Dear we are pay basic 2000/- + 5000 HRA , + 5000 Conv. +and more 15000/- Hra i am correct or wrong
From India, Delhi
From India, Delhi
604
PLEASE NOTE. YOUR BASIC MUST BE AS PER THE MINIMUM WAGES APPLICABLE TO YOUR INDUSTRY . FURTHER ALSO DA IN THE SIMILAR MANNER. AFTER THESE TWO FIGURES YOU CAN BIFURCATE THE
BALANCE SALARY PORTION AS YOU WISH. IN SOME STATE HRA IS ALSO APPLICABLE WITH CERTAIN CONDITIONS. HENCE WHILE SETTING UP SALARY STRUCTURE YOU NEEDS TO OBTAIN PROPER LEGAL INFORMATION / TAKE PROPER CONSULTATION.
Pramod Thakar
9822435423
Pune Maharashtra
From India, Pune
BALANCE SALARY PORTION AS YOU WISH. IN SOME STATE HRA IS ALSO APPLICABLE WITH CERTAIN CONDITIONS. HENCE WHILE SETTING UP SALARY STRUCTURE YOU NEEDS TO OBTAIN PROPER LEGAL INFORMATION / TAKE PROPER CONSULTATION.
Pramod Thakar
9822435423
Pune Maharashtra
From India, Pune
Dear ankit,
Greetings for the day,
The component for the salary bifurcation should be like this ;
Basic salary- 50%-60% of the gross salary (but not less than the minimum wages of the state)
HRA-40%-50% of the basic salary
Cony- Rs. 800/- more than that should be taxable
Med. Allow.- Rs.1250/- more than that should be taxable
Otr. Allowance- Rest should be put under this category.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
Greetings for the day,
The component for the salary bifurcation should be like this ;
Basic salary- 50%-60% of the gross salary (but not less than the minimum wages of the state)
HRA-40%-50% of the basic salary
Cony- Rs. 800/- more than that should be taxable
Med. Allow.- Rs.1250/- more than that should be taxable
Otr. Allowance- Rest should be put under this category.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
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Salary-Note.doc
SALARY SHEET CALCULATION.xls