Salary structure

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2013 Hi,,

ours is start up company we have 5 staffs and each staffs salary comes around 5 to 6 lkhs
please advise how can make salary structure
Eg Mr A Salary is 566400 p/a

@VaibhavJ

@VaibhavJ (Expert)
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21 August 2013 Hey

Is this Gross Salary or CTC.

Thanks//Vaibhav

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2013 Hi sir

ITS TAKE HOME

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@VaibhavJ

@VaibhavJ (Expert)
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21 August 2013 Hey

Provide me CTC (Total cost to company) & corresponding desired Net salary.

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2013 Sir actualy ours is a small & start up company just our boss agreed salary package of 566400 (47500 take home p/m) in that we have to make structure

@VaibhavJ

@VaibhavJ (Expert)
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21 August 2013 Ok, Fine.. See this.

BASIC...................Rs.23,000
HRA.....................Rs.12,000
SPECIAL ALLOWANCE.......Rs.7,250
CONV....................Rs.800
EDUCATION ALLOWANCE.....Rs.200
FUEL REIMB..............Rs.6,000
MEDICAL REIM............Rs.1,250
GROSS SALARY............Rs.50,500
Less:...................
PF......................Rs.2,760
PT......................Rs.200
NET SALARY..............Rs.47,540

Thanks

Querist : Anonymous

Querist : Anonymous (Querist)

21 August 2013 ok thank you very much sir please tell me TDS is applicable on what amount in this

@VaibhavJ

@VaibhavJ (Expert)
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21 August 2013 Hi

Pl refer for TDs: https://www.caclubindia.com/forum/salary-its-meaning-amp-how-to-calculate-tds-on-salary-easily-232338.asp#

Thanks

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CA BHARATH KUMAR

CA BHARATH KUMAR (Expert)
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22 August 2013 you can download salary structure file -
https://www.caclubindia.com/share_files/payroll-solutions-in-single-sheet-49604.asp#.UhWVKtKBmDk