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Human Resource Salary Bifurcation - CiteHR

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Shai89308

Executive Hr

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Ammu Shanvi

Human Resource

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G SHASHI KRISHNA

Senior Manager - Hr

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MARSHAL

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Anish Katoch

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PranjalR

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Alka Pal

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hannahdominic
1

i would want to know salary bifurcation how it is to be done CCA,MEDICAL,LTA,CHILD EDUCATION ECT ALL THE SLAB LIMIT AND HOW TO BIFURCATE THE SALARY
From India, Mumbai
Shilpi_HR
4

Hi, We have discussed this topic many times, search it out on citehr, if still will not be clarified, do intimate. we will try to solve your query. Rgds, Shilpi
From India, New Delhi
binubabu
102

Dear,
An example :
In CTC, Salary Distribution can be
(A) Basic Salary + HRA + DA
(B) Conveyance + Medical + Other / Special Allowance if any
(C) Employers Contribution for PF (12% of Basic)
Employers Contribution for ESIC (4.75% of Gross)
(D) Employees Contribution for PF (12% of Basic)
Employees Contribution for ESIC (1.75% of Gross)
Gross Salary = (A) + (B)
CTC = (A) + (B) + (C)
Net in Hand = (A) + (B) - (D) ...
Salary break up as:
Basic-30%
HRA- 30%
Conveyances- 25%
Medical- 10%
Other- 5%....
You can change the elements and values according to your company policies.
And to know more about salary Break up please click here:
https://www.citehr.com/download-list...y+Breakup&subm it=Go
https://www.citehr.com/search_new.ph...akup&submit=Go
Thanks and Regards
Binu

From India, Thiruvananthapuram
fehaan
can a company bifurcate salary as under;
Gross Salary = Basic Salary +Mobile Allowance +Bonus Amount
I have serious concern over this practice. In my understanding bonus cannot be part of the Gross Salary rather it is given in-addition to the salary, whereas, the slary should remain (at least) as;
Basic(66.66%) of gross
House Rent Allowance (45% of basic)
Utility Allowance (10% of basic)
Please share your thoughts on this.
thanks,

From Germany, Dresden
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