Basic Formula: These are the following heads:
Basic: assume 100000 Dearness Allowance: Assume 10% of Basic Salary House Rent Allowance: 20% of Basic Remote location allowance: Rs. 1000 Special Duty Allowance : 10% of Basic Travel Allowance: 4% of Basic This is gross salary:
Deductions:
Income tax: Take 20% Professional Tax: 200Rs Pension: 10% of Basic
Employees leave is also 30 leaves per year
30 earned leave.
8 casual leave.
20 Half pay leave.
15 Special casual leave.
Then calculate salary