SALARY CALCULATION

Yearly & Monthly Break Up of Gross Salary

Basic 65% Name

HRA 10% Dept
City Compensatory Allw. 5%
Conveyance 5% Approved by
Medical 5%
Education 5%
LTC 5% Accounts
Details Yearly Grand Totals Monthly
Gross Salary 350,000 29,167
Basic 227,500 18,958
HRA 35,000 2,917
City Compensatory All 17,500 1,458
Conveyance 17,500 1,458
Medical 17,500 1,458
Educational 17,500 1,458
LTC 17,500 1,458
P.F. ( Employers Contribution 12% of
Basic or Rs 780/- whicever is less 9,360
24 Leaves 23,333
Bonus [ If Applicable] 29,167
other costs
CTC 411,860 29,167 Gross PM
CTC [PM] 34,322
Less : Deduction
P.F. ( Employees Contribution 12% of
Basic or Rs 780/- whicever is less 9,360 780
P.F. ( Employers Contribution 12% of
Basic or Rs 780/- whicever is less - -

Professional Tax- standard 2,400 11,760 200 980

Net Salary Payable 338,240 28,186.67 Net PM
Add Performance Bonus
Net PA 338,240

Enter Values only in Yellow Cells