Dear all seniors and juniors,
You are requested to help me out in describing the term "CCA allowance" in the salary structure. I am totally unaware of its execution and effectiveness. Presently, I am dealing with heads such as: Basic, HRA, Conv, Med Reimb, and CCA allowance.
Your prompt reply will be highly appreciated.
With regards,
Vikas Kumar
From India, New Delhi
You are requested to help me out in describing the term "CCA allowance" in the salary structure. I am totally unaware of its execution and effectiveness. Presently, I am dealing with heads such as: Basic, HRA, Conv, Med Reimb, and CCA allowance.
Your prompt reply will be highly appreciated.
With regards,
Vikas Kumar
From India, New Delhi
Hi Vikas,
CCA stands for City Compensatory Allowance. It is applicable for Tier-1 and Tier-2 cities, with 10% of basic + DA being the maximum. Some companies have set it at Rs. 850 for Tier-1 and Rs. 800 for Tier-2. CCA is only applicable for executive-level employees and above.
Cheers,
Karthik
Email: destination4success@yahoo.co.in
From India, Hyderabad
CCA stands for City Compensatory Allowance. It is applicable for Tier-1 and Tier-2 cities, with 10% of basic + DA being the maximum. Some companies have set it at Rs. 850 for Tier-1 and Rs. 800 for Tier-2. CCA is only applicable for executive-level employees and above.
Cheers,
Karthik
Email: destination4success@yahoo.co.in
From India, Hyderabad
Dear Vikash,
CCA stands for City Compensatory Allowance. The objective of including this salary component is to provide an additional amount to meet the high expenses for individual employees either transferred or deputed to metro cities like Mumbai, Chennai, Kolkata, etc.
Regards,
Atul
CCA stands for City Compensatory Allowance. The objective of including this salary component is to provide an additional amount to meet the high expenses for individual employees either transferred or deputed to metro cities like Mumbai, Chennai, Kolkata, etc.
Regards,
Atul
Dear friends,
As per my view, CC allowance means Cost to Company. It includes all the facilities given by the employer to the employee, for example, Vehicle allowance, Home allowance, food, and other allowances. All these things make up the overall package of an employee; it is not cash in hand.
From India, Bhopal
As per my view, CC allowance means Cost to Company. It includes all the facilities given by the employer to the employee, for example, Vehicle allowance, Home allowance, food, and other allowances. All these things make up the overall package of an employee; it is not cash in hand.
From India, Bhopal
The Capital Cost Allowance is "a tax deduction that allows a business to claim for the loss in value of capital assets due to wear and tear or obsolescence".
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Senior Living Arizona
From Pakistan
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Senior Living Arizona
From Pakistan
Thanks for the informative discussion.
Regards,
Reema
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From India, Coimbatore
Regards,
Reema
[COLOR=&quot;Red&quot;] Access Lakhs of job seekers' profiles for free! Just one click & Register Ratedprofiles *services only in INDIA [/COLOR]
From India, Coimbatore
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