hi,
Please help me out with the Salary break up and calculation
because i am new to the generalist position.......please help me out.This will be more usefull for ......i want to know to calculate the salary[entire payroll process].
Regards
Asha
From India, Madras
Please help me out with the Salary break up and calculation
because i am new to the generalist position.......please help me out.This will be more usefull for ......i want to know to calculate the salary[entire payroll process].
Regards
Asha
From India, Madras
Hi Asha
Tell me what are the components in salary as per the company policy. If not then you shall use below structure
Basic around 50% on the gross (Make sure as Basic + DA is not less than as per minimum wages)
HRA 40-50% on Basic
Conveyance Allowance Rs.800/- PM (Max is 800/- PM)
Medical Allowance Rs.1250/-PM (MAx is 1250/- PM)
Special allowance (Difference between Gross and total of other components)
Deductions as applicable
PF
ESI
PT
TDS
Others
From India, Bangalore
639Tell me what are the components in salary as per the company policy. If not then you shall use below structure
Basic around 50% on the gross (Make sure as Basic + DA is not less than as per minimum wages)
HRA 40-50% on Basic
Conveyance Allowance Rs.800/- PM (Max is 800/- PM)
Medical Allowance Rs.1250/-PM (MAx is 1250/- PM)
Special allowance (Difference between Gross and total of other components)
Deductions as applicable
PF
ESI
PT
TDS
Others
From India, Bangalore
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