Percentage of basic in a gross salary

Others 4359 views 7 replies

Hello all,

is there any provision that the basic/basic+da should be 50% of the gross salary? What should be the percentage of basic in a gross salary & in which act it is mentioned?

Kindly clarify.

Replies (7)

Hello sir,


1. What are the impacts of not issuing an appointment letter, Salary increment letter & Salary slip to the employees?

2. What are the impact of considering the capital expenditure as a revenue expenditure?

Plz reply along with the AS applicability.

Thx. in advance

Regards,

Manish Lingayat

 

Originally posted by : Manish Manohar Lingayat

Hello sir,


1. What are the impacts of not issuing an appointment letter, Salary increment letter & Salary slip to the employees?

2. What are the impact of considering the capital expenditure as a revenue expenditure?

Plz reply along with the AS applicability.

Thx. in advance

Regards,

Manish Lingayat

 

YES,UNDER PAYMENT OF WAGES ACT IT IS NECESSARY TO ISSUE SALARY SLIP TO EVERY EMPLOYEE.

Originally posted by : Manish Manohar Lingayat

Hello sir,


1. What are the impacts of not issuing an appointment letter, Salary increment letter & Salary slip to the employees?

2. What are the impact of considering the capital expenditure as a revenue expenditure?

Plz reply along with the AS applicability.

Thx. in advance

Regards,

Manish Lingayat

 

YES,UNDER PAYMENT OF WAGES ACT IT IS NECESSARY TO ISSUE SALARY SLIP TO EVERY EMPLOYEE.

YES,UNDER PAYMENT OF WAGES ACT IT IS NECESSARY TO ISSUE SALARY SLIP TO EVERY EMPLOYEE.

YES,UNDER PAYMENT OF WAGES ACT IT IS NECESSARY TO ISSUE SALARY SLIP TO EVERY EMPLOYEE.

Hello Vikram sir,

 

Thx.

Regards,

Manish Lingayat

Hello Vikram sir,

 

Thx.

Regards,

Manish Lingayat


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