Total CTC 1200000.

00
PLI - Variable Pay
Fixed 1200000.00
Components Amount - Annually Monthly Formula and Conditions
Basic 480000.00 40000.00 40% of Basic Pay
Dearness Allowance 81600.00 6800.00 17% of Basic
House Rent Allowance 224640.00 18720.00 40% of Basic + DA
Conveyance Allowance 19200.00 1600.00 Exemted Amount
Medical Reimbursement 15000.00 1250.00 Exemted Amount
Leave Travel Allowance 40000.00 3333.33 1 month of Basic salary
Child Education 2400.00 200.00 Exemted Amount
Child Hostel 7200.00 600.00 Exemted Amount
Gratuity 0.00 4.81% of Basic
Provident Fund 67392.00 5616.00 12% of Basic + DA
Grade Pay 262568 21880.67 Balance Amount
Variable Pay 0.00 0.00 PLI Incentive pay
Total CTC 1200000.00 100000.00
 CTC
Take Home
Basic 40000.00
Dearness Allowance 6800.00
House Rent Allowance 18720.00
Conveyance Allowance 1600.00
Medical Reimbursement 1250.00
1600*12 Leave Travel Allowance 3333.33
Child Education 200.00
Grade Pay 21880.67
100*2*12 Child Hostel 600.00
300*2*12 Variable pay
Total (A) 94384.00
Deductions
Professional Tax 200.00
Provident Fund 5616.00
Gratuity
TDS 2500.00
Total (B) 8316.00
Take Home 86068.00
Describe the CTC Structure of a General Manager - Marketing working in Pantaloons, K
with the below break-ups. Kindly calculate the yearly break-up and monthly take hom
structure

Conditions Applicable:

a. CTC – RS. 10,00,000/-

b. Fixed Salary - Rs. 7,50,000/-
c. Employer PF is included in CTC
d. No gratuity
rking in Pantaloons, Kalyani Nagar, Pune for 3 years
and monthly take home into a good compensation

able:

,000/-
50,000/-
ed in CTC
CTC 2100000
Annual
Basic 840000.00
Dearness Allowance 142800.00
House Rent Allowance 393120.00
Conveyance Allowance 19200
Medical Reimbursement 15000
Leave Travel Allowance 70000
Child Education 2400
Child Hostel 7200
Employee Provident Fund 117936.00
Employer Provident Fund 117936.00
Accomdation Allowance 84000
Gratuity 0
Grade Pay 290408.00
Total 2100000.00
 2100000
CTC Structure
Annually Monthly
Basic 840000 70000
Dearness Allowance 142800 11900
House Rent Allowance 393120 32760
Conveyance Allowance 19200 1600
Medical Reimbursement 15000 1250
Leave Travel Allowance 70000 5833
Child Education 2400 200
Child Hostel 7200 600
Accomdation Allowance 84000 7000
Grade Pay 290408 24201
Total (A) 1864128 155344 Gross Salary
Deductions
Provident Fund - Employee 117936 9828
Provident Fund - Employer 117936 9828
Professional Tax 2400 200
TDS 30000 2500
ESIC 0 0
Gratuity 0 0
Total (B) 268272 22356
Take Home A-B 1595856 132988 Net Salary
ross Salary

Net Salary
Describe the CTC Structure of a General Manager - Marketing working in Pantaloons, K
with the below break-ups. Kindly calculate the yearly break-up and monthly take hom
structure

Conditions Applicable:

a. CTC – RS. 10,00,000/-

b. Employer PF is NOT included in CTC
d. No gratuity
rking in Pantaloons, Kalyani Nagar, Pune for 3 years
and monthly take home into a good compensation

able:

,000/-
luded in CTC
Describe the CTC Structure of a HR Manager working in Tata Motors, Goa for 5 yea
Kindly calculate the yearly break-up and monthly take home into a good com

Conditions Applicable:

a. CTC – RS. 15,00,000/-

b. Employer PF is included in CTC
Motors, Goa for 5 years with the below break-ups.
home into a good compensation structure

able:

,000/-
ded in CTC
Describe the CTC Structure of a CEO working in Reliance Insur., Mumbai for 4 yea
Kindly calculate the yearly break-up and monthly take home into a good com

Conditions Applicable:

a. CTC – RS. 21,00,000/-

b. Fixed Salary - 17,00,000/-
ur., Mumbai for 4 years with the below break-ups.
home into a good compensation structure

able:

,000/-
00,000/-
 Calculate Grade Pay/Special Allowance CTC Calculation
CTC Components Formula Amount CTC Components
Basic Salary BS = 50% of CTC 775000 Basic Salary
DA DA = 17% of BS 131750 DA
HRA HRA = 40% of (BS+DA) 362700 HRA
Conv. A/W. CA = Rs. 19,200 19200 Conv. A/W.
Medical A/W. MA = Rs. 15,000 15000 Medical A/W.
Child Edu. A/w. CEA = 100*2*12=2,400 Rs. 2400 Child Edu. A/w.
Child Hostel A/w. CHA = 300*2*12 = 7,200 Rs. 7200 Child Hostel A/w.
Leave Travel A/W. LTA = 1 Month of BS 64583 Leave Travel A/W.
Employee PF PF = 12% of BS+DA 108810 Grade Pay
Employer PF PF = 12% of BS+DA 0 Total (A) Addition (Gross Salary)
Gratuity Gratuity = 4.81% of BS 0 Employee PF
ESIC ESIC = 0.75% of Gross Salary 0 Employer PF
Total (A) 1486643 Gratuity
Grade Pay = CTC - Total (A) 63357 ESIC

Professional Tax
TDS
Total (B) Deduction Amount
Net Salary (Take Home Salary) = Gross Salary -
Deduction
 CTC Calculation
Formula Annual Monthly
BS = 50% of CTC 775000 64583
DA = 17% of BS 131750 10979
HRA = 40% of (BS+DA) 362700 30225
CA = Rs. 19,200 19200 1600
MA = Rs. 15,000 15000 1250
CEA = 100*2*12=2,400 Rs. 2400 200
CHA = 300*2*12 = 7,200 Rs. 7200 600 TDS
LTA = 1 Month of BS 64583 5382 1
GP = CTC - CTC Components 63357 5280 2
Total (A) Addition (Gross Salary) 1441190 120099 3
PF = 12% of BS+DA 108810 9068
PF = 12% of BS+DA 0 0
Gratuity = 4.81% of BS 0 0
ESIC = 0.75% of Gross Salary 0 0
PT = Rs. 2,500 (11 Month -
200Rs. 12th Month - 300Rs.) 2500 200
TDS = Rs. 30,000 30000 2500
Total (B) Deduction Amount 141310 11767.5
alary (Take Home Salary) = Gross Salary - 1299880 108332
Deduction
 Profile CMO
Company Name Canara Bank
Location Kanpur - Uttar pradesh - Urban
Fixed Salary 1550000
Experience 4 Years

Calculated - BS
BS Per month Below Rs. 10000 175 per annum
BS Per month Between 10,001 To 20,000 Rs. 2500 Per annum
BS Per month Above Rs. 20,001 Rs. 30,000 Per annum