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chander sahay (j)     21 June 2017

Salary deductions

Particulars of salary Monthly Annual � Basic Pay 8530.00 102360.00 HRA 3412.00 40944.00 LTA 1871.00 22452.00 Children Education Allowance 200.00 2400.00 Conveyance Allowance 1600.00 19200.00 Medical Allowance 1250.00 15000.00 Telephone Allowance 1250.00 15000.00 Uniform Allowance 1250.00 15000.00 � � � Total 19363.00 Gross 232356.00 Gross annually � � � Employer share EPF 1024.00 12288.00 Employer share ESI 920.00 11040.00 � � � Total CTC 21307.00 255684.00 � From gross there will be further deduction of 1400 or 1500 of employee part of pf and ESI. �Means out of 21300 CTC there will be around 3500 deductions. Isnt it much? What can I negotiate with HR to increase my in hand salary if above mentioned break up of salary is given to me? Please help. �


Learning

 3 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     21 June 2017

Negotiate with your terms & conditions of your appointment letter and appraisal report from the management. 

Kumar Doab (FIN)     27 June 2017

Discuss and negotiate to the best of your interest.

Kumar Doab (FIN)     27 June 2017

As already suggested and appreciated by you, you may show all docs, agreement signed by you, communications, evidences on record to a very able local senior counsel specializing in labor/service matters for a considered opinion.

Labor/Service matters is altogether different filed of law and at each location there are a few counsels that specialize in it and they are very well known.

Usually such matters are referred to them by any counsel worth his/her salt.

Lawyers handling civil matters usually do not meddle in Labor/Service matters.

Inquire locally for such counsels and you will have a list of all such few counsels at your location.

Chose carefully, a counsel that suits you.

Use the inputs received by you in this thread in your future endeavors.

Online discussions have its own limitations and are not substitute for considered opinion and consultation with due examination of relevant docs and inputs in person with a counsel specializing in respective field of .

 

There are endless numbers of threads at LCI also by unsuspecting querists that have been fleeced by posers posing as expert lawyers.

 The discussions at LCI are FREE and should not be exploited as a medium to allure unsuspecting querists to pay a FEE in the name of so called consultation……………


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