A salary structure in Indian payroll has several components. Gross salary is the salary of an employee that includes all the components except deductions, PF (Provident Fund), and Gratuity. It includes all the components such as Basic Pay, Overtime, Bonus Pay, PF, HRA (House Rent Allowance), LTA (Leave Travel Allowance), Medical Allowance, Conveyance Allowance, Educational Allowance, etc. Gross salary is the amount an employee owns but is not a take-home salary few components get deducted every month. The take-home salary is the net pay that is received and utilized by an employee. However, an employee can utilize his PF in the future as it is a saving scheme for retirement for salaried people.