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Monthly Salary Breakdown for Mr. XYZ

This document provides a yearly and monthly salary breakdown for Mr. XYZ, a Marketing Manager. It shows that his gross yearly salary is Rs. 12,50,000 with monthly components for basic salary, HRA, city compensatory allowance, conveyance, medical, education, and travel conveyance. His total yearly CTC is Rs. 14,46,860 with a gross monthly pay of Rs. 1,04,167. Deductions for PF contributions and professional tax are listed, with a net yearly salary of Rs. 12,38,240.

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Alisha Oberoi
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194 views1 page

Monthly Salary Breakdown for Mr. XYZ

This document provides a yearly and monthly salary breakdown for Mr. XYZ, a Marketing Manager. It shows that his gross yearly salary is Rs. 12,50,000 with monthly components for basic salary, HRA, city compensatory allowance, conveyance, medical, education, and travel conveyance. His total yearly CTC is Rs. 14,46,860 with a gross monthly pay of Rs. 1,04,167. Deductions for PF contributions and professional tax are listed, with a net yearly salary of Rs. 12,38,240.

Uploaded by

Alisha Oberoi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SALARY CALCULATION

Yearly & Monthly Break Up of Gross Salary

Basic                                           65% Name Mr. XYZ (Marketing Manager)


HRA                                            10% Dept Marketing
City Compensatory Allw.                 5%
Conveyance                                   5% Approved by CEO
Medical                                          5%
Education                                       5% 
Travel Conveyance                          5% Accounts
Details Yearly Grand Totals Monthly
Gross Salary 12,50,000 1,04,167
Basic                                          8,12,500      67,708
HRA                                         1,25,000      10,417
City Compensatory All                                            62,500        5,208
Conveyance                                            62,500        5,208
Medical                                            62,500        5,208
Educational                                            62,500        5,208
Travel Conveyance                                            62,500        5,208
P.F. ( Employers Contribution 12% of 
Basic or Rs 780/- whicever is less                                               9,360
24 Leaves                                            83,333
Bonus [ If Applicable]                                         1,04,167
other costs
CTC 14,46,860 1,04,167 Gross PM
CTC [PM] 1,20,572
Less : Deduction
P.F. ( Employees Contribution 12% of 
Basic or Rs 780/- whicever is less                                               9,360           780
P.F. ( Employers Contribution 12% of 
Basic or Rs 780/- whicever is less                                                  -           -

Professional Tax- standard                                              2,400 11,760           200 980


Net Salary Payable 12,38,240 1,03,186.67 Net PM
Add Performance Bonus 
Net PA 12,38,240

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