Salary breakup calculator excel 2018

Gross salary per month 137950

Components In salary Percentage Per month Per annum
Basic Salary 45% 62077.5 744930
HRA 20% 27590 331080
Conveyance allowances 0
Special allowances 48282.5 579390
PF contribution by employee 12% 0
ESI contribution by employee 1.75% 0
Professional Tax (PT) 200 2400
Total deductions (PF+ESI+PT) 200 2400
Net Salary (Gross-Total deductions) 137750 1653000

CTC Calculation
Employer PF contribution 13.35% 0
Employer ESI contribution 4.75% 0
CTC= Gross salary + (Employer PF+ ESI) 137950 1655400

Note: The net salary of employee varies if employee has any salary advances & loss
of pays
Change your gross salary to calculate Net salary and CTC

Basic salary should be equal or more than minimum wages, according to that fix percentage

Fixed 1600 in cities and 800 in rural areas

Net salary - all allowances

PT varies from one state to another state, here I have taken Andhra Pradesh Professioanal tax