Pay Item Master

FY 2025-26 ยท Acme India Pvt Ltd
Pay Item Master
Salary Structures
CTC Fitment Tool
Total Pay Items
24
Across all types
Earnings
14
8 statutory ยท 6 custom
Deductions
7
4 statutory ยท 3 custom
Benefits / Perks
3
All flexi-eligible
๐Ÿ”
Pay Item Type Formula Taxable PF Applicable Gratuity Flexi In Gross Status
โ ฟ
Basic Salary
BASIC
Earning % of CTC ยท 40% โœ“ Yes โœ“ Yes โœ“ Yes โ€” No โœ“ Yes Active
โ ฟ
House Rent Allowance
HRA
Earning % of Basic ยท 50% โœ“ Yes โ€” No โ€” No โ€” No โœ“ Yes Active
โ ฟ
Special Allowance
SPEC_ALLOW
Earning CTC โˆ’ sum(all others) โœ“ Yes โ€” No โ€” No โ€” No โœ“ Yes Active
โ ฟ
Leave Travel Allowance
LTA
Earning Flat ยท โ‚น25,000 / yr โœ“ Yes โ€” No โ€” No โœ“ Yes โœ“ Yes Active
โ ฟ
Medical Allowance
MED_ALLOW
Earning Flat ยท โ‚น15,000 / yr โœ“ Yes โ€” No โ€” No โ€” No โœ“ Yes Active
โ ฟ
Performance Bonus
PERF_BONUS
Earning Variable ยท on trigger โœ“ Yes โ€” No โ€” No โ€” No โ€” No Draft
โ ฟ
Employee PF
EMP_PF
Deduction 12% of PF wages โ€” No โ€” โ€” โ€” โ€” โ€” No โ€” No Statutory
โ ฟ
Employee ESIC
EMP_ESIC
Deduction 0.75% of gross โ€” No โ€” โ€” โ€” โ€” โ€” No โ€” No Statutory
โ ฟ
Professional Tax
PROF_TAX
Deduction State slab โ€” No โ€” โ€” โ€” โ€” โ€” No โ€” No Statutory
โ ฟ
Meal Coupon
MEAL_CPN
Benefit Flat ยท โ‚น2,200 / mo โ€” No โ€” No โ€” No โœ“ Yes โœ“ Yes Active
Showing 10 of 24 items
๐Ÿ’ก Salary structures define the CTC composition. Each structure is a reusable template of earning + deduction components with formulas. Assign to employees by grade/band or individually. Revision with an effective date auto-triggers arrear computation.
Structures
4
3 active ยท 1 draft
Employees Covered
149
Across all structures
Pending Revisions
2
With arrear impact
Unassigned Employees
3
No structure linked
๐Ÿ”
Structure Name Grade / Band Proration Annual CTC Gross/mo Net/mo Employees Effective Status
Standard โ€” Grade A
Basic 40% ยท HRA 50% of Basic ยท 6 components
Grade A Calendar days โ‚น12,00,000 โ‚น88,333 โ‚น74,210 38 employees 01 Apr 2025 Active
Standard โ€” Grade B
Basic 40% ยท HRA 50% of Basic ยท 5 components
Grade B Calendar days โ‚น6,00,000 โ‚น43,500 โ‚น36,822 61 employees 01 Apr 2025 Active
Executive Band
Basic 35% ยท HRA ยท LTA ยท Flexi pool ยท ESOP provision
VP & Above Working days โ‚น48,00,000 โ‚น3,40,000 โ‚น2,82,500 9 employees 01 Apr 2024 Active
Contract โ€” Hourly
Hourly rate ร— paid hours ยท No PF ยท No ESIC
Contract Hourly โ‚น4,80,000 โ‚น40,000 โ‚น39,600 12 employees 01 Jan 2025 Draft
โ€บ New Structure
Annual CTC
โ‚น0
Total cost to company
Monthly CTC
โ‚น0
Auto-computed รท 12
Monthly Gross
โ‚น0
Sum of earning components
Monthly Deductions
โ‚น0
Emp. statutory + others
Est. Net Take-Home
โ‚น0
Gross โˆ’ Deductions
โ‘  Structure Details
Name, applicability, effective date and proration method
This is the total cost to company including employer contributions
โ‘ก Earning Components
Components that make up the gross salary. Order determines formula evaluation sequence.
0 components
Pay Item * Formula / Basis Monthly (โ‚น) Annual (โ‚น) % CTC In Gross Pro-rate Flexi
+ Add Earning Component
Gross Salary (computed)
Sum of all earning components marked "In Gross"
Monthly
โ‚น0
Annual
โ‚น0
% of CTC
โ€”
โ‘ข Employer Statutory Contributions
Employer PF, ESIC, Gratuity, NPS โ€” add to CTC. Pulled from Statutory Setup but can be overridden here.
0 components
Item Formula Monthly (โ‚น) Annual (โ‚น) % CTC Included in CTC
+ Add Employer Contribution
Annual CTC = Gross + Employer Costs
Gross + Empr. costs
โ‚น0
Entered CTC
โ‚น0
โ‘ฃ Employee Deductions
Employee PF, ESIC, PT, LWF, TDS and other deductions. These reduce gross to net take-home.
0 deductions
Pay Item * Formula / Basis Monthly (โ‚น) Annual (โ‚น) Statutory Show in Payslip
+ Add Deduction
Estimated Net Take-Home
Gross โˆ’ Employee Deductions (TDS estimated, subject to declarations)
Monthly
โ‚น0
Annual
โ‚น0
โ‘ค Flexi Benefit Pool
Optional โ€” define a pool amount from which employees can choose their own benefit basket
โ‘ฅ Variable Pay Configuration
Performance bonus, incentives and one-time payouts within this structure
โ‘ฆ Employee Assignment
Assign this structure to employees. An employee can only have one active structure at a time.
โš  Changing structure assignment for an existing employee with a different effective date will trigger arrear calculation. Admin approval required.
AP Ananya Patil RK Rohan Kulkarni SM Sneha Mehta VN Vikram Nair PS Priya Shah +33 more
Live Salary Summary
Total Earnings/moโ‚น0
Employer Costs/moโ‚น0
CTC Check/moโ‚น0
Gross/moโ‚น0
Deductions/moโ‚น0
Net Take-Home/mo โ‚น0
Annual CTCโ‚น0
Earnings Empr. costs Flexi pool
Validations
โœ•Structure name required
โœ•Annual CTC not set
โœ•No earning components added
โš No deduction components โ€” PF, PT, TDS expected
โš Effective date not set
Business Rules
โ€ข Basic must be โ‰ฅ minimum wage for the state. Typically 35โ€“50% of CTC.
โ€ข HRA exemption = min(HRA received, 50% Basic metro / 40% non-metro, Rent โˆ’ 10% Basic).
โ€ข Special Allowance is the balancing figure: CTC โˆ’ sum(all others)
โ€ข Employer PF should appear in employer costs (CTC) AND employee PF in deductions.
โ€ข ESIC only if employee gross โ‰ค โ‚น21,000/month. Toggle auto-off above ceiling.
โ€ข PT is a pre-tax deduction (Sec 16iii) โ€” reduces taxable income for TDS.
Creating new structure
๐ŸŽฏ Enter a CTC and select a structure template. The tool auto-computes all components based on formula definitions, letting you adjust before assigning to an employee.
Inputs
Computed Breakdown
Component Formula Monthly (โ‚น) Annual (โ‚น) % of CTC Override
Add Pay Item
Define a new earning, deduction, or benefit component
Basic Info
Formula
Tax & Flags
Advanced
Identification
Auto-generated; unique across all items
Applicability