Physics Research _2
Physics Research _2
Physics Research _2
Salary Structure
Component Monthly Annually
Basic 58,333 700,000
HRA* 29,167 350,000
Medical Allowance* 1,250 15,000
Convenyance Allowance* 1,600 19,200
Child Education Allowance 200 2,400
Special Allowance* 26,117 313,400
Annual Fixed Salary 116,667 1,400,000
Incentivised Pay based on performance 150,000
HRA: Can be tax free on submission of rent receipts with lease agreement and pan card copy of landlord.
Convenyance Allowance: Tax Free Slab
Special Allowance: Can be adujsted against various reimbursements to save the tax as per the company policy
TDS: There will be TDS deduction from the total salary depending upon investements declared.
PF: PF is available on voluntary basis with minimum deduction of Rs 3600