Following are the payroll related details of the staff of ABC Ltd.

You have to compute the salaries for

the 5 staff members mentioned below

Saff-1:

Mr Suraj, an accountant from Jaipur, has been offered an annual CTC of Rs.250,000.

He is eligible for HRA

His Company deducts PF on actual basic pay earned and an amount of Rs.200 per month on
professional tax. He is also eligible for ESI coverage.

Kindly compute the CTC, Gross income, Gross Deductions and Net pay based on the inputs provided
above.

Staff-2:

Ms Sarita, a software engineer from Goa, has been offered an annual CTC of Rs.500,000.

She is eligible for HRA and Rs.12,000 towards LTA

Her Company deducts PF on actual basic pay earned and an amount of Rs.200 per month on
professional tax. She is also eligible for ESI coverage.

Kindly compute the CTC, Gross income, Gross Deductions and Net pay based on the inputs provided
above.

Staff-3:

Ms Annie, an electrical engineer from Kolkata, has been offered an annual CTC of Rs.10,00,000.

The Company policy on LTA is Rs.25,000 per annum and is eligible for HRA.

She is paid a one-time payment of Rs.100,000 towards joining bonus.

Her Company deducts PF on actual basic pay earned and an amount of Rs.200 per month on
professional tax.

Kindly compute the CTC, Gross income, Gross Deductions and Net pay based on the inputs provided
above.

Staff-4:

Mr Sagar, a legal expert from Delhi, has been offered an annual CTC of Rs.25,00,000.
The Company policy on LTA is Rs.35,000 per annum. He lives in his own house and hence not eligible
for HRA

He has been asked to pay the company a one-time amount of Rs.10,000 towards laptop damage

His Company deducts PF on his actual basic pay earned and an amount of Rs.200 per month on
professional tax.

Kindly compute the CTC, Gross income, Gross Deductions and Net pay based on the inputs provided
above.

Staff-5:

Mr Preran, a HR Director from Mumbai, has been offered an annual CTC of Rs.50,00,000.

The Company policy on LTA is Rs.50,000 per annum. He lives in a rented house and is eligible for HRA

He is also eligible for a one-time incentive of Rs.125,000 and also asked to pay one-time amount of
Rs.15,000 towards shares

His Company deducts PF on his actual basic pay earned and an amount of Rs.200 per month on
professional tax. He has opted for voluntary PF of Rs.10,000 per month

Kindly compute the CTC, Gross income, Gross Deductions and Net pay based on the inputs provided
above.