usually it is observed that basic pay is 50% of total CTC.
however if we want to restructure the CTC , can the basic pay be more than 50% of CTC. if not, please provide the supporting reason and document.
Menu
Basic pay more than 50 of CTC
Replies (2)
Depends upon your local labour laws
Having a salary structure wherein the basic pay is more than 50% of CTC is more beneficial to employees. So I think this should be acceptable.
From the employer perspective, having a higher proportion of basic pay means a higher outflow.
Recent Topic
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
Related Topics
CAclubindia
