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  • Break Up - A

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    Anuj Pandey
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    This document outlines an employee's compensation package (CTC) on a monthly and yearly basis. The monthly CTC amounts to Rs. 14,759 and includes components like basic pay, HRA, conveyance allowance, special allowance, LTA, medical allowance, and bonus. Rs. 748 is deducted each month as the employee's PF contribution. The yearly benefits include gratuity of 4.81% of the gross salary as per the Act after 5 years of service, totaling to Rs. 1048. The total fixed pay per year is Rs. 15,807 and the total CTC including any variable pay is Rs. 15,807.

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    Original Title

    BREAK UP - A

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    This document outlines an employee's compensation package (CTC) on a monthly and yearly basis. The monthly CTC amounts to Rs. 14,759 and includes components like basic pay, HRA, conveyance allowance, special allowance, LTA, medical allowance, and bonus. Rs. 748 is deducted each month as the employee's PF contribution. The yearly benefits include gratuity of 4.81% of the gross salary as per the Act after 5 years of service, totaling to Rs. 1048. The total fixed pay per year is Rs. 15,807 and the total CTC including any variable pay is Rs. 15,807.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Break Up - A

    Uploaded by

    Anuj Pandey
    This document outlines an employee's compensation package (CTC) on a monthly and yearly basis. The monthly CTC amounts to Rs. 14,759 and includes components like basic pay, HRA, conveyance allowance, special allowance, LTA, medical allowance, and bonus. Rs. 748 is deducted each month as the employee's PF contribution. The yearly benefits include gratuity of 4.81% of the gross salary as per the Act after 5 years of service, totaling to Rs. 1048. The total fixed pay per year is Rs. 15,807 and the total CTC including any variable pay is Rs. 15,807.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Annexure A

    COMPENSATION PACKAGE (CTC)

    MONTHLY
    S.NO.

    COMPONENTS

    PER MONTH (%age)

    PER MONTH
    (Amount in Rs.)

    BASIC PAY

    100%

    6236

    HRA

    50%

    3118

    CONVEYANCE

    25%

    1559

    SPECIAL ALLOWANCE

    25%

    1559

    LTA

    8.33%

    519

    MEDICAL

    8.33%

    519

    BONUS

    20%

    1247

    TOTAL (A+B+C+D+E+F+G)

    237%

    14759

    PF (Employee's Contribution)

    748

    NET SALARY (Take Home)


    (H-I)

    14010

    PF (Employer's Contribution)

    748

    REMARKS

    ( - Income Tax As Applicable)

    YEARLY BENEFITS
    L

    GRATUITY

    TOTAL (K+L)

    4.81%

    300

    FIXED PAY
    (Gross Salary) (I+J+M)

    15807

    TOTAL CTC (Including Variable Pay, As Applicable) (N+O)

    15807

    As per the Act (Payable After 5 Years)

    1048

    NOTE :
    1. If an employee joins our company in mid of the year (other than starting of the financial year), he / she shall submit Form No. 16 / salary certificate
    along with the Tax saving documents to the Finance and Accounts dept for Income Tax calculation purpose. If not submitted income tax may be
    deducted based on the same income for full year.

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