For The Month Of

Earning
Basic
HRA
Fixed vs variable ratio- 70:30 Travel allowance
Ctc - 20L
Basic- 50% Incentives
Hra- 20% Gross Earning
Travel allowance- 2000
Insurance - 2500 Net Pay
Incentive with 75% target completion
Pf 12%
Earned leaves - 7

Working Note -

Fixed 1400000
Variable 600000

50% of 14,00,000 For One Month

700000 58333.3333333333

50% of 6,00,000 For One Month

300000 25000

For Incentives
450000
For one month
37500
 For The Month Of March
AMOUNT IN RS. DEDUCTION AMOUNT IN RS.
58,333 Provident Fund 7000
11666.6666666667 Insurance 2500
2000
37500
109,500 Gross Deduction 9500

100,000