Hi Senior, Pls give me the percentage of HRA, TA, & DA on Basic Salary Thanks Laxmi
From India, Bangalore
From India, Bangalore
HRA is 50% of basic for Metros and 40% of basic for non-metros. (max limit) TA & DA - No standard % of basic is applicable. Pon
From India, Lucknow
From India, Lucknow
Dear Laxmi,
Generally in an organisation, CTC/12 is your monthly CTC.
40% to 50% of Monthly salary will be Basic.
50% or 40% of monthly Basic as the case may be is HRA
DA is 65% (Central Government) (63% on Bank Employee) on the Basic Pay as the case may be, % of DA it is your company policy.
TA as such there is no percentage. You can keep the component as fixed based on the need based of company.
Thanks and regards,
Pranab Chakraborty
From India, Mumbai
Generally in an organisation, CTC/12 is your monthly CTC.
40% to 50% of Monthly salary will be Basic.
50% or 40% of monthly Basic as the case may be is HRA
DA is 65% (Central Government) (63% on Bank Employee) on the Basic Pay as the case may be, % of DA it is your company policy.
TA as such there is no percentage. You can keep the component as fixed based on the need based of company.
Thanks and regards,
Pranab Chakraborty
From India, Mumbai
Hi Seniors, I need to file PF Annual Returns Pls send me Form 6A. I request all the seniors to help me in this regard Regard Laxmi
From India, Bangalore
From India, Bangalore
Dear Laxmi As per PF BASIC+DA70% HRA30% Anyway, HRA SHOULD BE LESSER TO BASIC+DA. IF YOU PROVIDE CONVEYANCE OR TRAVELLING ALLOWANCE YOU MUST CONTRIBUTE PF WITH REGARDS V.SUBBARAO
From India, Madras
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.