Configure Indian Labour Law salary components
Rajesh Kumar
SRK-EMP-001 • Senior Engineer
Arun Kumar
SRK-EMP-002 • Site Supervisor
Priya Sharma
SRK-EMP-003 • HR Executive
Suresh Babu
SRK-EMP-004 • Accountant
Plot No 40, Cyber Towers Lane, Hyderabad
REG: HR-TS-55410-09 • LABOUR CODE 2026
Date: 2026-07-20
| Component Description | Earnings (₹) | Deductions (₹) |
|---|---|---|
| Basic Pay + Dearness Allowance (DA) Component A1 (50% Labour Code Rule) | ₹25,000 | - |
| House Rent Allowance (HRA) + OA Component A2 (30% Wage Code Rule) | ₹15,000 | - |
| Special Allowance / Statutory Bonus Component A3 (Balancing Allowance) | ₹10,000 | - |
| Monthly Performance Incentive Component A4 (Performance Variable) | +₹2,000 | - |
| EPF Employee Share (PF 12%) Component B1 (12% of Basic+DA) | - | ₹3,000 |
| ESI & Professional Tax (PT) Component B2 (Statutory State Levies) | - | ₹200 |
| Tax Deducted at Source (TDS) Component B3 (Income Tax Deduction) | - | ₹1,600 |
| Advance Salary / Loan Recovery Component B4 (Monthly Advance Recovery) | - | ₹2,000 |
| TOTAL MONTHLY GROSS vs DEDUCTIONS | ₹52,000 | ₹6,800 |