Salary |
This link shows the Salary related details. The link has following features:
1. CTC (cost to the company)- provides the CTC structure which is Annual Compensation details.
2. Eligibility - Shows the entitlements under various heads , applicable based on grades and nature of job .
a. Logding & Boarding
b. DA – at headquarter and outside headquarter
c. Travel at HQ- 2 wheeler/4 wheeler eligibility
d. Mode of Travel outside HQ
e. Travel class in train/ Flight
f. Mobile expense reimbursement
g. Mobile handset
h. Health insurance
i. Office stationary expense
3. Payslip - Shows the payslip for the month chosen. The payslip shall show the earnings and deductions for the given month along with the YTD( year to date) details of earnings for a given financial year which shall be helpful for taxation purpose.
4. Investment declaration – It is important to do investments which shall add to your future savings and also for tax planning. As per the IT rules, the taxable salary is given some exemption upto a certain limit under various heads.
a) You can provide your investment declaration under various heads like HRA/Insurance/ PPF/ NSC Bonds/ Housing loans etc
b) You can opt for CTC related components which provides tax benefit like medical reimbursements, LTA and Child education allowance. This option can be opted twice in a year in April and in Oct-Nov.
This information is to be provided by 20th of April in ESS followed by a signed copy of the declaration to accounts department.
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