Salary Caculation - esic.. CiteOps
CiteOps
 
HOME RISE NEW ABOUT LOGIN
Home > Operations Management > Managing Innovation and Technology

Salary Caculation

slgoswami Started The Discussion:

HI dear I am sanjay, i need salary calculation, please anybody have this calculation please send me.

pkashyap - Member Since: Jun 2008
Here is the example of salary calculations:

SALARY CALCULATIONS



















GROSS
:
6325









BASIC
4362















hra 25%
1091



P TAX GROSS SALAB STATEMENT









cca 10 %
436



1600-2000
16
0









con 10%
436



2001-3000
25
0









GROSS
6325



3001-4000
35
0









bonus 20 %
872
20% OF BONUS


4001-5000
45
0









pf 12 %
523
COMPANY PF CONTRIBUTION(12%)


5001-6000
60
0









esi 4.75 %
280
COMPANY ESI CONTRIBUTION(4.75%)


6001-10000
80
80









CTC
8000
COST TO COMPANY


10001-15000
100
0









pf 12 %
523
PF EMPLOYEE (12% ON BASIC)


15001-20000
150
0









pf 12 %
523
PF COMPANY(12% ON BASIC ABOVE OF 6500 GET 780)


20000 ABOVE
200
0









esi 1.75 %
103
ESI EMPLOYEE (1.75% ON BASIC+HRA+CCA)














esi 4.75 %
280
ESI COMPANY(4.75% ON BASIC+HRA+CCA)


PTAX

80









PT
80















BONUS 8.33%
363
BONUS OF YEARLY(8.33%)














TOTAL DEDUCTIONS
1873
TOTAL DEDUCTIONS














TAKE HOME
6127
TAKE HOME OF EMPLOYEE SALARY

















pkashyap - Member Since: Jun 2008
SALARY CALCULATIONS



















GROSS
:
6325









BASIC
4362















hra 25%
1091



P TAX GROSS SALAB STATEMENT









cca 10 %
436



1600-2000
16
0









con 10%
436



2001-3000
25
0









GROSS
6325



3001-4000
35
0









bonus 20 %
872
20% OF BONUS


4001-5000
45
0









pf 12 %
523
COMPANY PF CONTRIBUTION(12%)


5001-6000
60
0









esi 4.75 %
280
COMPANY ESI CONTRIBUTION(4.75%)


6001-10000
80
80









CTC
8000
COST TO COMPANY


10001-15000
100
0









pf 12 %
523
PF EMPLOYEE (12% ON BASIC)


15001-20000
150
0









pf 12 %
523
PF COMPANY(12% ON BASIC ABOVE OF 6500 GET 780)


20000 ABOVE
200
0









esi 1.75 %
103
ESI EMPLOYEE (1.75% ON BASIC+HRA+CCA)














esi 4.75 %
280
ESI COMPANY(4.75% ON BASIC+HRA+CCA)


PTAX

80









PT
80















BONUS 8.33%
363
BONUS OF YEARLY(8.33%)














TOTAL DEDUCTIONS
1873
TOTAL DEDUCTIONS














TAKE HOME
6127
TAKE HOME OF EMPLOYEE SALARY
































Here is an example of salary Calculations. These are not hard & fast rules for everyone. Some companies dont apply some of these.

BASIC.........................4362
HRA 25%.....................1091
CCA 10 %.....................436
CON 10% .....................436
GROSS .......................6325
BONUS 20 % .................872 20% OF BONUS
PF 12 % .......................523 COMPANY PF CONTRIBUTION(12%)
ESI 4.75 % ...................280 COMPANY ESI CONTRIBUTION(4.75%)
CTC ...........................8000 COST TO COMPANY
PF 12 % .......................523 PF EMPLOYEE (12% ON BASIC)
PF 12 % .......................523 PF COMPANY(12% ON BASIC ABOVE OF 6500 GET 780)
ESI 1.75 % ...................103 ESI EMPLOYEE (1.75% ON BASIC+HRA+CCA)
ESI 4.75 % ...................280 ESI COMPANY(4.75% ON BASIC+HRA+CCA)
PT ................................80
BONUS 8.33% ...............363 BONUS OF YEARLY(8.33%)
TOTAL DEDUCTIONS .....1873 TOTAL DEDUCTIONS
TAKE HOME .................6127 TAKE HOME OF EMPLOYEE SALARY


*** PT Slabs
GROSS : 6325

P TAX GROSS ..SALAB ....PT
1600-2000 ...........16 .....0
2001-3000 ...........25 .....0
3001-4000 ...........35 .....0
4001-5000 ...........45 .....0
5001-6000 ...........60 .....0
6001-10000 .........80 ....80
10001-15000 ......100 .....0
15001-20000 ......150 .....0
20000 ABOVE .....200 .....0

As per Slab & Gross Salary PTAX = Rs. 80

Here is an example of salary Calculations. These are not hard & fast rules for everyone. Some companies dont apply some of these.

BASIC.........................4362
HRA 25%.....................1091
CCA 10 %.....................436
CON 10% .....................436
GROSS .......................6325
BONUS 20 % .................872 20% OF BONUS
PF 12 % .......................523 COMPANY PF CONTRIBUTION(12%)
ESI 4.75 % ...................280 COMPANY ESI CONTRIBUTION(4.75%)
CTC ...........................8000 COST TO COMPANY
PF 12 % .......................523 PF EMPLOYEE (12% ON BASIC)
PF 12 % .......................523 PF COMPANY(12% ON BASIC ABOVE OF 6500 GET 780)
ESI 1.75 % ...................103 ESI EMPLOYEE (1.75% ON BASIC+HRA+CCA)
ESI 4.75 % ...................280 ESI COMPANY(4.75% ON BASIC+HRA+CCA)
PT ................................80
BONUS 8.33% ...............363 BONUS OF YEARLY(8.33%)
TOTAL DEDUCTIONS .....1873 TOTAL DEDUCTIONS
TAKE HOME .................6127 TAKE HOME OF EMPLOYEE SALARY


*** PT Slabs
GROSS : 6325

P TAX GROSS ..SALAB ....PT
1600-2000 ...........16 .....0
2001-3000 ...........25 .....0
3001-4000 ...........35 .....0
4001-5000 ...........45 .....0
5001-6000 ...........60 .....0
6001-10000 .........80 ....80
10001-15000 ......100 .....0
15001-20000 ......150 .....0
20000 ABOVE .....200 .....0

As per Slab & Gross Salary PTAX = Rs. 80

lakshmi.kandru - Member Since: Jun 2008
salary calculation is totally depends on "CA" for the particular company.
According to our companie's salary calculation is

PAY & ALLOWANCES


BASIC SALARY =50% (GROSS SALARY)

HRA =46% to 47%(GROSS SALARY)

DA =40%(GROSS SALARY)

MEDICAL ALLOWANCES =15%(GROSS SALARY)

DEDUCTIONS

PROFESSIONAL TAX = Rs 100 up to 10,000 IF more than 10,000 THEN PT IS Rs 200.

PROVIDEND FUND = Rs 2500 to 3500


TOTAL NET SALARY = PAY & ALLOWANCES - DEDUCTIONS

vasanti - Member Since: Jun 2008
I have recieved the part claim of PF of my late husband is it posible to get the remaining after 5 years.....

priya.ramki - Member Since: Jul 2008
hi all...

in our company, we have recurited freshers and are providing them stipends upto Rs. 14, 000. should we deduct PT and IT for the stipend or should not? any one please help me in this regard......

pondy.queen - Member Since: Dec 2007
pls go through my posting .... example : xls formate is tr HI dear I am sanjay, i need salary calculation, please anybody have this calculation please send me.

ashwin.parmar@hotmail.com - Member Since: Jul 2008
I WANT MORE INFORMATION ON PAYROLL SYSTEMS. PLEASE SEND ME ON ashwin.parmar10@yahoo.com thanking you

Naresh_HRG - Member Since: Jul 2008
Hi,
you can calculate salaries like this everymonth.....
Earnings
Basic - 50% on Gross Salary
HRA - 40% & 50 % B (B grade Cities & A grade cities)
Conv. - 800
Spl . Allowances - Difference amount
Deductions
PF - 12% on basic salary
Prof. Tax (depends on state)
ESI - 1.75% (applicable only less than/equal to 10000/- salaried employees)
TDS (if applicable)
Regards
Naresh

sudhirjangra - Member Since: Jun 2008
hy dear,
u want to know how calculate salary.send me monthly total salory iwill send u how calculate basic salory and other information.u also send me hra %,convience % and other allounces which ur company provide to employee?



Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.






Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


22442
VIEWS

42
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network