pls help me make a full salary with all deduction like PF,
ESI, HRA, Basic, conveyance etc with full rates% supose my
salary is CTC 10660/- & give me full form of CTC
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Answer / suma sy
CTC means Cost To Company.
The breakup may be as follows;
Basic=5000
PF=12% on Basic=600
ESIC = 1.75% on 10660=187
HRA=40% of Basic=2000
Conveyance as per the company limitaions/actual spent
| Is This Answer Correct ? | 66 Yes | 17 No |
Answer / vsharma
Amount Heads Creteria
3198 Basic 30% of CTC
1599 HRA 50% of Basic
384 PF Employer
384 PF Employee
506 ESI Employer
187 ESI Employee
1250 Medical Exempted as per IT-Reimbursement
800 Conveyance Exempted as per IT
154 Gratuity 4.80% as per Gratuity Act
266 Bonus 8.33% of Basic
1932 Other Allowances
10660
| Is This Answer Correct ? | 24 Yes | 10 No |
Answer / hareesha
BASIC :10660*40/100=4264
hra:4264*30/100=1279
Conveyance :800 fix
PF:4264*12/100=512
ESI:Depending on gross earnings
| Is This Answer Correct ? | 9 Yes | 8 No |
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