Salary Structure
Configure salary components and CTC breakdown
Salary Structure
CTC Components
- Basic Salary: Core salary (typically 40-50% of CTC)
- HRA: House Rent Allowance
- Special Allowance: Flexible component
- LTA: Leave Travel Allowance
- Medical Allowance: Health-related expenses
Deductions
Automatic calculations:
- PF (Employee + Employer)
- ESI (if applicable)
- Professional Tax
- Income Tax (TDS)
Configuring Structure
- Go to Payroll > Salary Structures
- Create new or copy existing
- Define components
- Set calculation rules
- Assign to employees
Annual View
View annualized figures:
- Gross salary
- Total deductions
- Net annual pay