![]() ![]() Useful Salary Slip Formulas 1īasic wage + HRA + Conveyance + Medical + Special allowancesĠ.75% of employee gross wage. Step 7: Now take out the printout of the salary slip and sign it and distribute to employees. Step 6: Now subtract all the deductions from the earned gross salary of the employee in that particular month, the balance amount will be the net salary of the employee. FCI/DCPS-4-2018 Submission of regular and supplementary IOPS in respect of regular employees as well as Ex-Employees. Other(Special) Allowances (Balance allowances) FCIDCPS-01/2022 Dated regarding Procedure for change in nomination after the settlement of annuity (Pension) claim of an ex-employee. ![]() HRA (40% of the basic wage for nonmetro cities)Ĭonveyance Allowances ( 1600 Rs in urban areas) Step 5: In another column add deductions such as EPF, professional tax, ESI/health insurance, TDS, salary advances, etc… Salary calculation formula for the total paid days = (Original gross salary/Total days in the month) X Paid days in that month. This pay scale remains the same in all the zones for Assistant Grade III. The annual package of FCI AG-III is around INR 4-10 Lakhs per annum. Along with that, employees can get earned leaves on which some terms and conditions are applied by the corporation. The sum of all the earnings will be called the actual gross salary of the employee. FCI Assistant Grade III Salary is on a pay scale of Rs. Step 4: Now in one column add all the earnings of the employees such as basic wage, house rent allowances, conveyance allowances, medical allowances & special allowances. ![]()
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