HrformatsI have Attached Sample Salary Calculation Template.
| Salary Calculation Template | ||||||||||
| GROSS – Cost to Company | Rs. | Chq Amt Every Month | Rs. | Gets | Will get in Rs. | |||||
| Basic + DA | 8000.00 | Basic + DA | 8,000.00 | Take Home Amt | 12,040.00 | |||||
| PF | 12.00% | 960.00 | PF, 12% | (960.00) | Other accts | 4,780.00 | ||||
| HRA | 4,000.00 | HRA | 4,000.00 | Prof tax | 200.00 | |||||
| ESIC | 4.75% | – | ESIC, 1.75% | – | Total | 17,020.00 | ||||
| LTA | 5.00% | 400.00 | Conveyance | 800.00 | Annual CTC | 204,240.00 | ||||
| Medical | 5.00% | 400.00 | Prof Tax | (200.00) | ||||||
| Conveyance | 800.00 | Helper allowance | – | Name | ||||||
| Outfit | 100.00 | Family welfare | 200.00 | Division | ||||||
| Helper allowance | – | Education allowance | 200.00 | Grade | ||||||
| Family welfare | 200.00 | 12,040.00 | Qualification: | |||||||
| Gratuity | 4.50% | 360.00 | DOJ | |||||||
| Bonus | 20.00% | 1,600.00 | Effective | |||||||
| Education | 200.00 | Added to other accounts | Position | |||||||
| S.A. | 10.00% | – | PF, 24% | 1,920.00 | Location | |||||
| Food coupons | – | ESIC, 6.5% | – | |||||||
| 17,020.00 | LTA, 5% | 400.00 | ||||||||
| 204,240.00 | Bonus, 20% | 1,600.00 | ||||||||
| Outfit | 100.00 | |||||||||
| PF deposited in PF department | Medical, 5% | 400.00 | ||||||||
| ESIC deposited with ESIC dept | Gratuity 4.5% | 360.00 | ||||||||
| Prof tax paid to PT department | Food Coupons | – | 549 | |||||||
| LTA payable in August | 4,780.00 | 99 | ||||||||
| Medical if appl.payable in August | ||||||||||
| Outfit if appl. payable in January | ||||||||||
| Bonus paid at the time of Diwali | ||||||||||
| Gratuity will be paid after 5 yrs services | ||||||||||
| Note: Your Compensation is personal to you and confidential between you and the Company. | ||||||||||
| You are requested not to share details of the same with others, within or outside the Company. | ||||||||||
| Eventhough LTA, Medical, & Bonus are the part of salary package, These will be payable only if employee completes one year of service | ||||||||||
| Authorised Signatory | ||||||||||
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Need be required diwali bonus calcultion as per the bonus act
Need be required diwali bonus calcultion
for IT company