Salary design
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 July 2013
Can any tell me how a salary structure is designed for an employee.
i.e., how much percentage of H.R will be in basic and D.A.
How many components will be there in salary of an employee ?
i.e., how much percentage of H.R will be in basic and D.A.
How many components will be there in salary of an employee ?
CMA Ramesh Krishnan
(Expert)
02 July 2013
HRA can be 40% or 50% on basic, if metro 50% non metro 40%
according to tax exemption components can be decided. there is no limit for maximum components
Basic, HRA,DA Transport allowance, LTA, Medical, PF,Food, Children education allowance and hotel expenses allwance etc.
according to tax exemption components can be decided. there is no limit for maximum components
Basic, HRA,DA Transport allowance, LTA, Medical, PF,Food, Children education allowance and hotel expenses allwance etc.
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