Payroll 1

							                   Yearly & Monthly Break Up of Gross Salary

       Basic                 30%
       HRA                   20%
       City Compensatory All. 30%
       Conveyance             Rs.800 per month
       Special Allowance      Balance


                                         Yearly                          Grand Totals
Gross Salary                                                   150,000
Basic                                                           45,000
HRA                                                             30,000
City Compensatory All                                           45,000
Employers Contribution 12% of basic or
Rs. 780/- whichever is less                                      5,400
Conveyance                                                       9,600
Special Allowance                                               15,000       150,000

Less : Deduction
P.F. ( Employees Contribution 12% of
Basic or Rs 780/- whicever is less                               5,400
P.F. ( Employers Contribution 12% of
Basic or Rs 780/- whicever is less                               5,400
Professional Tax                                                 2,500        13,300
Net Salary Payable                                                           136,700
Add Performance Bonus                                                          30000
                                                                             166,700

Enter Values only in Yellow Cells
Monthly
  12,500
   3,750
   2,500
   3,750

     450
     800
   1,250   12,500



    450

    450
    200     1,100
           11,400