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Basic, hra, city allowance

Others 279 views 1 replies

What is the persentage we can take form GROSS SALARY  when Monthly salary Pay Slip create for any employee

1) Basic

2) HRA

3) City Allowance

Suppose Mr. Ram Gross Salary  Rs. 22000.00 . Comapny doesnot paid any overtime

Replies (1)

It can be calculated as per company payroll........

1) You may calculate Basic 50% of Gross Salary

22,000*50%=                     11,000/- (As per your choice)

Calculate HRA 50% if Metro City. Not Metro City 40% ( It is not mandatory that you have to calculate 50%/40% on Basic but HRA should not be more than 50%/40%

11,000*50%=                       5,500/-

Remaining amount you may declare as CIty Allowance

22,000-11,000-5,500=            5,500/-

 

 


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