dear all. I want to know that how the gross salary is divided into the breakup of basic ,hra, and conveyance. sir please advise me for above topic thanking you
From India, Delhi
From India, Delhi
below is the salary breakup..
Basic- 40 % of gross
HRA- 50 % of besic
convenynce- 800 rs monthly
medical -1000 or 1200 monthly
other allown- depends on company to company
deductions-
EPF-12 % on gross
ESIC-3 % on gross( when gross salary is less or equal to 15000)
From India, Pune
2Basic- 40 % of gross
HRA- 50 % of besic
convenynce- 800 rs monthly
medical -1000 or 1200 monthly
other allown- depends on company to company
deductions-
EPF-12 % on gross
ESIC-3 % on gross( when gross salary is less or equal to 15000)
From India, Pune
Below is the salary breakup..
Basic- 40 % of gross
HRA- 50 % of besic
convenynce- 800 rs monthly
medical -1000 or 1200 monthly
other allown- depends on company to company
deductions-
EPF-12 % on gross
ESIC-1.75 % on gross( when gross salary is less or equal to 15000)
__________________
Regards
Md Anish Ahmed
From India, Gurgaon
Basic- 40 % of gross
HRA- 50 % of besic
convenynce- 800 rs monthly
medical -1000 or 1200 monthly
other allown- depends on company to company
deductions-
EPF-12 % on gross
ESIC-1.75 % on gross( when gross salary is less or equal to 15000)
__________________
Regards
Md Anish Ahmed
From India, Gurgaon
Correction Correction
Gross Salary 13000/-
Basic (40% of Gross) 5200/-
HRA (50% of Basic) 2600/-
Convenyance Allowance (20% of Basic) 1040/-
Communication Allowance (10% of Basic) 520/-
Medical Allowance (2.96%) 154/-
News Allowance (5% of Basic) 260/-
C E Allowance (5% of Basic) 260/-
Uniform Allowance (8% of Basic) 416/-
Self Allowance (13.33% of Basic) 693/-
Gross Earnings 11143/-
PF Share (Employer 12% of Basic) 624/-
ESI Share (Employer 4.75% of Gross Earnings) 529/-
Gratuity (4.17% of Basic) 216/-
Bonus (10% of Basic) 520/-
Risk Management Cost (1.75% of Basic) 81/-
From India, Ludhiana
Gross Salary 13000/-
Basic (40% of Gross) 5200/-
HRA (50% of Basic) 2600/-
Convenyance Allowance (20% of Basic) 1040/-
Communication Allowance (10% of Basic) 520/-
Medical Allowance (2.96%) 154/-
News Allowance (5% of Basic) 260/-
C E Allowance (5% of Basic) 260/-
Uniform Allowance (8% of Basic) 416/-
Self Allowance (13.33% of Basic) 693/-
Gross Earnings 11143/-
PF Share (Employer 12% of Basic) 624/-
ESI Share (Employer 4.75% of Gross Earnings) 529/-
Gratuity (4.17% of Basic) 216/-
Bonus (10% of Basic) 520/-
Risk Management Cost (1.75% of Basic) 81/-
From India, Ludhiana
EPF is detected only from Basic pay not from DA DA - Driving allowance, this is been given for work which requires travel, also as conveyance.
From India, Madras
From India, Madras
Dear Friend, DA is Dearness Allowance and not Driving allowance. Therefore EPF is deducted on Basic + D.A. (12%).
From India, Mumbai
From India, Mumbai
Dear Nitul,
If your Salary element contains DA ( Dearness Allowance ) then that also to ba taken along with Basic for EPF calculations.
PF Employer = 12% of Basic + DA
PF Employee = 12% of Basic + DA
Cheers
Haris
Human Resources
From India, Tiruchchirappalli
If your Salary element contains DA ( Dearness Allowance ) then that also to ba taken along with Basic for EPF calculations.
PF Employer = 12% of Basic + DA
PF Employee = 12% of Basic + DA
Cheers
Haris
Human Resources
From India, Tiruchchirappalli
warm welcome to all
Ihave just finished my MBA in HR. I am having a doubt regarding the SALARY BREAKUP ( especially BASIC AND HRA ). somewhere i got it will be 40 to 50 % of gross salary or somewhere i got it will be 30 to 35 %.
i want to know, is there any fixed percentage for the salry break up?
i am so keen to be in RECRUITMENT field.
waiting for reply.
with regards
Pramod Laad
From India, Indore
Ihave just finished my MBA in HR. I am having a doubt regarding the SALARY BREAKUP ( especially BASIC AND HRA ). somewhere i got it will be 40 to 50 % of gross salary or somewhere i got it will be 30 to 35 %.
i want to know, is there any fixed percentage for the salry break up?
i am so keen to be in RECRUITMENT field.
waiting for reply.
with regards
Pramod Laad
From India, Indore
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