SI.NO.

Components
1 CTC
2 Fixed Salary
3 Variable Salary
4 Basic Salary
5 Dearness Allowance (DA)
6 House Rent Allowance
7 Conveyance Allowance
8 Medical Allowance
9 Leave Travel Allowance
10 Child Education Allowance
11 Child Hostel Allowance
Conditions
Cost to Company - Total Salary
Constant salary credit to the employee
Incentive Pay - Target or Goals Achieve
Paid to the employee based on the
company location - 3 Category = Urban,
Semi-Urban and Rural
DA = Inflation taken place in the econom.
Condition
HRA = Rent allowance provided to the
employee for their accomd. Purpose
CA = Home to company premises and
Vice Versa
MA = Baisc expenses medical happen to
the employee in monthly
LTA = Once in Two Years - Rembur. On
your travel and accomdation
CEA = Money give to the employee for
their childrens education - Maximum 2
Kids
CEA = Money give to the employee for
their childrens hostel facility - Maximum
2 Kids

PF - Saving plan for the employee - Two

Contribution - Employee and Employer -
12 Provident Fund
Employee Cancel = Monthly Basic Salary
should be more than Rs. 15,001/-

Gratuity = Saving Purpose - Employee

13 Gratuity should complete 4.8 Years in the same
company - Eligible for Gratuity
ESIC = Below Rs. 21,000/ Per Month -
14 ESIC Medical Purpose - Employee contribution
and Employer Contribution
PT = Employee who will be covered
under Professional - PT to the respective
15 Professional Tax
state government - performing
professionalism
TDS = Tax Deduction at Source -
Monetary transaction - Tax need to be
16 TDS
paid - Employee Need to pay TAX to
Employer
17 Gross Salary Addition part of your CTC Components

18 Net Salary After the Deduction

19 Grade Pay / Special Allowance Adjust amount

 Formula
CTC = Fixed salary + Variable Salary
FS = CTC - Variable Pay
VP = CTC - Fixed Salary

Urban = 50% of CTC or FS; Semi-Urban = 40% of CTC

or FS; Rural = 30% or 35% of CTC or FS

DA = 17% of Basic Salary

HRA = 40% of (BS+DA)

CA = Rs. 19,200/- Per annum = Rs. 1,600/- Per Month

MA = Rs. 15,000//- Per Annum = Rs. 1,250/- Per Month

LTA = 1 Month of your BS

CEA = 100*2*12 = Rs. 2,400/- Perannum

CHA = 300*2*12 = Rs.7,200/- Perannum

PF = 12% of (BS + DA)

Gratuity = 4.81% of Basic Salary + DA

ESIC = 4% of Gross Salary (Employee = 0.75%

Employer = 3.25%)

PT = Rs. 2,500/- Per Annum (11Months = Rs. 200/-

12th Month Rs. 300/-)

Depends according to the income tax process

 GS = CTC Components
(BS+DA+HRA+CA+MA+LTA+CEA+CHA+Grade
Pay)
Net Salary = GS - Deducation
(PF+GRATUITY+ESIC+TDS+PT)
GP = CTC - CTC Component
(BS+DA+HRA+CA+MA+LTA+CEA+CHA+PF+GRA
TUITY+ESIC)
SI.NO. Components Conditions

1 CTC Cost to Company - Total Salary

2 Fixed Salary
3 Variable Salary
4 Basic Salary
5 Dearness Allowance (DA)
6 House Rent Allowance
7 Conveyance Allowance
8 Medical Allowance
9 Leave Travel Allowance
10 Child Education Allowance
11 Child Hostel Allowance
Constant salary credit to the employee
Incentive Pay - Target or Goals Achieve
Paid to the employee based on the
company location - 3 Category = Urban,
Semi-Urban and Rural
DA = Inflation taken place in the econom.
Condition
HRA = Rent allowance provided to the
employee for their accomd. Purpose
CA = Home to company premises and
Vice Versa
MA = Baisc expenses medical happen to
the employee in monthly
LTA = Once in Two Years - Rembur. On
your travel and accomdation
CEA = Money give to the employee for
their childrens education - Maximum 2
Kids
CEA = Money give to the employee for
their childrens hostel facility - Maximum
2 Kids

PF - Saving plan for the employee - Two

Contribution - Employee and Employer -
12 Provident Fund
Employee Cancel = Monthly Basic Salary
should be more than Rs. 15,001/-

Gratuity = Saving Purpose - Employee

13 Gratuity should complete 4.8 Years in the same
company - Eligible for Gratuity
ESIC = Below Rs. 21,000/ Per Month -
14 ESIC Medical Purpose - Employee contribution
and Employer Contribution
PT = Employee who will be covered
under Professional - PT to the respective
15 Professional Tax
state government - performing
professionalism
 TDS = Tax Deduction at Source -
Monetary transaction - Tax need to be
16 TDS
paid - Employee Need to pay TAX to
Employer

17 Gross Salary Addition part of your CTC Components

18 Net Salary After the Deduction

19 Grade Pay / Special Allowance Adjust amount

 Mr. Raghu - VP Marketing -
Formula Britannia - 5 Years - Location Monthly
Pune
CTC = 20,00,000 (VS -
CTC = Fixed salary + Variable Salary
5,00,000)
FS = CTC - Variable Pay 1500000
VP = CTC - Fixed Salary 500000
Urban = 50% of CTC or FS; Semi-
Urban = 40% of CTC or FS; Rural =
30% or 35% of CTC or FS 750000 62500

DA = 17% of Basic Salary

127500 10625

HRA = 40% of (BS+DA)

351000 29250
CA = Rs. 19,200/- Per annum = Rs.
1,600/- Per Month 19200 1600
MA = Rs. 15,000//- Per Annum = Rs.
1,250/- Per Month 15000 1250

LTA = 1 Month of your BS

62500 5208.333

CEA = 100*2*12 = Rs. 2,400/-

Perannum
2400 200

CHA = 300*2*12 = Rs.7,200/-

Perannum
7200 600

PF = 12% of (BS + DA)

105300 8775

Gratuity = 4.81% of Basic Salary

36075 3006.25

ESIC = 4% of Gross Salary (Employee

= 0.75% Employer = 3.25%)

PT = Rs. 2,500/- Per Annum (11Months

= Rs. 200/- 12th Month Rs. 300/-)
2500 200
 Depends according to the income tax
process

GS = CTC Components
(BS+DA+HRA+CA+MA+LTA+CEA+
CHA+Grade Pay)
Net Salary = GS - Deducation
(PF+GRATUITY+ESIC+TDS+PT)
GP = CTC - CTC Component
(BS+DA+HRA+CA+MA+LTA+CEA+
CHA+PF+GRATUITY+ESIC)
SI.NO. Roll No. Company Name Location Profile

1 DM21A01 Exide Industries Mumbai Maintenance Engineer

2 DM21A02 Exide Life Insurance Delhi Marketing Manager
3 DM21A03 Federal Bank Noida Finance Executive
4 DM21A04 Flipkart Chennai Marketing Manager
5 DM21A05 Force Motors Kolkata HR Executive
6 DM21A06 Fortis Healthcare Pune Finance Executive
7 DM21A07 Future Group Goa Brand Manager
8 DM21A08 GAIL Banagalore Product Manager
9 DM21A09 GoAir Airlines Hyderabad Software Engineer
10 DM21A10 Godrej Group Trichy Sales Executive
11 DM21A11 Haldiram's Ghaziabad Product Design Engineer
12 DM21A12 Havells Udaipur Marketing Executive
13 DM21A13 Hawkins Cookers Baroda HR Executive
14 DM21A14 HCL Technologies Ahmedabad Finance Executive
15 DM21A15 HDFC Bank Gurgaon CFO
16 DM21A16 Hero FinCorp Shimla Brand Manager
17 DM21A17 Hero MotoCorp Hubli Sr. Finance Executive
18 DM21A18 Hindustan Motors Pondicherry Recruiter
19 DM21A19 Hindustan Times Jaipur Talent Management
20 DM21A20 iball Lucknow Market Analyst
21 DM21A21 ICICI Bank Agra CTO
22 DM21A22 IDBI Bank Indore Market Advisor
23 DM21A23 Idea Cellular Patna CRM Executive
24 DM21A24 India Cements Kochi CHRO
25 DM21A25 Nirma Surat Sales Person
26 DM21A26 Onida Electronics Chandigarh Packaging manager
27 DM21A27 Pantaloons Fashion & Retail Varanasi Marketing Manager
28 DM21A28 Parle Agro Kanpur CMO
29 DM21A29 Parle Products Nagpur Sr. Finance Executive
30 DM21A30 Pidilite Industries Coimbatore HR Executive
31 DM21A31 Piramal Enterprises Jodhpur Marketing Manager
32 DM21A32 Ranbaxy Laboratories Bhubaneswar CHRO
33 DM21A33 Raymond Group Amritsar Sr. Marketing Manager
34 DM21A34 Rediff.com Guwahati Product Manager
35 DM21A35 Indiabulls Madurai Finance Executive
36 DM21A36 Indian Bank Mangalore Accountant
37 DM21A37 Indian Express Limited Vijayawada Marketing Manager
38 DM21A38 HDFC Dehradun Marketing Manager
39 DM21A39 SWIGGY Vadodara Finance Manager
40 DM21A40 ACC Limited Jabalpur Client Manager
41 DM21A41 Air India Mysuru Assistant Marketing Manager
42 DM21A42 IndusInd Bank Raipur Credit Manager
43 DM21A43 Infibeam Vellore Product Manager
44 DM21A44 Infosys Visakapatinam NPD Manager
45 DM21A45 Infosys BPO Amaravathi Software Design Engineer
46 DM21A46 Inkfruit Basti Marketing Sr. Manager
47 DM21A47 InMobi Durgapur Marketing Manager
48 DM21A48 Intelenet Global Services Jalandar Service Manager
49 DM21A49 Intex Technologies Hinjiwadi Product Manager
50 DM21A50 ITC Karaikal HR Executive
51 DM21A51 Ittiam Systems Suri HR Manager
52 DM21A52 XOLO Pimpri R&D Manager
53 DM21A53 Yatra Port Blair Finance Advisor
54 DM21A54 Yepme Kolapur Store Manager
55 DM21A55 Yes Bank Nashik Loan Manager
56 DM21A56 Zee Entertainment Enterprises Tirupati Product Design Manager
57 DM21A57 Amazon Prime Bangalore Product Manager
58 DM21A58 Wipro Chennai Software Design Engineer
59 DM21A59 Britannia pune Sales Person
60 DM21A60 Samsung Mumbai NPD Manager
61 DM21A61 Pepsico Delhi Packaging manager
Experience
in the CTC
company
4 500000
1 600000
3 500000
3 750000
3 800000
5 550000
5 750000
3 600000
3 750000
2 500000
4 400000
4 550000
2 450000
2 300000
5 750000
4 550000
2 650000
2 650000
4 600000
2 750000
2 1500000
5 550000
5 750000
3 1350000
3 600000
2 550000
4 850000
4 105000
2 350000
2 450000
3 800000
3 350000
5 900000
5 400000
3 350000
3 400000
2 650000
4 750000
4 750000
2 800000
2 450000
3 600000
2 800000
1 850000
3 550000
3 950000
5 675000
5 600000
3 550000
3 750000
2 550000
4 750000
4 675000
2 550000
2 550000
3 750000
2 800000
3 550000
2 950000
3 675000
2 600000
SI.NO. Roll No. Company Name Location Profile
1 DM21B01 Exide Industries Mumbai Maintenance Engineer
2 DM21B02 Exide Life Insurance Delhi Marketing Manager
3 DM21B03 Federal Bank Noida Finance Executive
4 DM21B04 Flipkart Chennai Marketing Manager
5 DM21B05 Force Motors Kolkata HR Executive
6 DM21B06 Fortis Healthcare Pune Finance Executive
7 DM21B07 Future Group Goa Brand Manager
8 DM21B08 GAIL Banagalore Product Manager
9 DM21B09 GoAir Airlines Hyderabad Software Engineer
10 DM21B10 Godrej Group Trichy Sales Executive
11 DM21B11 Haldiram's Ghaziabad Product Design Engineer
12 DM21B12 Havells Udaipur Marketing Executive
13 DM21B13 Hawkins Cookers Baroda HR Executive
14 DM21B14 HCL Technologies Ahmedabad Finance Executive
15 DM21B15 HDFC Bank Gurgaon CFO
16 DM21B16 Hero FinCorp Shimla Brand Manager
17 DM21B17 Hero MotoCorp Hubli Sr. Finance Executive
18 DM21B18 Hindustan Motors Pondicherry Recruiter
19 DM21B19 Hindustan Times Jaipur Talent Management
20 DM21B20 iball Lucknow Market Analyst
21 DM21B21 ICICI Bank Agra CTO
22 DM21B22 IDBI Bank Indore Market Advisor
23 DM21B23 Idea Cellular Patna CRM Executive
24 DM21B24 India Cements Kochi CHRO
25 DM21B25 Nirma Surat Sales Person
26 DM21B26 Onida Electronics Chandigarh Packaging manager
27 DM21B27 Pantaloons Fashion & Retail Varanasi Marketing Manager
28 DM21B28 Parle Agro Kanpur CMO
29 DM21B29 Parle Products Nagpur Sr. Finance Executive
30 DM21B30 Pidilite Industries Coimbatore HR Executive
31 DM21B31 Piramal Enterprises Jodhpur Marketing Manager
32 DM21B32 Ranbaxy Laboratories Bhubaneswar CHRO
33 DM21B33 Raymond Group Amritsar Sr. Marketing Manager
34 DM21B34 Rediff.com Guwahati Product Manager
35 DM21B35 Indiabulls Madurai Finance Executive
36 DM21B36 Indian Bank Mangalore Accountant
37 DM21B37 Indian Express Limited Vijayawada Marketing Manager
38 DM21B38 HDFC Dehradun Marketing Manager
39 DM21B39 SWIGGY Vadodara Finance Manager
40 DM21B40 ACC Limited Jabalpur Client Manager
41 DM21B41 Air India Mysuru Assistant Marketing Manager
42 DM21B42 IndusInd Bank Raipur Credit Manager
43 DM21B43 Infibeam Vellore Product Manager
44 DM21B44 Infosys Visakapatinam NPD Manager
45 DM21B45 Infosys BPO Amaravathi Software Design Engineer
46 DM21B46 Inkfruit Basti Marketing Sr. Manager
47 DM21B47 InMobi Durgapur Marketing Manager
48 DM21B48 Intelenet Global Services Jalandar Service Manager
49 DM21B49 Intex Technologies Hinjiwadi Product Manager
50 DM21B50 ITC Karaikal HR Executive
51 DM21B51 Ittiam Systems Suri HR Manager
52 DM21B52 XOLO Pimpri R&D Manager
53 DM21B53 Yatra Port Blair Finance Advisor
54 DM21B54 Yepme Kolapur Store Manager
55 DM21B55 Yes Bank Nashik Loan Manager
56 DM21B56 Zee Entertainment Enterprises Tirupati Product Design Manager
57 DM21B57 Amazon Prime Bangalore Product Manager
58 DM21B58 Wipro Chennai Software Design Engineer
59 DM21B59 Britannia pune Sales Person
60 DM21B60 Samsung Mumbai NPD Manager
61 DM21B61 Pepsico Delhi Packaging manager
Experience in the
CTC
company
4 500000
1 600000
3 500000
3 750000
3 800000
5 550000
5 750000
3 600000
3 750000
2 500000
4 400000
4 550000
2 450000
2 300000
5 750000
4 550000
2 650000
2 650000
4 600000
2 750000
2 1500000
5 550000
5 750000
3 1350000
3 600000
2 550000
4 850000
4 105000
2 350000
2 450000
3 800000
3 350000
5 900000
5 400000
3 350000
3 400000
2 650000
4 750000
4 750000
2 800000
2 450000
3 600000
2 800000
1 850000
3 550000
3 950000
5 675000
5 600000
3 550000
3 750000
2 550000
4 750000
4 675000
2 550000
2 550000
3 750000
2 800000
3 550000
2 950000
3 675000
2 600000
SI.NO. Roll No. Company Name Location Profile
1 DM21C01 Exide Industries Mumbai Maintenance Engineer
2 DM21C02 Exide Life Insurance Delhi Marketing Manager
3 DM21C03 Federal Bank Noida Finance Executive
4 DM21C04 Flipkart Chennai Marketing Manager
5 DM21C05 Force Motors Kolkata HR Executive
6 DM21C06 Fortis Healthcare Pune Finance Executive
7 DM21C07 Future Group Goa Brand Manager
8 DM21C08 GAIL Banagalore Product Manager
9 DM21C09 GoAir Airlines Hyderabad Software Engineer
10 DM21C10 Godrej Group Trichy Sales Executive
11 DM21C11 Haldiram's Ghaziabad Product Design Engineer
12 DM21C12 Havells Udaipur Marketing Executive
13 DM21C13 Hawkins Cookers Baroda HR Executive
14 DM21C14 HCL Technologies Ahmedabad Finance Executive
15 DM21C15 HDFC Bank Gurgaon CFO
16 DM21C16 Hero FinCorp Shimla Brand Manager
17 DM21C17 Hero MotoCorp Hubli Sr. Finance Executive
18 DM21C18 Hindustan Motors Pondicherry Recruiter
19 DM21C19 Hindustan Times Jaipur Talent Management
20 DM21C20 iball Lucknow Market Analyst
21 DM21C21 ICICI Bank Agra CTO
22 DM21C22 IDBI Bank Indore Market Advisor
23 DM21C23 Idea Cellular Patna CRM Executive
24 DM21C24 India Cements Kochi CHRO
25 DM21C25 Nirma Surat Sales Person
26 DM21C26 Onida Electronics Chandigarh Packaging manager
27 DM21C27 Pantaloons Fashion & Retail Varanasi Marketing Manager
28 DM21C28 Parle Agro Kanpur CMO
29 DM21C29 Parle Products Nagpur Sr. Finance Executive
30 DM21C30 Pidilite Industries Coimbatore HR Executive
31 DM21C31 Piramal Enterprises Jodhpur Marketing Manager
32 DM21C32 Ranbaxy Laboratories Bhubaneswar CHRO
33 DM21C33 Raymond Group Amritsar Sr. Marketing Manager
34 DM21C34 Rediff.com Guwahati Product Manager
35 DM21C35 Indiabulls Madurai Finance Executive
36 DM21C36 Indian Bank Mangalore Accountant
37 DM21C37 Indian Express Limited Vijayawada Marketing Manager
38 DM21C38 HDFC Dehradun Marketing Manager
39 DM21C39 SWIGGY Vadodara Finance Manager
40 DM21C40 ACC Limited Jabalpur Client Manager
41 DM21C41 Air India Mysuru Assistant Marketing Manager
42 DM21C42 IndusInd Bank Raipur Credit Manager
43 DM21C43 Infibeam Vellore Product Manager
44 DM21C44 Infosys Visakapatinam NPD Manager
45 DM21C45 Infosys BPO Amaravathi Software Design Engineer
46 DM21C46 Inkfruit Basti Marketing Sr. Manager
47 DM21C47 InMobi Durgapur Marketing Manager
48 DM21C48 Intelenet Global Services Jalandar Service Manager
49 DM21C49 Intex Technologies Hinjiwadi Product Manager
50 DM21C50 ITC Karaikal HR Executive
51 DM21C51 Ittiam Systems Suri HR Manager
52 DM21C52 XOLO Pimpri R&D Manager
53 DM21C53 Yatra Port Blair Finance Advisor
54 DM21C54 Yepme Kolapur Store Manager
55 DM21C55 Yes Bank Nashik Loan Manager
56 DM21C56 Zee Entertainment Enterprises Tirupati Product Design Manager
57 DM21C57 Amazon Prime Bangalore Product Manager
58 DM21C58 Wipro Chennai Software Design Engineer
59 DM21C59 Britannia pune Sales Person
60 DM21C60 Samsung Mumbai NPD Manager
61 DM21C61 Pepsico Delhi Packaging manager
Experience in the company CTC
4 500000
1 600000
3 500000
3 750000
3 800000
5 550000
5 750000
3 600000
3 750000
2 500000
4 400000
4 550000
2 450000
2 300000
5 750000
4 550000
2 650000
2 650000
4 600000
2 750000
2 1500000
5 550000
5 750000
3 1350000
3 600000
2 550000
4 850000
4 105000
2 350000
2 450000
3 800000
3 350000
5 900000
5 400000
3 350000
3 400000
2 650000
4 750000
4 750000
2 800000
2 450000
3 600000
2 800000
1 850000
3 550000
3 950000
5 675000
5 600000
3 550000
3 750000
2 550000
4 750000
4 675000
2 550000
2 550000
3 750000
2 800000
3 550000
2 950000
3 675000
2 600000
 Profile Identification - Work Location, Work
Step 1 Step 2
Experience and CTC

Step 2 Calculation of Grade Pay or Special Allowance CTC Components

Step 3 Calculation of Gross Salary and Net Salary Basic Salary

Calculation of TDS - Tax Deducted at Source -
Step 4
Income Tax Process DA
HRA
CA
Profile Identification - Work Location, Work
Step 1
Experience and CTC MA
Company Name Infosys LTA
Profile Finance Manager CEA
CTC 1550000 CHA
Work Location Chennai PF
Work Experience 4.5 Years Gratuity
ESIC
PT
Total (A)
Grade Pay = CTC - Tota

TDS - Tax Deducted at Source

Step 4
Income tax process
Take Home Salary 1327380 110615
Income Tax Slab 6
Income tax Deduction % 125000 + 25%
3 Months
1,250,001 125000 Jan
77,379 19344.75 Feb
Total Income Tax Deduction 144345 Mar
2 Months
Aug
Jan
 Calculation of Grade Pay or Special Allowance Step 3

Formula Amount CTC Components

BS = 50% of CTC 775000 Basic Salary

DA = 17% of BS 131750 DA
HRA = 40% (BS+DA) 362700 HRA
CA = Rs. 19,200 19200 CA

MA = Rs. 15,000 15000 MA

LTA = 1 Month of BS 64583.3333333333 LTA
CEA = 100*2*12 = 2400 2400 CEA
CHA = 300*2*12 = 7200 7200 CHA
PF = 12% (BS+DA) 108810 Grade Pay
Gratuity = 4.81% of BS 0 Gross Salary
ESIC = .75% of Gross Salary 0 PF
PT = Rs. 2500 2500 Gratuity
Total (A) 1489143.33333333 ESIC
Grade Pay = CTC - Total (A) 60856.6666666667 PT
Deduction
(Take Home Salary) Net Salary = Gross Salary -
Deduction

48114.9166666667
48114.9166666667
48114.9166666667

72172.375
72172.375
 Calculation of Gross Salary and Net Salary

Formula Annual Monthly

BS = 50% of CTC 775000 64583

131750 10979
DA = 17% of BS
HRA = 40% (BS+DA) 362700 30225
CA = Rs. 19,200 19200 1600
15000 1250
MA = Rs. 15,000
LTA = 1 Month of BS 64583.333 5382
CEA = 100*2*12 = 2400 2400 200
CHA = 300*2*12 = 7200 7200 600
CTC - Total (A) 60856.667 5071
Gross Salary 1438690 119891
PF = 12% (BS+DA) 108810 9067.5
Gratuity = 4.81% of BS 0 0
ESIC = .75% of Gross Salary 0 0
PT = Rs. 2500 2500 200
Deduction 111310 9267.5
ome Salary) Net Salary = Gross Salary -
1327380 110623
Deduction
SI.NO. Roll No. Company Name Location Profile
1 DM21D01 Exide Industries Mumbai Maintenance Engineer
2 DM21D02 Exide Life Insurance Delhi Marketing Manager
3 DM21D03 Federal Bank Noida Finance Executive
4 DM21D04 Flipkart Chennai Marketing Manager
5 DM21D05 Force Motors Kolkata HR Executive
6 DM21D06 Fortis Healthcare Pune Finance Executive
7 DM21D07 Future Group Goa Brand Manager
8 DM21D08 GAIL Banagalore Product Manager
9 DM21D09 GoAir Airlines Hyderabad Software Engineer
10 DM21D10 Godrej Group Trichy Sales Executive
11 DM21D11 Haldiram's Ghaziabad Product Design Engineer
12 DM21D12 Havells Udaipur Marketing Executive
13 DM21D13 Hawkins Cookers Baroda HR Executive
14 DM21D14 HCL Technologies Ahmedabad Finance Executive
15 DM21D15 HDFC Bank Gurgaon CFO
16 DM21D16 Hero FinCorp Shimla Brand Manager
17 DM21D17 Hero MotoCorp Hubli Sr. Finance Executive
18 DM21D18 Hindustan Motors Pondicherry Recruiter
19 DM21D19 Hindustan Times Jaipur Talent Management
20 DM21D20 iball Lucknow Market Analyst
21 DM21D21 ICICI Bank Agra CTO
22 DM21D22 IDBI Bank Indore Market Advisor
23 DM21D23 Idea Cellular Patna CRM Executive
24 DM21D24 India Cements Kochi CHRO
25 DM21D25 Nirma Surat Sales Person
26 DM21D26 Onida Electronics Chandigarh Packaging manager
27 DM21D27 Pantaloons Fashion & Retail
Varanasi Marketing Manager
28 DM21D28 Parle Agro Kanpur CMO
29 DM21D29 Parle Products Nagpur Sr. Finance Executive
30 DM21D30 Pidilite Industries Coimbatore HR Executive
31 DM21D31 Piramal Enterprises Jodhpur Marketing Manager
32 DM21D32 Ranbaxy Laboratories Bhubaneswar CHRO
33 DM21D33 Raymond Group Amritsar Sr. Marketing Manager
34 DM21D34 Rediff.com Guwahati Product Manager
35 DM21D35 Indiabulls Madurai Finance Executive
36 DM21D36 Indian Bank Mangalore Accountant
37 DM21D37 Indian Express Limited Vijayawada Marketing Manager
38 DM21D38 HDFC Dehradun Marketing Manager
39 DM21D39 SWIGGY Vadodara Finance Manager
40 DM21D40 ACC Limited Jabalpur Client Manager
41 DM21D41 Air India Mysuru Assistant Marketing Manager
42 DM21D42 IndusInd Bank Bangalore Marketing Manager
43 DM21D43 Infibeam Chennai HR Manager
44 DM21D44 Infosys Bhubaneswar CHRO
45 DM21D45 Infosys BPO Amritsar Sr. Marketing Manager
46 DM21D46 Inkfruit Guwahati Product Manager
47 DM21D47 InMobi Madurai Finance Executive
48 DM21D48 Intelenet Global ServicesBhubaneswar CHRO
49 DM21D49 Intex Technologies Amritsar Sr. Marketing Manager
50 DM21D50 ITC Guwahati Product Manager
51 DM21D52 Ittiam Systems Madurai Finance Executive
52 DM21D53 XOLO Mangalore Accountant
53 DM21D54 Yatra Vijayawada Marketing Manager
54 DM21D51 Yepme Dehradun Marketing Manager
55 DM21D55 Yes Bank Bhubaneswar CHRO
56 DM21D56 Zee Entertainment Enterprises
Amritsar Sr. Marketing Manager
57 DM21D57 Amazon Prime Bhubaneswar CHRO
58 DM21D58 Wipro Amritsar Sr. Marketing Manager
59 DM21D59 Britannia Guwahati Product Manager
60 DM21D60 Samsung Madurai Finance Executive
61 DM21D61 Pepsico Mangalore Accountant
62 DM21D62 Milton Vijayawada Marketing Manager
63 DM21D63 Symphony Dehradun Marketing Manager
64 DM21D64 Tesla Vadodara Finance Manager
65 DM21D66 Wipro FMCG Jabalpur Client Manager
Experience in the
CTC Variable Salary Condition
company
4 700000 10% Accomdation allowance added - 10% of Basic + DA
1 900000 20% Travel Allowance Added - 20% of Basic Salary
3 900000 10% Food Allowance added - 10% of BS
3 1000000 15% Employer PF is added
3 1000000 20% Cnateen facility is deducted - 5% of BS +DA
5 850000 10% Gratuity is exempted
5 1150000 20% International Travel Allowance - 10% of BS+DA
3 850000 15% HRA is calculated as 50% of BS+DA
3 850000 20% Travel Allowance Added - 15% of Basic Salary
2 800000 10% Travel Allowance deducted - 10% of Basic Salary
4 500000 20% Accomdation allowance added - 10% of Basic + DA
4 850000 10% Travel Allowance Added - 20% of Basic Salary
2 650000 15% Food Allowance added - 10% of BS
2 600000 20% Employer PF is added
5 1150000 10% Cnateen facility is deducted - 5% of BS +DA
4 800000 20% Gratuity is exempted
2 750000 15% International Travel Allowance - 10% of BS+DA
2 950000 20% HRA is calculated as 50% of BS+DA
4 800000 10% Travel Allowance Added - 15% of Basic Salary
2 1050000 20% Travel Allowance deducted - 10% of Basic Salary
2 1900000 10% Accomdation allowance added - 10% of Basic + DA
5 800000 10% Travel Allowance Added - 20% of Basic Salary
5 950000 20% Food Allowance added - 10% of BS
3 1650000 10% Employer PF is added
3 1000000 15% Cnateen facility is deducted - 5% of BS +DA
2 800000 20% Gratuity is exempted

4 International Travel Allowance - 10% of BS+DA

950000 10%
4 405000 20% HRA is calculated as 50% of BS+DA
2 450000 10% Travel Allowance Added - 15% of Basic Salary
2 750000 15% Travel Allowance deducted - 10% of Basic Salary
3 1000000 20% Accomdation allowance added - 10% of Basic + DA
3 550000 10% Travel Allowance Added - 20% of Basic Salary
5 1200000 20% Food Allowance added - 10% of BS
5 800000 15% Employer PF is added
3 600000 20% Cnateen facility is deducted - 5% of BS +DA
3 600000 10% Gratuity is exempted
2 950000 20% International Travel Allowance - 10% of BS+DA
4 1150000 10% HRA is calculated as 50% of BS+DA
4 1000000 15% Travel Allowance Added - 15% of Basic Salary
2 900000 20% Travel Allowance deducted - 10% of Basic Salary
2 750000 10% Cnateen facility is deducted - 5% of BS +DA
2 950000 20% Gratuity is exempted
2 1200000 15% International Travel Allowance - 10% of BS+DA
3 950000 10% International Travel Allowance - 10% of BS+DA
3 405000 20% HRA is calculated as 50% of BS+DA
5 950000 10% Travel Allowance Added - 15% of Basic Salary
5 405000 20% Travel Allowance deducted - 10% of Basic Salary

2 Accomdation allowance added - 10% of Basic + DA

450000 10%
2 950000 10% International Travel Allowance - 10% of BS+DA
3 405000 20% HRA is calculated as 50% of BS+DA
2 450000 10% Travel Allowance Added - 15% of Basic Salary
2 750000 15% Travel Allowance deducted - 10% of Basic Salary
3 1000000 20% Accomdation allowance added - 10% of Basic + DA
3 550000 10% Travel Allowance Added - 20% of Basic Salary
2 950000 10% Food Allowance added - 10% of BS

2 Employer PF is added
405000 20%
3 450000 10% Travel Allowance Added - 20% of Basic Salary
3 750000 15% International Travel Allowance - 10% of BS+DA
2 950000 10% HRA is calculated as 50% of BS+DA
2 950000 10% Travel Allowance Added - 15% of Basic Salary
3 405000 20% Travel Allowance deducted - 10% of Basic Salary
3 450000 10% Accomdation allowance added - 10% of Basic + DA
5 750000 15% Travel Allowance Added - 20% of Basic Salary
5 1000000 20% Food Allowance added - 10% of BS
3 550000 10% Employer PF is added
SI.NO. Roll No. Company Name Location Profile
1 DM21E01 Exide Industries Mumbai Maintenance Engineer
2 DM21E02 Exide Life Insurance Delhi Marketing Manager
3 DM21E03 Federal Bank Noida Finance Executive
4 DM21E04 Flipkart Chennai Marketing Manager
5 DM21E05 Force Motors Kolkata HR Executive
6 DM21E06 Fortis Healthcare Pune Finance Executive
7 DM21E07 Future Group Goa Brand Manager
8 DM21E08 GAIL Banagalore Product Manager
9 DM21E09 GoAir Airlines Hyderabad Software Engineer
10 DM21E10 Godrej Group Trichy Sales Executive
11 DM21E11 Haldiram's Ghaziabad Product Design Engineer
12 DM21E12 Havells Udaipur Marketing Executive
13 DM21E13 Hawkins Cookers Baroda HR Executive
14 DM21E14 HCL Technologies Ahmedabad Finance Executive
15 DM21E15 HDFC Bank Gurgaon CFO
16 DM21E16 Hero FinCorp Shimla Brand Manager
17 DM21E17 Hero MotoCorp Hubli Sr. Finance Executive
18 DM21E18 Hindustan Motors Pondicherry Recruiter
19 DM21E19 Hindustan Times Jaipur Talent Management
20 DM21E20 iball Lucknow Market Analyst
21 DM21E21 ICICI Bank Agra CTO
22 DM21E22 IDBI Bank Indore Market Advisor
23 DM21E23 Idea Cellular Patna CRM Executive
24 DM21E24 India Cements Kochi CHRO
25 DM21E25 Nirma Surat Sales Person
26 DM21E26 Onida Electronics Chandigarh Packaging manager
27 DM21E27 Pantaloons Fashion & Retail Varanasi Marketing Manager
28 DM21E28 Parle Agro Kanpur CMO
29 DM21E29 Parle Products Nagpur Sr. Finance Executive
30 DM21E30 Pidilite Industries Coimbatore HR Executive
31 DM21E31 Piramal Enterprises Jodhpur Marketing Manager
32 DM21E32 Ranbaxy Laboratories Bhubaneswar CHRO
33 DM21E33 Raymond Group Amritsar Sr. Marketing Manager
34 DM21E34 Rediff.com Guwahati Product Manager
35 DM21E35 Indiabulls Madurai Finance Executive
36 DM21E36 Indian Bank Mangalore Accountant
37 DM21E37 Indian Express Limited Vijayawada Marketing Manager
38 DM21E38 HDFC Dehradun Marketing Manager
39 DM21E39 SWIGGY Vadodara Finance Manager
40 DM21E40 ACC Limited Jabalpur Client Manager
41 DM21E41 Air India Mysuru Assistant Marketing Manager
42 DM21E42 Samsung Bangalore Marketing Manager
43 DM21E43 Titan Chennai HR Manager
Experience in the
CTC CTC Variable Salary
company
4 500000 200000 700000 10%
1 600000 300000 900000 20%
3 500000 400000 900000 10%
3 750000 250000 1000000 15%
3 800000 200000 1000000 20%
5 550000 300000 850000 10%
5 750000 400000 1150000 20%
3 600000 250000 850000 15%
3 750000 100000 850000 20%
2 500000 300000 800000 10%
4 400000 100000 500000 20%
4 550000 300000 850000 10%
2 450000 200000 650000 15%
2 300000 300000 600000 20%
5 750000 400000 1150000 10%
4 550000 250000 800000 20%
2 650000 100000 750000 15%
2 650000 300000 950000 20%
4 600000 200000 800000 10%
2 750000 300000 1050000 20%
2 1500000 400000 1900000 10%
5 550000 250000 800000 10%
5 750000 200000 950000 20%
3 1350000 300000 1650000 10%
3 600000 400000 1000000 15%
2 550000 250000 800000 20%
4 850000 100000 950000 10%
4 105000 300000 405000 20%
2 350000 100000 450000 10%
2 450000 300000 750000 15%
3 800000 200000 1000000 20%
3 350000 200000 550000 10%
5 900000 300000 1200000 20%
5 400000 400000 800000 15%
3 350000 250000 600000 20%
3 400000 200000 600000 10%
2 650000 300000 950000 20%
4 750000 400000 1150000 10%
4 750000 250000 1000000 15%
2 800000 100000 900000 20%
2 450000 300000 750000 10%
3 850000 100000 950000 20%
2 900000 300000 1200000 15%
SI.NO. Roll No. Company Name Location Profile
1 DM21E01 Exide Industries Pune Maintenance Engineer
2 DM21E02 Exide Life Insurance Goa Marketing Manager
3 DM21E03 Federal Bank Banagalore Finance Executive
4 DM21E04 Flipkart Hyderabad Marketing Manager
5 DM21E05 Force Motors Trichy HR Executive
6 DM21E06 Fortis Healthcare Ghaziabad Finance Executive
7 DM21E07 Future Group Mumbai Brand Manager
8 DM21E08 GAIL Delhi Product Manager
9 DM21E09 GoAir Airlines Noida Software Engineer
10 DM21E10 Godrej Group Chennai Sales Executive
11 DM21E11 Haldiram's Ghaziabad Product Design Engineer
12 DM21E12 Havells Mumbai Marketing Executive
13 DM21E13 Hawkins Cookers Delhi HR Executive
14 DM21E14 HCL Technologies Noida Finance Executive
15 DM21E15 HDFC Bank Pune CFO
16 DM21E16 Hero FinCorp Goa Brand Manager
17 DM21E17 Hero MotoCorp Banagalore Sr. Finance Executive
18 DM21E18 Hindustan Motors Hyderabad Recruiter
19 DM21E19 Hindustan Times Noida Talent Management
20 DM21E20 iball Chennai Market Analyst
21 DM21E21 ICICI Bank Ghaziabad CTO
22 DM21E22 IDBI Bank Mumbai Market Advisor
23 DM21E23 Idea Cellular Delhi CRM Executive
24 DM21E24 India Cements Noida CHRO
25 DM21E25 Nirma Pune Sales Person
26 DM21E26 Onida Electronics Goa Packaging manager
27 DM21E27 Pantaloons Fashion &Banagalore
Retail Marketing Manager
28 DM21E28 Parle Agro Vijayawada CMO
29 DM21E29 Parle Products Dehradun Sr. Finance Executive
30 DM21E30 Pidilite Industries Vadodara HR Executive
31 DM21E31 Piramal Enterprises Jabalpur Marketing Manager

32 DM21E32 Ranbaxy LaboratoriesDehradun CHRO

33 DM21E33 Raymond Group Vadodara Sr. Marketing Manager
34 DM21E34 Rediff.com Jabalpur Product Manager
35 DM21E35 Indiabulls Mysuru Finance Executive
36 DM21E36 Indian Bank Bangalore Accountant
37 DM21E37 Indian Express LimitedChennai Marketing Manager
38 DM21E38 HDFC Madurai Marketing Manager
39 DM21E39 SWIGGY Mangalore Finance Manager
40 DM21E40 ACC Limited Jabalpur Client Manager
41 DM21E41 Air India Mysuru Assistant Marketing Manager
42 DM21E42 Samsung Bangalore Marketing Manager
43 DM21E43 Titan Chennai HR Manager
Experience in the
CTC Variable Salary Condition
company
4 850000 10% Accomdation allowance added - 10% of Basic + DA

1 800000 20% Travel Allowance Added - 20% of Basic Salary

3 500000 10% Food Allowance added - 10% of BS

3 850000 15% Employer PF is added
3 650000 20% Cnateen facility is deducted - 5% of BS +DA
5 600000 10% Gratuity is exempted
5 1150000 20% International Travel Allowance - 10% of BS+DA
3 800000 15% HRA is calculated as 50% of BS+DA
3 750000 20% Travel Allowance Added - 15% of Basic Salary
2 900000 10% Travel Allowance deducted - 10% of Basic Salary
4 900000 20% Accomdation allowance added - 10% of Basic + DA
4 1000000 10% Travel Allowance Added - 20% of Basic Salary
2 1000000 15% Food Allowance added - 10% of BS

2 850000 20% Employer PF is added

5 1150000 10% Cnateen facility is deducted - 5% of BS +DA

4 850000 20% Gratuity is exempted
2 950000 15% International Travel Allowance - 10% of BS+DA
2 800000 20% HRA is calculated as 50% of BS+DA
4 1050000 10% Travel Allowance Added - 15% of Basic Salary
2 1900000 20% Travel Allowance deducted - 10% of Basic Salary
2 800000 10% Accomdation allowance added - 10% of Basic + DA
5 950000 10% Travel Allowance Added - 20% of Basic Salary
5 1650000 20% Food Allowance added - 10% of BS
3 1000000 10% Employer PF is added
3 800000 15% Cnateen facility is deducted - 5% of BS +DA
2 950000 20% Gratuity is exempted

4 1900000 10% International Travel Allowance - 10% of BS+DA

4 800000 20% HRA is calculated as 50% of BS+DA

2 950000 10% Travel Allowance Added - 15% of Basic Salary
2 1650000 15% Travel Allowance deducted - 10% of Basic Salary

3 1000000 20% Accomdation allowance added - 10% of Basic + DA

3 800000 10% Travel Allowance Added - 20% of Basic Salary

5 950000 20% Food Allowance added - 10% of BS

5 750000 15% Employer PF is added
3 450000 20% Cnateen facility is deducted - 5% of BS +DA
3 750000 10% Gratuity is exempted
2 1000000 20% International Travel Allowance - 10% of BS+DA

4 550000 10% HRA is calculated as 50% of BS+DA

4 750000 15% Travel Allowance Added - 15% of Basic Salary
2 450000 20% Travel Allowance deducted - 10% of Basic Salary
2 750000 10% Cnateen facility is deducted - 5% of BS +DA
3 1000000 20% Gratuity is exempted
2 550000 15% International Travel Allowance - 10% of BS+DA
 Calculate Grade Pay/Special Allowance CTC Calculation
CTC Components Formula Amount CTC Components
Basic Salary BS = 50% of CTC 900000 Basic Salary
DA DA = 17% of BS 153000 DA
HRA HRA = 40% of (BS+DA) 421200 HRA
CA CA = Rs. 19,200 19200 CA
MA MA = Rs. 15,000 15000 MA
LTA LTA = 1 Month of BS 75000 LTA
CEA CEA = 100*2*12 = 2,400 2400 CEA
CHA CHA = 300*2*12 = 7,200 7200 CHA
PF PF = 12% of (BS+DA) 126360 Grade Pay
Gratuity Gratuity = 4.81% of BS 0 Total (A) Addition (Gross Salary)
ESIC ESIC = .75% of Gross Salary 0 PF
PT PT = Rs. 2,500 2500 Gratuity
Total (A) 1721860 ESIC
Grade Pay = CTC - Total (A) Adjust Amount 78140 PT
Total (B) Deduction Amount
Net Salary (Take Home Salary) = Gross Salary -
Deduction

Income Tax Slab

Take Home Salary 1542280
7th Slab 1500000 42280
30% IT Amount
 CTC Calculation Profile
Formula Annual Monthly Company Name
BS = 50% of CTC 900000 75000 Location
DA = 17% of BS 153000 12750 CTC
HRA = 40% of (BS+DA) 421200 35100 Experience
CA = Rs. 19,200 19200 1600
MA = Rs. 15,000 15000 1250 Deduction Part
LTA = 1 Month of BS 75000 6250 PF
CEA = 100*2*12 = 2,400 2400 200 Gratuity
CHA = 300*2*12 = 7,200 7200 600 ESIC
GP = CTC - Total (A) 78140 6512 PT
Total (A) Addition (Gross Salary) 1671140 139262
PF = 12% of (BS+DA) 126360 10530 Basic Salary
Gratuity = 4.81% of BS 0 0 Urban
ESIC = .75% of Gross Salary 0 0 Semi-urban
PT = Rs. 2,500 2500 200 Rural
Total (B) Deduction Amount 128860 10730
alary (Take Home Salary) = Gross Salary - 1542280 128532
Deduction

187500 JAN 66728 Aug

12684 FEB 66728 Jan
200184 MAR 66728
HR Manager
Amul
Pune
1800000
4 Years

Deduction Part

Calculation
50%
40%
30% or 35%

100092
100092
Step 2 Calculate Grade Pay/Special Allowance Step 3
CTC Components Formula Amount
Basic Salary BS = 50% of CTC 850000
DA DA = 17% of BS 144500
HRA HRA = 40% of (BS + DA) 397800
CA CA = 19200 19200
MA MA = 15000 15000
LTA LTA - 1 Month of BS 70833
CEA CEA = 100*2*12 = 2400 2400
CHA CHA = 300*2*12 = 7200 7200
PF PF = 12% of (BS + DA) 119340
Gratuity Gratuity = 4.81% of BS 0
ESIC ESIC = .75% of Gross Salary 0
PT PT = 2500 2500
Total (A) 1628773
Grade Pay = CTC - Total (A) Adjust Amount 71227

Step 4
TDS - Tax deduction at source Income tax slab

Take Home Salary or Net Salary 1456320 500000 956320

Slab 4 750000
Pre-deduction 37500 29693.333
Income Tax Percentage 15% 29693.333
Differ. Amount 206320 29693.333

37500
Income Tax Total 51580
89080
 CTC Calculation Step 1 Profile
CTC Components Formula Annual Monthly Company Name
Basic Salary BS = 50% of CTC 850000 70833 Location
DA DA = 17% of BS 144500 12042 CTC
HRA HRA = 40% of (BS + DA) 397800 33150 Experience
CA CA = 19200 19200 1600
MA MA = 15000 15000 1250
LTA LTA - 1 Month of BS 70833 5903 Basic Salary
CEA CEA = 100*2*12 = 2400 2400 200 Urban
CHA CHA = 300*2*12 = 7200 7200 600 Semi-urban
Grade Pay Grade Pay = CTC - Total (A) 71227 5936 Rural
Total (A) Addition (Gross Salary) 1578160 131513
PF PF = 12% of (BS + DA) 119340 9945
Gratuity Gratuity = 4.81% of BS 0 0
ESIC ESIC = .75% of Gross Salary 0 0
PT PT = 2500 2500 200
Total (B) Deduction Amount 121840 10145
Net Salary (Take Home Salary) = Gross Salary - 1456320 121368
Deduction

Income Tax Deduction from Salary

3 Months 2 Months
Jan Aug 44540
feb Jan 44540
Mar
 HR Manager
Ola
Pune
1700000
4.5 Years

Basic Salary
50% of CTC
40% of CTC
30% TO 35% of CTC
 Age Below 60
Senior Citizen - 60.1 - 80
Segmented 3 Categories Super Senior Citizen - 80.1 Above

TDS Tax Deducted at Source

Calculated based on your Net Salary (or) Take Home Salary
Monthly Net Salary 45000
Net Salary 834000
Taxable Amount = Net Salary - Savings 584000
Slab 3
Income Tax Rate = 5,00,000 12500
Income Tax Percentage= 10% 10%
Diffe. Amount = Net salary or Taxable amount - Slab 84000

Income Tax Rate

Difference Amount - 10%
Total Income Tax Total Income Tax

Deduction of Income tax in a Company

Half-Yearly 3 Months - Jan, Feb and March
Aug Jan
Jan Feb
Mar
 7 Slab
5 Slab
5 Slab

y (or) Take Home Salary

Savings 250000

500000

12500
8400
20900

Half-Yearly
6967 Aug 10450
6967 Jan 10450
6967 20900
20900
 Employee Info
1 Employee Name Mr. Raj
2 Employee Joining date 1st May
3 Financial Year 2021-2022
4 Employee Monthly Net Salary 45000
5 Income Tax Deduction Date March, 2022
6 Total Months - Worked 11

Yearly Net Salary Calculation =

Employee Monthly Net salary *
7 Total Months Worked 495000
 Income Tax Calculation Income Tax Deduction
Yearly Net Salary 495000 2 Months
Employee Savings 100000 Aug 3625
Total Income Tax Applic. 395000 250000 145000 Jan 3625
Slab 2
Income Tax Rate 0 3 Months
Income Tax Percentage 5% Jan 2417

Feb 2417
Total Income Tax Calculation Mar 2417
Income Tax Rate 0
Income Tax Percentage = 5% 7250
Total Income Tax Calculation 7250
Step 2 Calculate Grade Pay/Special Allowance
CTC Components Formula Amount Monthly
Basic Salary BS = 40% of CTC 96000 8000
DA DA = 17% of BS 16320 1360
HRA HRA = 40% of (BS + DA) 44928 3744
CA CA = 19200 19200 1600
MA MA = 15000 15000 1250
LTA LTA - 1 Month of BS 8000 667
CEA CEA = 100*2*12 = 2400 2400 200
CHA CHA = 300*2*12 = 7200 7200 600
PF PF = 12% of (BS + DA) 13478.4 1123
Gratuity Gratuity = 4.81% of BS 0 0
ESIC ESIC = .75% of Gross Salary 1568 131
PT PT = 2500 2500
Total (A) 226594
Grade Pay = CTC - Total (A) Adjust Amount 13406

Step 4 TDS - Tax deduction at

source Income tax slab
Step 3 CTC Calculation Step 1
CTC Components Formula Annual Monthly
Basic Salary BS = 40% of CTC 96000 8000
DA DA = 17% of BS 16320 1360
HRA HRA = 40% of (BS + DA) 44928 3744
CA CA = 19200 19200 1600
MA MA = 15000 15000 1250
LTA LTA - 1 Month of BS 8000 667
CEA CEA = 100*2*12 = 2400 2400 200
CHA CHA = 300*2*12 = 7200 7200 600
Grade Pay Grade Pay = CTC - Total (A) 13406 1117
Total (A) Addition (Gross Salary) 222454 18538
PF PF = 12% of (BS + DA) 13478.4 1123
Gratuity Gratuity = 4.81% of BS 0 0
ESIC ESIC = .75% of Gross Salary 1567.86 131
PT PT = 2500 2500 200
Total (B) Deduction Amount 17546.26 1453.855
Net Salary (Take Home Salary) = Gross Salary - 204907 17084
Deduction
Profile Production Technician
Company Name Tata Motors
Location Goa
CTC 240000
Experience 4.5 Years

Basic Salary
Urban 50% of CTC
Semi-urban 40% of CTC
Rural 30% TO 35% of CTC
 Step 2
Step 1 Profile Segment
Company Name Amul CTC Components
Profile Marketing Manager Basic Salary
Work Location Pune DA
CTC 240000 HRA
Work Experience 5 Years CA
MA
LTA
CEA
CHA
PF
Gratuity

ESIC
Step 4 - TDS Income tax slab PT
Total Number of Slab = 7 Total (A)
Grade Pay = CTC - Total (A)

Net Salary 204162.472

Slab 6
Income Tax Rate 125000 1250000
Income Tax Percenta 25%
Diff. Amount -1045837.528 Salary Deduction
3 Months
Total Income Tax DedIT Rate 125000 Jan
IT Percentage from Dif. Amount -261459 Feb
Total Income Tax Deduction -136459 Mar
 Calculation of Grade Pay or Special Claculation of Annual and Monthly
Allowance Step 3 Structure
Formula Amount CTC Component Formula
BS = 30% of CTC 72000 Basic Salary BS = 50% of CTC
DA = 17% of BS 12240 DA DA = 17% of BS
HRA = 40% of (BS+DA) 33696 HRA HRA = 40% of (BS+DA)
CA = Rs. 19200 19200 CA CA = Rs. 19200
MA = Rs. 15000 15000 MA MA = Rs. 15000
LTA = 1 Month of BS 6000 LTA LTA = 1 Month of BS
CEA = 100*2*12 = 2400 2400 CEA CEA = 100*2*12 = 2400
CEA = 300*2*12 = 7200 7200 CHA CEA = 300*2*12 = 7200
PF = 12% of (BS+DA) 10108.8 Grade Pay GP = CTC - Total A
Gratuity = 4.81% of BS + DA 4051.944 Gross Salary (Total A)

ESIC = .75% of CTC

Components (Excluding PF,
Gratuity and PT) 1258.02 PF PF = 12% of (BS+DA)
PT = Rs. 2500 2500 Gratuity Gratuity = 4.81% of BS
Total (A) 185654.8 ESIC ESIC = .75% of Gross Salar
Grade Pay = CTC - Total (A) 54345.24 PT PT = Rs. 2500
Deduction (Total B)
Net Salary - Take Home Salary Total A-B

2 Months
-45486 Aug -68230
-45486 Jan -68230
-45486
n of Annual and Monthly CTC
Structure
Annual Monthly
72000 6000
12240 1020
33696 2808
19200 1600
15000 1250
6000 500
2400 200
7200 600
54345.24 4529
222081.2 18507

10108.8 842.4
4051.944 337.662
1258.02 104.835
2500 200
17918.76 1484.897
204162.5 17022
 Step 2
Step 1 Profile Segment
Company Name ITC CTC Components
Profile Marketing Executive Basic Salary
Work Location Goa DA
CTC 250000 HRA
Work Experience 1 Year CA
MA
LTA
CEA
CHA
PF
Gratuity

ESIC
Step 4 - TDS Income tax slab PT
Total Number of Slab = 7 Total (A)
Grade Pay = CTC - Total (A)

Net Salary 213681

Slab 0
Income Tax Rate 0 0
Income Tax Percenta 0%
Diff. Amount 0 Salary Deduction
3 Months
Total Income Tax DedIT Rate Jan
IT Percentage from Dif. Amount 0 Feb
Total Income Tax Deduction 0 Mar
 Calculation of Grade Pay or Special Claculation of Annual and Monthly
Allowance Step 3 Structure
Formula Amount CTC Component Formula
BS = 40% of CTC 100000 Basic Salary BS = 50% of CTC
DA = 17% of BS 17000 DA DA = 17% of BS
HRA = 40% of (BS+DA) 46800 HRA HRA = 40% of (BS+DA)
CA = Rs. 19200 19200 CA CA = Rs. 19200
MA = Rs. 15000 15000 MA MA = Rs. 15000
LTA = 1 Month of BS 8333.333 LTA LTA = 1 Month of BS
CEA = 100*2*12 = 2400 2400 CEA CEA = 100*2*12 = 2400
CHA = 300*2*12 = 7200 7200 CHA CEA = 300*2*12 = 7200
PF = 12% of (BS+DA) 14040 Grade Pay GP = CTC - Total A
Gratuity = 4.81% of BS + DA 0 Gross Salary (Total A)

ESIC = .75% of CTC

Components (Excluding PF,
Gratuity and PT) 1619.5 PF PF = 12% of (BS+DA)
PT = Rs. 2500 2500 Gratuity Gratuity = 4.81% of BS
Total (A) 234092.8 ESIC ESIC = .75% of Gross Salar
Grade Pay = CTC - Total (A) 15907.17 PT PT = Rs. 2500
Deduction (Total B)
Net Salary - Take Home Salary Total A-B

2 Months
0 Aug 0
0 Jan 0
0
n of Annual and Monthly CTC
Structure
Annual Monthly
100000 8333.333
17000 1416.667
46800 3900
19200 1600
15000 1250
8333.333 694.4444
2400 200
7200 600
15907.17 1326
231840.5 19320

14040 1170
0 0
1619.5 134.9583
2500 200
18159.5 1504.958
213681 17815
 Step 2 Calculate Grade Pay/Special Allowance Step 3
CTC Components Formula Amount
Basic Salary BS = 50% of CTC 800000
DA DA = 17% of BS 136000
HRA HRA = 40% of (BS+DA) 374400
CA CA = 19200 19200
MA MA = 15000 15000
LTA LTA = 1 Month of BS 66667
CEA CEA = 100*2*12=2400 2400
CHA CHA = 300*2*12=2400 7200
PF PF = 12% of (BS+DA) 112320
Gratuity Gratuity = 4.81% of BS 0
ESIC ESIC = .75% of Gross Salary 0
PT PT = 2500 2500
Total (A) 1535687
Grade Pay = CTC - Total (A) Adjust Amount 64313

Step 4 TDS - Tax deduction at

source Income tax slab

Take Home Salary 1370360 1250001

Slab 6 120359
Pre-defined Income Tax 1,25,000
Income tax percentage 25%

Take Home Salary 553740 500001 53739

Slab 3
Pre-defined IT 12500 Income Tax 12500
IT Percentage 10% 10% 5373.9
Total Income Tax 17874
 CTC Calculation Step 1 Profile
CTC Components Formula Annual Monthly Company Name
Basic Salary BS = 50% of CTC 800000 66667 Location
DA DA = 17% of BS 136000 11333 CTC
HRA HRA = 40% of (BS+DA) 374400 31200 Experience
CA CA = 19200 19200 1600
MA MA = 15000 15000 1250 Deduction Part
LTA LTA = 1 Month of BS 66667 5556 PF
CEA CEA = 100*2*12=2400 2400 200 Gratuity
CHA CHA = 300*2*12=2400 7200 600 ESIC
Grade Pay CTC - Total A - Adjust a 64313 5359 PT
Total (A) Addition (Gross Salary) 1485180 123765
PF PF = 12% of (BS+DA) 112320 9360 Basic Salary
Gratuity Gratuity = 4.81% of BS 0 0 Urban
ESIC ESIC = .75% of Gross Sal 0 0 Semi-urban
PT PT = 2500 2500 200 Rural
Total (B) Deduction Amount 114820 9560
Net Salary (Take Home Salary) = Gross 1370360 114205
Salary - Deduction

Income Tax 125000 Jan 51696.583 Aug

30090 Feb 51696.583 Jan
Total Income Tax 155090 March 51696.583

IT Deduction 3 Months 2 Months

Jan 5958 Aug 8937
Feb 5958 Jan 8937
Mar 5958
 Marketing Manager
Amul
Chennai
1600000
3.5

Deduction Part

Basic Salary
50% of CTC
40% of CTC
30% TO 35% of CTC

77544.875
77544.875
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/-
SI.NO. Components Conditions

1 CTC Cost to Company - Total Salary

2 Fixed Salary Constant salary credit to the employee
3 Variable Salary Incentive Pay - Target or Goals Achieve

Paid to the employee based on the

4 Basic Salary company location - 3 Category = Urban,
Semi-Urban and Rural

DA = Inflation taken place in the econom.

5 Dearness Allowance (DA)
Condition
HRA = Rent allowance provided to the
6 House Rent Allowance
employee for their accomd. Purpose

CA = Home to company premises and

7 Conveyance Allowance
Vice Versa

MA = Baisc expenses medical happen to

8 Medical Allowance
the employee in monthly

LTA = Once in Two Years - Rembur. On

9 Leave Travel Allowance
10 Child Education Allowance
11 Child Hostel Allowance
your travel and accomdation
CEA = Money give to the employee for
their childrens education - Maximum 2
Kids
CEA = Money give to the employee for
their childrens hostel facility - Maximum
2 Kids

PF - Saving plan for the employee - Two

Contribution - Employee and Employer -
12 Provident Fund
Employee Cancel = Monthly Basic Salary
should be more than Rs. 15,001/-

Gratuity = Saving Purpose - Employee

13 Gratuity should complete 4.8 Years in the same
company - Eligible for Gratuity
ESIC = Below Rs. 21,000/ Per Month -
14 ESIC Medical Purpose - Employee contribution
and Employer Contribution
PT = Employee who will be covered
under Professional - PT to the respective
15 Professional Tax
state government - performing
professionalism
 TDS = Tax Deduction at Source -
Monetary transaction - Tax need to be
16 TDS
paid - Employee Need to pay TAX to
Employer

17 Gross Salary Addition part of your CTC Components

18 Net Salary After the Deduction

19 Grade Pay / Special Allowance Adjust amount

 CEO - Reliance Insur. -
Formula Annual Calculation
Mumbai - 4 Years
CTC = Fixed salary + Variable
CTC = 2100000 2100000
Salary
FS = CTC - Variable Pay FS = 1700000 1700000
VP = CTC - Fixed Salary VS = 2100000-1700000 400000

Urban = 50% of CTC or FS; Semi-

BS - Mumbai - Urban -
Urban = 40% of CTC or FS; Rural 850000
50% - FS
= 30% or 35% of CTC or FS

DA = 17% of Basic Salary DA=17% 144500

HRA = 40% of (BS+DA) HRA = 40% of (BS+DA) 397800

CA = Rs. 19,200/- Per

CA = Rs. 19,200/- Per annum =
annum = Rs. 1,600/- Per 19200
Rs. 1,600/- Per Month
Month
MA = Rs. 15,000//- Per
MA = Rs. 15,000/- Per Annum =
Annum = Rs. 1,250/- Per 15000
Rs. 1,250/- Per Month
Month

LTA = 1 Month of your BS LTA = 1 Month of your BS 70833

CEA = 100*2*12 = Rs. 2,400/- CEA = 100*2*12 = Rs.

2400
Perannum 2,400/- Perannum

CHA = 300*2*12 = Rs.7,200/- CHA = 300*2*12 =

7200
Perannum Rs.7,200/- Perannum

PF = 12% of (BS + DA)

Gratuity = 4.81% of Basic Salary

ESIC = 4% of Gross Salary

(Employee = 0.75% Employer =
3.25%)

PT = Rs. 2,500/- Per Annum

(11Months = Rs. 200/- 12th Month
Rs. 300/-)
Depends according to the income
tax process

GS = CTC Components
(BS+DA+HRA+CA+MA+LTA+C
EA+CHA+Grade Pay)
Net Salary = GS - Deducation
(PF+GRATUITY+ESIC+TDS+PT
)
GP = CTC - CTC Component
(BS+DA+HRA+CA+MA+LTA+C
EA+CHA+PF+GRATUITY+ESIC
)
Monthly Calculation

70833

12042

33150

1600

1250

5903

200

600
SI.NO. Components
1 CTC
2 Fixed Salary
3 Variable Salary
4 Basic Salary
5 Dearness Allowance (DA)
6 House Rent Allowance
7 Conveyance Allowance
8 Medical Allowance
9 Leave Travel Allowance
10 Child Education Allowance
11 Child Hostel Allowance
12 Provident Fund
13 Gratuity
14 ESIC
Conditions
Cost to Company - Total Salary
Constant salary credit to the employee
Incentive Pay - Target or Goals Achieve
Paid to the employee based on the
company location - 3 Category = Urban,
Semi-Urban and Rural
DA = Inflation taken place in the econom.
Condition
HRA = Rent allowance provided to the
employee for their accomd. Purpose
CA = Home to company premises and
Vice Versa
MA = Baisc expenses medical happen to
the employee in monthly
LTA = Once in Two Years - Rembur. On
your travel and accomdation
CEA = Money give to the employee for
their childrens education - Maximum 2
Kids
CEA = Money give to the employee for
their childrens hostel facility - Maximum
2 Kids
PF - Saving plan for the employee - Two
Contribution - Employee and Employer -
Employee Cancel = Monthly Basic Salary
should be more than Rs. 15,001/-
Gratuity = Saving Purpose - Employee
should complete 4.8 Years in the same
company - Eligible for Gratuity
ESIC = Below Rs. 21,000/ Per Month -
Medical Purpose - Employee contribution
and Employer Contribution
 PT = Employee who will be covered
under Professional - PT to the respective
15 Professional Tax
state government - performing
professionalism
TDS = Tax Deduction at Source -
Monetary transaction - Tax need to be
16 TDS
paid - Employee Need to pay TAX to
Employer

17 Gross Salary Addition part of your CTC Components

18 Net Salary After the Deduction

19 Grade Pay / Special Allowance Adjust amount

 Ms. Swetha - Amul - HR
Manager - Pune Location - 3
Formula Annual Calculation
Years - VP OR VS - 10% of
CTC
CTC = Fixed salary + Variable
CTC = Rs. 12,00,000/- 1200000
Salary
FS = CTC - Variable Pay FS = 90% of CTC 1080000
VP = CTC - Fixed Salary VS = 10% of CTC 120000

Urban = 50% of CTC or FS; Semi-

Urban = 40% of CTC or FS; Rural BS = 50% of FS 540000
= 30% or 35% of CTC or FS

DA = 17% of Basic Salary DA = 17% of Basic Salary 91800

HRA = 40% of (BS+DA) HRA = 40% of (BS+DA) 252720

CA = Rs. 19,200/- Per annum = CA = Rs. 19,200/- Per annum =

19200
Rs. 1,600/- Per Month Rs. 1,600/- Per Month

MA = Rs. 15,000//- Per Annum = MA = Rs. 15,000//- Per Annum

15000
Rs. 1,250/- Per Month = Rs. 1,250/- Per Month

LTA = 1 Month of your BS LTA = 1 Month of your BS 45000

CEA = 100*2*12 = Rs. 2,400/- CEA = 100*2*12 = Rs. 2,400/-

2400
Perannum Perannum

CHA = 300*2*12 = Rs.7,200/- CHA = 300*2*12 = Rs.7,200/-

7200
Perannum Perannum

PF = 12% of (BS + DA) PF = 12% of (BS + DA) 75816

Gratuity = 4.81% of Basic Salary Gratuity = 4.81% of Basic Salary 25974

ESIC = 4% of Gross Salary

(Employee = 0.75% Employer =
3.25%)
 PT = Rs. 2,500/- Per Annum
(11Months = Rs. 200/- 12th Month 2500
Rs. 300/-)

Depends according to the income

tax process

GS = CTC Components
(BS+DA+HRA+CA+MA+LTA+C
EA+CHA+Grade Pay)
Net Salary = GS - Deducation
(PF+GRATUITY+ESIC+TDS+PT
)
GP = CTC - CTC Component
(BS+DA+HRA+CA+MA+LTA+C
EA+CHA+PF+GRATUITY+ESIC
)
Monthly Calculation

45000

7650

21060

1600

1250

3750

200

600

6318

2164.5
200
SI.NO. Components Conditions

1 CTC Cost to Company - Total Salary

2 Fixed Salary
3 Variable Salary
4 Basic Salary
5 Dearness Allowance (DA)
6 House Rent Allowance
7 Conveyance Allowance
8 Medical Allowance
9 Leave Travel Allowance
10 Child Education Allowance
11 Child Hostel Allowance
Constant salary credit to the employee
Incentive Pay - Target or Goals Achieve
Paid to the employee based on the
company location - 3 Category = Urban,
Semi-Urban and Rural
DA = Inflation taken place in the econom.
Condition
HRA = Rent allowance provided to the
employee for their accomd. Purpose
CA = Home to company premises and
Vice Versa
MA = Baisc expenses medical happen to
the employee in monthly
LTA = Once in Two Years - Rembur. On
your travel and accomdation
CEA = Money give to the employee for
their childrens education - Maximum 2
Kids
CEA = Money give to the employee for
their childrens hostel facility - Maximum
2 Kids

PF - Saving plan for the employee - Two

Contribution - Employee and Employer -
12 Provident Fund
Employee Cancel = Monthly Basic Salary
should be more than Rs. 15,001/-

Gratuity = Saving Purpose - Employee

13 Gratuity should complete 4.8 Years in the same
company - Eligible for Gratuity
ESIC = Below Rs. 21,000/ Per Month -
14 ESIC Medical Purpose - Employee contribution
and Employer Contribution
PT = Employee who will be covered
under Professional - PT to the respective
15 Professional Tax
state government - performing
professionalism
 TDS = Tax Deduction at Source -
Monetary transaction - Tax need to be
16 TDS
paid - Employee Need to pay TAX to
Employer

17 Gross Salary Addition part of your CTC Components

18 Net Salary After the Deduction

19 Grade Pay / Special Allowance Adjust amount

 Ms. Swetha - Amul -
HR Manager - Pune
Formula Location - 3 Years - Annual Calculation
VP OR VS - 10% of
CTC
CTC = Fixed salary + Variable Salary CTC 1200000
FS = CTC - Variable Pay FS 1080000
VP = CTC - Fixed Salary VP 120000
Urban = 50% of CTC or FS; Semi-
Pune - Urban - 50%
Urban = 40% of CTC or FS; Rural = 540000
from FS
30% or 35% of CTC or FS

DA = 17% of Basic Salary DA 91800

HRA = 40% of (BS+DA) HRA 252720

CA = Rs. 19,200/- Per annum = Rs.

CA 19200
1,600/- Per Month
MA = Rs. 15,000//- Per Annum = Rs.
MA 15000
1,250/- Per Month

LTA = 1 Month of your BS LTA 45000

CEA = 100*2*12 = Rs. 2,400/-

CEA 2400
Perannum

CHA = 300*2*12 = Rs.7,200/-

CHA 7200
Perannum

PF = 12% of (BS + DA) PF 75816

Gratuity = 4.81% of Basic Salary Gratuity 25974

ESIC = 4% of Gross Salary (Employee

= 0.75% Employer = 3.25%)

PT = Rs. 2,500/- Per Annum (11Months

PT 2500
= Rs. 200/- 12th Month Rs. 300/-)
 Depends according to the income tax
process

GS = CTC Components
(BS+DA+HRA+CA+MA+LTA+CEA+
CHA+Grade Pay)
Net Salary = GS - Deducation
(PF+GRATUITY+ESIC+TDS+PT)
GP = CTC - CTC Component
(BS+DA+HRA+CA+MA+LTA+CEA+
CHA+PF+GRATUITY+ESIC)
Monthly Calculation

45000

7650

21060

1600

1250

3750

200

600

6318

2164.5

200
 Contribution Contribution rate

Employer and Employee Employer 13% (.5%

EPF Employee PF Contribution towards PF Employee 12% Insurance and .5% Admin
Account Charges)

GPF General PF
VPF Voluntary PF Employee Side Employee 8%
Employee
(Minimum Rs. 500/-
PPF Public PF Cancelled their PF Account Maximum Rs.
1,50,000/-)

15/26*To
15 = (Basics +
tal no. of
DA)
Years Employer 12% 8.33%
26 = Total No.
of Working
Days 3.67%
15=15,000 15,000/26*6 Employee 12% 12%

15*Last drwan salary*Total no. of years/30

Last drawn = 45,000
Total No of years 6
15*45000*6/30
135,000
 Condition Private
Contribution Overall Widhrawal PF Interest
organization

Resign, Retirement, Death, Child

Employer PF will
Employer and Employee Education, Medical Emergency -
8.50% also included in
equally contributing 12% Operation, medical equipment (80%)
Employee CTC
and Girl child marriage (100%)

After 15 Years or else the account holder

Lock Period - 15 Years death 7%

PF Pension Account 10 Years

PF Saving Account Any time of your closure

PF Saving Account Any time of your closure
 Cancel PF
Account

Basic Salary
permonth should
be more than Rs.
15,001/-