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Copy of Salary Calculator_Sample

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12 views

Copy of Salary Calculator_Sample

Uploaded by

Manik Sandeep
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Netsmartz Infotech (India) Pvt. Ltd.

Basic Salary Slab Criteria


Annual CTC Range Upto 800000
Employee Name abc Slab No. 11
Employee Code Current Basic Pay (in case of appraisal only) -
Annual CTC (Rs.) 800,000 Statutory Criteria
Monthly CTC (Rs.) 66,667 PF Applicability (Mandatory) No
ESI Applicability No
PF Applicability (Optional) Yes
Monthly CTC Breakup
Particulars Amount (Rs.) Cross Check Rs.
Basic Salary 30,000 Employer's Share of PF 1,800 - Ok
HRA 12,000 Employer's Share of ESI - - Ok
Allowances & Perquisites 20,925 Monthly CTC 66,667 - Ok
Gross Salary 62,925 GMI 500 - Ok
Employer's Contribution to PF 1,800 HRA Ok
Employer's Contribution to ESI -
Gratuity 1,442 Notes:
GMI 500 1. Salary calculator is applicable for having annual CTC of Rs. 50K and above.
PBB 2. CTC is inclusive of Employer's share towards PF/ESI, Gratuity, GMI (if ESI not applicable) and
Retention Bonus PBB/Retention Bonus.
Monthly CTC 66,667 3. In hand salary will be subject to TDS deductions as per prevailing Income Tax Rules and NRC
deduction.
4. Allowances and Perquisites benefits will be discussed by the accounts team during accounts induction.
In Hand Salary 5. PF Optional is only for employees who wants to opt for PF for first time and/or for those employees
Gross Salary as above 62,925 getting PF deducted in previous organisation need to continue such PF deduction.
Less: Employee share of PF 1,800 6. Input data only in light blue cells. All other cells are locked and would not accept data.
Less: Employee share of ESI - 7. Select cells A1, G2 and G8 to have a dropdown appear.
In Hand 61,125 8. Area highlighted in light pink cell is not required to be printed.

Prepared by : CA Gagan Uppal


Mobile No. : 9855550294
Grades
Salary Range (per month in Rs.) Grade

0-10000 5
10001 - 20000 6
20001 - 25000 7-A
25001 - 30000 7-B
30001 - 35000 8-A
35001 - 50000 8-B
50001 - 60000 9-A
60001 - 80000 9-B
80001 - 100000 10-A
Above 100001 10-B
Basic Salary Slab
Monthly
Slab No. Annual Package Basic Salary Sr. No. Payroll Company
1 Upto 60000 3,000 1 Netsmartz Infotech (India) Pvt. Ltd.
2 Upto 75000 4,000 2 S E Biz Infotech Pvt. Ltd.
3 Upto 100000 5,000 3 Smarter E-learning Pvt. Ltd.
4 Upto 150000 6,500 4 Appworx IT Solutions Pvt. Ltd.
5 Upto 180000 7,500
6 Upto 250000 10,500
7 Upto 300000 16,000
8 Upto 400000 20,000
9 Upto 600000 26,000
10 Upto 700000 28,000
11 Upto 800000 30,000
12 Upto 900000 32,000
13 Upto 1000000 34,000
14 Upto 1100000 36,000
15 Upto 1200000 40,000
16 Upto 1500000 45,000
17 Above 1500000 50,000
a) Pvt. Ltd.

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