Payroll
Payroll
Date of
EMP ID Employee Name Qualification Designation Joining Yearly Gross
101 Shreya Hegde MBA CFO 7-Apr 840,000
102 Kiran Bhat B.Com Accounts Executive 18-May 156,000
103 Raghu SSLC Office boy 16-Jul 60,000
Gross after
EMP ID Employee Name leave Basic HRA Conveyance
101 Shreya Hegde 65,484 19,645 9,823 3,274
102 Kiran Bhat 13,000 3,900 1,950 650
103 Raghu 4839 1,452 726 242
Deductions
Whole Number
value is rs1800
value is 12%
0,N4*12%)
=IF(N10<21000,N10*0.75%,"N/A")
=IF(N16>=25000,"200","N/A")
CTC structure
Salary structure
Employee Code 101
Name Shreya Hegde
Qualification MBA
Designation CFO
Date of joining 4/7/2023
Monthly salary 70000
Annual CTC 840000
Fixed Benefits-A
Basic 21,000
HRA 10,500
Conveyance allowance 3,500
Medical allowance 7,000
Specilal allowance 28,000
Total Monthly 70,000
Total Annual 840,000
Retirement Benefits-B
Provident Fund(12% of basic salary) 21,600
Employee state insurance (ESI)
0.75% on gross salary,if its below 21000 pm) 0
Gratuity
Total Annual Retirment Benefits 21,600
Variable pay-C
On Target Above Target
Variable performance pay (VPP) 0 0
Other Benefits-D
Hospitalization & Personal Accident Insurance Premium
On Target Above Target
0 0
Total cost to company-TCC(A+B+C+D) 861,600 861,600
COMPANY NAME
Address of the company
MCJ Power Source Private Limited
Pay Slip May-21
Employee ID 101 Total Working Days 31
Employe Name Shreya Hegde LOP Days 2
Designation CFO Paid Days 29
Department Bank Name
Date of Joining 7-Apr Bnk A/c No
Gross Salary 70,000
UAN
Earnings Deductions
Basic Salary 21,000 EPF 21600
House Rent Allowances 10,500 Health Insurance/ESI 0
Medical allowance 7,000 Professional Tax 200
Conveyance allowance 3,500
Special allowance 28,000 Total Deduction 21,800
Gross Salary 70,000
Net Pay 48,200
Amount in words