somadas

"Greetings Mr. Sumeet, Greetings... Happy Diwali!!! In our company, the gross salary components consist of Basic+HRA+Trans. All.+Child Education All.+Soft furnishing All. (for certain grades only)+Other All. The PF enforcement officer pointed out that "Other All." should be a specific allowance, and th" ... (more)

"Greetings Mr. Sumeet, Thank you so much for your kind response. I will definitely discuss with the management about the alternative nomenclatures as suggested by you. But before that, I just wanted to know whether any of these nomenclatures have any implications regarding statutory compliance becaus" ... (more)

"Greetings All, Greetings for the day. Also, accept my heartiest Diwali greetings in advance. Please be informed that our company is a construction company, having several projects running at various places all over India. In our company, the Gross Salary structure consists of components like Basic, HRA" ... (more)

"Greetings Sirs (Mr. Banerjee & Kumar S.), Please accept my sincere thanks for the valuable guidance and inputs provided by you. This will definitely help me a lot to complete my assignment. With regards, Soma." ... (more)

"Greetings Sir, Thank you very much for the kind explanation. Sir, may I request your kind self to guide me on how to calculate DA from CPI. With regards, Soma." ... (more)

"Greetings Sir (Mr. Kumar S.), Thank you so much for your kind response. Requesting you to kindly suggest a suitable way of calculating the salary where we can have a pre-decided gross and the components as a percentage break-up without violating the statutory requirements. We do have the government CPIs" ... (more)

"Greetings All my seniors, I am extremely thankful to you all for sharing your knowledge and enriching me. I genuinely appreciate your kind efforts to clarify my doubts. However, I will seek a little further guidance from your end. First, let me clarify the exact condition in my organization. In the Standin" ... (more)

"Mr. Nilesh, Thank you very much for the response. Will the same be applicable if the employee is on a fixed-term contract and we issue him a fresh contract with the revised structure where the basic comes down? Regards, Soma." ... (more)

"Our organization is undergoing a revision in the salary structure. Under the new system, there is a probability that for a few employees, the basic salary may decrease from their present basic salary, though their gross will either not change or may increase. The employees so affected are also okay wit" ... (more)