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Monthly Components Per Month (RS.) Annualized (RS.) : CTC Annexure

This document outlines the monthly and annual compensation breakdown for an employee, including a basic salary of Rs. 7,625 per month (Rs. 91,500 annually), allowances for HRA, communication, conveyance, attire, and education, and a special allowance. The total cost to the company is Rs. 16,288 per month (Rs. 195,456 annually), which includes the employee's EPF and medical insurance contributions. Monthly deductions for PF, ESIC, and professional tax total Rs. 1,045, leaving an approximate net in-hand salary of Rs. 14,005 per month.

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Poovendhan Mani
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149 views1 page

Monthly Components Per Month (RS.) Annualized (RS.) : CTC Annexure

This document outlines the monthly and annual compensation breakdown for an employee, including a basic salary of Rs. 7,625 per month (Rs. 91,500 annually), allowances for HRA, communication, conveyance, attire, and education, and a special allowance. The total cost to the company is Rs. 16,288 per month (Rs. 195,456 annually), which includes the employee's EPF and medical insurance contributions. Monthly deductions for PF, ESIC, and professional tax total Rs. 1,045, leaving an approximate net in-hand salary of Rs. 14,005 per month.

Uploaded by

Poovendhan Mani
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

CTC Annexure

Monthly Components Per Month (Rs.) Annualized (Rs.)

Basic 7,625.00 91,500.00

HRA 3,813.00 45,756.00

Communication Allowance 500.00 6,000.00

Conveyance Allowance 1,600.00 19,200.00

Attire Allowances 150.00 1,800.00

Education Allowance 200.00 2,400.00

Special Allowance 1,162.00 13,944.00

Sub Total 15,050.00 180,600.00

Company's Contribution to EPF( 12% +1.61% EDLI Of Basic Pay) 1,038.00 12,456.00

Company's Contribution to ESIC( 4.75% of Gross Pay) - -

Group Medical Insurance 200.00 2,400.00

Sub Total 1,238.00 14,856.00

Cost to Company 16,288.00 195,456.00

Deductions Per Month

PF (Employee Contribution @12% of basic pay) 915.00

ESIC(Employee Contribution @ 1.75% of gross pay) -

Professional Tax (As per slab) 130.00

Total Deduction 1,045.00

In Hand Salary Per Month (Approx.) 14,005.00

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