taxes, PF contributions by employee and employer, ESI contributions, and other allowances. Net take home salary before taxes ranges from Rs. 11,895 to Rs. 12,307 per month.

Uploaded by

tarique1189040
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLS, PDF, TXT or read online on Scribd
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Components % age Monthly Annual

Basic Pay 50 35% 7,000 84,000


House Rent Allowance 25 4% 536 6,434
Special Allowance 0 22% 3,724 44,688
Conveyance Allowance 2.5 1,000 11,995
Medical Allowance 2.7 1,000 11,995
Edu Allow 740 8,877
39%
ESI Contribution by Employer 3.92 665 Yes 7,980
PF Contriubtion by Employer 6 1,466 15,289 Yes 15,444
Bonus 10 625 267.5596 7,500
Gratuity 6,187
Accidental Insu -
Gross CTC 100% 16,755 14,000 205,100
Professions Tax 200 2,500
PF Contriubtion by Employer 1,466 15,444
PF Contriubtion by Employee 1,287 15,444
ESI Contribution by Employer 665 7,980
ESI Contribution by Employee 245 2,940
Edu Allow - -
Bonus 625 7,500
Total Deductions 4,488 44,308
Net Take Home before TDS 12,267 160,793

Note:
TDS as applicable
Gratuity is subject to on completion of five years of continous service
Basic + SA 10,724
Total Salary 13,999
Bonus 7500
Components Monthly Annual
Basic Pay 5,250 63,000
House Rent Allowance 2,625 31,500
Special Allowance 3,385 40,620
Conveyance Allowance 800 9,600
Medical Allowance 1,250 15,000
Mobile 500 6,000
ESI Contribution by Employer 250 3,000
PF Contriubtion by Employer 715 8,580
Medi Claim 225 2,700
Gross CTC 15,000 180,000
Professions Tax 110 1,320
PF Contriubtion by Employer 715 8,580
PF Contriubtion by Employee 630 8,580
ESI Contribution by Employer 250 3,000
ESI Contribution by Employee 263 3,156
Mobile 500 6,000
Medi Claim 225 2,700
Total Deductions 2,693 24,636
Net Take Home before TDS 12,307 155,364
Note: Insert CTC proposed in Cell # E15

Components % age Monthly


Basic Pay 35% 5,250
House Rent Allowance 18% 2,625
Special Allowance 23% 3,385
Conveyance Allowance 800
Medical Allowance 1,250
Mobile 500
25%
ESI Contribution by Employer 250 Yes
PF Contriubtion by Employer 715 Yes
Medi Claim 225
Gross CTC 100% 15,000 15,000
Professions Tax 110
PF Contriubtion by Employer 715
PF Contriubtion by Employee 630
ESI Contribution by Employer 250
ESI Contribution by Employee 263
Mobile 500
Medi Claim 225
Total Deductions 2,693
Net Take Home before TDS 12,307
Annual
63,000
31,500
40,620
9,600
15,000
6,000
3,000
8,580
2,700
180,000
1,320
8,580
8,580
3,000
3,156
6,000
2,700
24,636
155,364
Note: Insert CTC proposed in Cell # E15

Components % age Monthly


Basic Pay 50 35% 5,100
House Rent Allowance 25 17% 2,550
Special Allowance 0 20% 3,200
Conveyance Allowance 2.5 800
Medical Allowance 2.7 1,250
Mobile 500
28%
ESI Contribution by Employer 3.92 681 Yes
PF Contriubtion by Employer 6 697 14,306 Yes
Medi Claim 10 225 250.3543
Gross CTC 100% 15,003 15,000
Professions Tax 130
PF Contriubtion by Employer 697
PF Contriubtion by Employee 612
ESI Contribution by Employer 681
ESI Contribution by Employee 263
Mobile 500
Medi Claim 225
Total Deductions 3,108
Net Take Home before TDS 11,895
Annual
61,200
30,600
38,400
9,600
15,000
6,000
8,172
8,366
2,700
180,038
1,560
8,366
8,366
8,172
3,156
6,000
2,700
29,620
150,418

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