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Can gross salary be basic salary?

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 November 2015 Dear Experts

Please guide that

01 Can Gross Salary (e.g Rs 15000 ) be treated as Basic Pay (e.g Rs15000)

02 Is there any rule to allocate salary mandatory ?

03 Any % of Basic salary is fixed anywhere?

Please reply
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 November 2015 1 Yes Gross salary can be treated as basic pay.
2 No rule to allocate salary mandatory.
3 Full basic salary is fixed till grant of next increment.
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Tushar Desai

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Tushar Desai (Expert)
25 November 2015 fully agreed with the expert.




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