Basic pay: 5,000
All allowances: 8,000
(like House rent allowance, Travel allowance, Dearness allowance, Medical allowance)
Employer's provident fund contribution: 2000
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Total basic (fixed) monthly pay: 15,000
Total basic (fixed) annual pay: 15,000 x 12 = 180,000

Annual bonus (pro-rated): 18,000
Insurance permium (life cover, health cover, etc.): 10,000
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Total annual variable: 28,000

Overtime (if applicable): 100 per hour

180,000 (fixed) + 28,000 (variable) = 208,000