Salary breakup

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 April 2013 Dear Sir,

this salary total CTC salary for one month is 12000.00

Basic 40% of total = 4800
HRA 50% on Basic = 2400
Conveyance = 800
Special Allowance = 2068

Total Gross =10068

PF Deduction 24% on basic = 1152
ESIC dedution on Total Salary (12000)6.5% on = 780

Total Salary (10068+1152+780) = 12000.00

Please tell me i am right or any amendment required

please reply soonnnnnnnnn

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 April 2013 Looks ok. just check HRA 50% is apply on metro cities, Non metro 40%

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2013 thanks for reply sir

but i had doubt in ESI deduction which one on net salary 12000@6.5%=780

is it right then my doubt will be solve

just reply one more time please

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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16 April 2013 as you mentioned the query Rs.12000 ctc, hence 6.5% ESI will apply on Rs.10068 Gross salary only