Hi I want to know wht is the actual work of HR Field & why the opportunities r very less for HR person ,Please HR me Different typers of MIS reports.
From India , Dehra Dun
I think the max HRA will be given is 60% of Basic. Educational allowance has to do nothing with basic. It depends on how much the average cost of education in a particular area for children. The educational allowance on the employee will depends on the company whether they pay for and course or only the certification charges.
From United Arab Emirates , Dubai
A)Basic 40 % Gross Saalry
B)HRA 40 % Basic
C)CCA 9600 P.A
D)EA 2400 P.A
E)PF 12% of Basic
F)Medical Alalownace 15000P.A
G)LTA 15000 P.A
H)Employer's ESI 4.75%of Gross Salry
I)Emplyoer's PF 12%of Baisc
Gross Salary Sum(A to H)
CTC Sum(Ato I)

From India , Hyderabad
Prudhvi


Percentage calculation fixed by the management earlier as per grade and hierarchical position based

HRA & other allowances (35%) Senior level (40%) Manager level (45%) General Manager vice president (50%) etc



Junior level Management Category

Basic pay 6000
HRA 35% (as per company & grade) 2100
Allowances 35% (as per company & grade) 2100
Conveyance = If its
Gross pay = 10200

Provident fund 12% = 720

Net Pay = 9480
whether it's clear or .........
let me know the ceiling amount for LTA and Medical Reimbursement
any one can clarify this one

From India , Madras
hi Basic = 40% of CTC HRA = 50% of baSIC MEDICAL = 1250 Convence allowance = 800 Special allowance ( Basic - HRA- Medical - convey & other) Pf = 12% of basic
From India , Gurgaon
Hi ! Salary Breakup varies from company to company along with different grade of companies. Company divedes salary break-up to provide indrect benefits to company.

For example :

S.No.ParticularsBreaks up1Basic55%2HRA28%3Transport Allowance800Fix4Medical Allowance1250 Fix5Dress / Uniform AllowanceAs per policy6Food CoupensAs per policy7Child Education AllowanceAs per policy8Books & PeriodicalsAs per policy9EntertainmentAs per policy10LTAAs per policy11Conveyance ReimbursementAs per policy12131415OthersAs per policyGross Salary</SPAN></SPAN></SPAN>Employer Share for PF 12%ESIC Employer Share</SPAN></SPAN>4.75%</SPAN></SPAN>CTC</SPAN></SPAN>

Grades in Company :

Salary Structure of EmployeesGradeDress AllowanceBooks & PeriodicalsEntertainment AllowanceMeal CoupensLTAProfessional DevelopmentPetrol/Conveyance AllowanceTelephone/Mobile ReimbursementTotalDirectors 15,000 15,000 50,000 1,500 8,000 10,000 80,000 10,000 189,500 CEO 15,000 15,000 50,000 1,500 8,000 10,000 80,000 10,000 189,500 Sr.VP 5,000 5,000 30,000 1,500 5,000 6,000 50,000 3,000 105,500 VP 5,000 5,000 30,000 1,500 5,000 6,000 30,000 1,500 84,000 AVP 3,000 3,000 18,000 1,500 3,000 5,000 20,000 1,500 55,000 Sr.Manager 3,000 3,000 18,000 1,500 3,000 5,000 10,000 1,000 44,500 Manager 2,000 2,000 7,500 1,500 2,000 2,500 5,000 1,000 23,500 DM/Asst.Manager - - - 1,500 2,000 1,500 - 800 5,800 Sr.Executives & others - - - - - - - 700 700 Total 48,000 48,000 203,500 12,000 36,000 46,000 275,000 29,500 698,000 Points to be Noted :1These all reimbursement are at the sole discretion of employee.2All allowances are reimbursed against submission of bills except for Dress Allowance & Meal Vouchers.3LTA will reimbursed once in two years.4FBT @6.80% will be payable by employees.5Once if you opt for the same it will be applicable for that financial year.

You can contact me on 9930165288.

Pavan Mundra

From China ,
Respected Gurus,
I want to know about TDS & TCS Returns and all brief summary on TDS AND TCS
Regards
Deepak Shrivastava
Accountant
Hotel Gwalior Regency
Gwalior
9329653367
whats is this tell me discriptiv

From India , Bhopal
Basic is 40% of gross salary.
HRA is 40% of basic
Special Allowance on balance = gross - (basic + HRA)
Conveyence Allowance = 800
other allowances have different slabs
Provident Fund = 40% of basic
sadhana

From India , Pune
If Gross salary : 12000 then salary break up is like this:

Earnings Deduction:

Basic salary : 3600(30% of gross) PF(12% of basic) : 432
HRA : 1440 ( 30% BASIC) Gratuity(4.81% of basic): 173.16
Conveyance : 800
Medical reim : 1250
Special allowance : 4305

From India , Mumbai
Hi,
Mentioned below are the Salary Components:
1. Basic - 100% of the gross salary
2. HRA - 50% of basic in metro and 40% non metro
3. Conveyance - 800 fixed per mnth
4. Medical Allowance - 1250 fixed per mnth
5. LTA ((subject to company policy and entitlement) - 8.33% of Basic
6. Superannuation (Subject to company policy) - can be 3% - 6% of basic
7. PF (Subject to company policy) - 12 % of basic (employee contribution)
8. Flexi Basket--- its a fixed amount to can be for driver utilisation , petrol reimbursements, books & periodicals, home furnishing, business attire etc(this is non taxable)
***
Formula to calculate basic is 100+50+8.33+3+12=173.33
eg: salary 25000 pm, minus the fixed amount like conveyance and medical and flexi if ..so 25000-800-1250=22950
basic=22950/173.33*100
HRA = basic*50% ...
....
..

From India , Delhi

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