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Salary Breakup Calculator Excel

The document provides a salary breakup calculator for an employee with a gross monthly salary of Rs. 11,000. It calculates the net monthly salary as Rs. 10,063.5 and the cost-to-company (CTC) as Rs. 11,895.95. The key deductions from the gross salary are PF contribution by employee, ESI contribution by employee, and professional tax. The employer also contributes towards PF and ESI as part of the total CTC. The net salary may vary depending on any salary advances or loss of pays for the employee.

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Babita Kumari
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1K views3 pages

Salary Breakup Calculator Excel

The document provides a salary breakup calculator for an employee with a gross monthly salary of Rs. 11,000. It calculates the net monthly salary as Rs. 10,063.5 and the cost-to-company (CTC) as Rs. 11,895.95. The key deductions from the gross salary are PF contribution by employee, ESI contribution by employee, and professional tax. The employer also contributes towards PF and ESI as part of the total CTC. The net salary may vary depending on any salary advances or loss of pays for the employee.

Uploaded by

Babita Kumari
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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Salary breakup calculator excel 2018

Gross salary per month 11000


Components In salary Percentage Per month Per annum
Basic Salary 45% 4950 59400
HRA 20% 2200 26400
Conveyance allowances 1600 19200
Special allowances 2250 27000
PF contribution by employee 12% 594 7128
ESI contribution by employee 1.75% 192.5 2310
Professional Tax (PT) 150 1800
Total deductions (PF+ESI+PT) 936.5 11238
Net Salary (Gross-Total deductions) 10063.5 120762

CTC Calculation
Employer PF contribution 13.35% 660.825 7929.9
Employer ESI contribution 4.75% 235.125 2821.5
CTC= Gross salary + (Employer PF+ ESI) 11895.95 142751.4

Note: The net salary of employee varies if employee has any salary advances & loss
of pays
Change your gross salary to calculate Net salary and CTC

Basic salary should be equal or more than minimum wages, according to that fix percentage

Fixed 1600 in cities and 800 in rural areas


Net salary - all allowances

PT varies from one state to another state, here I have taken Andhra Pradesh Professioanal tax

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