Limit on Basic Salary

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Accountant
27 Points Posted on 29 April 2008

Hi,

Is there any percentage to be fixed on CTC for Basic salary as per any law.

Thanks

Priya

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On 29 April 2008 at 14:28 Report
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Service
6158 Points Posted on 29 April 2008

No, there is no such requirement.

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On 29 April 2008 at 15:05
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Practising Chartered Accountant
931 Points Posted on 29 April 2008

Nope.

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On 29 April 2008 at 15:55
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PRACTISING CA
4283 Points Posted on 29 April 2008
No.
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On 29 April 2008 at 15:59
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Accountant
27 Points Posted on 02 May 2008

Thanks you so much.

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On 02 May 2008 at 16:56
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Manager
57 Points Posted on 28 May 2008

No,

But generally co's keep the basic salary around 35-45 % so that the HRA benefit can be granted to the employees.

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On 28 May 2008 at 12:43

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