Salary Break up

Name ###

Designation

Basic and Other Allowances Details:

Cash Flow Head Monthly Yearly Mode of payment
Basic Salary 60,500.00 726,000.00
House Rent Allowance 30,250.00 363,000.00
Conveyance Allowance 800.00 9,600.00 Monthly
Medical Allowances 1,250.00 15,000.00
Telephone 1,000.00 12,000.00
Petrol & Maintenance 2,000.00 24,000.00
Food Coupon 2,600.00 31,200.00
Other Allowances 22,600.00 271,200.00
Monthly / Yearly Gross (a) 121,000.00 1,452,000.00
Deductions
PPF 780.00 9,360.00
Professional Tax 200.00 2,400.00
LWF 15.00 180.00 Monthly

Total (b) 995.00 11,940.00

Incentives
Leave Travel Allowance (LTA) 1,650.00 19,800.00
Bonus 5,039.65 60,475.80
Yearly
Leave encashment 3,394.05 40,728.60
Total ( c ) 10,083.70 121,004.40
Benefits
Gratuity @ 4.81% of basic salary 2,910.05 15,000.00
Group Medical Insurance and Personal Accident Cover
Policy - Premium 2,000.00 24,000.00
Total ( d ) 4,910.05 39,000.00
Total CTC (a-b+c+d) 139,389.00 1,600,064.40

* Gratuity (Eligibility for Gratuity: 5 years of Service )

* Applicable Taxes will be deducted from Nett Salary
For

Director

Signature of the Employee Date