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A salary Sheet is a document that includes complete details of the amount payable to an employee for work done during a particular period. In addition, it contains details like employees' basic pay, allowances, deductions, overtime, etc.

Salary Structure : Components & How To Calculate Your Take-Home... Basic Salary (also referred to as the basic as most calculations such as HRA, etc. ... Allowances: ... House Rent Allowance or HRA. ... Leave Travel Allowance or LTA. ... Phone or wifi Allowance. ... Vehicle Allowance. ... Special or other allowances.

In this website Employee Login web application enables Govt Employee to login and check their Monthly Pay slip, Annual Salary Statements and Income-Tax statements. Some Other Facilities are also provided.

What is Cost to Company (CTC)? CTC means the expenses that the company bears for hiring the service of its employee. CTC includes all the salary components such as basic salary, house rent allowance (HRA), travel allowance, pension fund, provident fund, medical insurance and incentives (if there are any).

The components included in gross salary are basic salary, dearness allowance (DA), house rent allowance (HRA), and other allowances.

Salary Components in India Basic Salary. The basic salary is the fixed income provided to the employee. ... House Rent Allowance. ... Dearness Allowance. ... Conveyance Allowance. ... Medical Allowance. ... Mobile Allowance. ... Children Education Allowance. ... Books & Periodicals Allowance.

1. Income/ Earnings. Basic Salary: This comprises 35% to 40% of your salary, thus it is perhaps the most important component of salary. It also serves as a basis for determining the other components of salary.

Defining the Salary Management System The salary management system is a tool that incorporates an organized payroll system. It automates the basic payroll processes to help organizations be more efficient. The salary management system is usually part of a buffer system that aims to automate other tasks.