SALARY CALCULATION Yearly & Monthly Break Up of Gross Salary

Basic 65% HRA 10% City Compensatory Allw. 5% Conveyance 5% Medical 5% Education 5% LTC 5% Details Gross Salary Basic HRA City Compensatory All Conveyance Medical Educational LTC P.F. ( Employers Contribution 12% of Basic or Rs 780/- whicever is less 24 Leaves Bonus [ If Applicable] other costs Name Dept Approved by

Yearly 350,000 227,500 35,000 17,500 17,500 17,500 17,500 17,500 9,360 23,333 29,167 CTC CTC [PM]

Grand Totals

Accounts Monthly 29,167 18,958 2,917 1,458 1,458 1,458 1,458 1,458

411,860 34,322

29,167 Gross PM

Less : Deduction P.F. ( Employees Contribution 12% of Basic or Rs 780/- whicever is less P.F. ( Employers Contribution 12% of Basic or Rs 780/- whicever is less Professional Tax- standard Net Salary Payable Add Performance Bonus

9,360 2,400 11,760 338,240 Net PA 338,240

780 200 980 28,186.67

Net PM

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