Grand CTC

Yearly & Monthly Break Up of Salary for F.Y. 2008-09

Basic 50%
HRA 20% Monthly
Medical 10% salary x 12 +
Misc. 1% 8000+E.P.F.
Conveyance 6% yearly
Education. (13% - E P F + ESIC)
Particulars Yearly Grand Totals Monthly Monthly
Salary Break Salary Total
up
Annual CTC without Bonus & L. T. A. 2 49 360 20 780
Basic 1 24 680 10 390 14961.6
H. R. A. 49 872 4 156
Misc. Allowance 2 494 208
Medical Allowance 24 936 2 078
Conveyance Allowance 14 962 1 247
Education Allowance 23 057 1 921
Mobile and Car Expense ( On Actual) Cross Check
*Gratuity
**Superannuation
Gross Salary (A) 2 40 000 20 000 (A) 257,360
Performance Bonus + L.T.A. 8 000 21,447
Less : Deduction (B) 667
PF - Employers Contribution 12% of basic or
Rs. 780/- whichever is less 9 360 780 780
P.F. ( Employees Contribution 12% of Basic
or Rs 780/- whicever is less) 9 360 780 780
ESIC - Employers Contribution 4.75% of
Gross Salary. - -
ESIC - Employees Contribution 1.75% of
Gross Salary. - -
Professional Tax 2 500 11 860 200 980 (B) 200
Net Salary Payable (A-B) 2 28 140 19 020 (A-B) 19,020
Conveyance Re-imbursement
Total Cost to the Company (Annual) 2 57 360 19 020

NOTES:
There are 6 variables (mark in yellow cells) in this file only that we need to punch the figure.
Insert the Gross Salary
in the mentioned cell
1 20000 (Extreme right).

Cell "M8"
Insert Monthy Salary
multiply by 12 months +
8000 (yearly Bonus
+LTA) +9360 P.F.
Yearly. If E.S.I.C is
applicable you have to
2 20000*12+8000+9360 insert that amount as
well from Diff column

Cell "K8"
 ESIC Diff. amount - It
will show us the
difference if any for
ESIC. (for their Addition
and Substraction .On
3 0 basis of that we have
add or substract.)

Cell "M12"
Mobile and Car
4 Expense ( On Actual)
Cell "C26"
*Gratuity (Eligibility for
Gratuity: 5 years of
5
Service )
Cell "C27"
*Superannuations
(Eligibility for
6 Superannuation: 10
years of Service )
Cell "C28"
 2 57 360 ESIC 20 000
Gross Salary

hly
x 12 + ESIC Diff amount 0
E.P.F.

Diff. amount
(This cell
should be
Zero)

1246.8

20,000

980
19,020