Salary calculation

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R. Suresh (Querist)
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27 September 2008 Can you explain the salary (What basis the salary to give employees for ex: Annual salary is INR 2,00,000 how to split up this one (Basic, DA and all allowance is their is any percentage or what basis.

PIYUSH JAIN

PIYUSH JAIN (Expert)
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27 September 2008 Dear suresh,
it can be like ....

Basic - 5500
Pf -- 660
HRA - 3750
conveyance- 800
Othre Allowances- 5957
Total --- 16667 * 12 = 200000

vinod

vinod (Expert)
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27 September 2008 it depend from one company to one company way of showing the structure what example given by piyush is one of them

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S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
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28 September 2008 The basic can be increased to take advantage of medical reimbursement LTA benefit and PF and SAF benefits, depending upon the policy of the company in extending the benefits.