What is the rule for Basic Salary Calculation ? OR If gross salary is Rs.40000/- how can I calculate Basic + Da OR how can I prepare a salary structure. Please answer
From India, Pune
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If Gross salary is Rs.40000/- how can I calculate Basic Salary + DA + HRA or how can I prepare Salary structure. Please advice
From India, Pune
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Basic + Da should equivalent or more than minimum rate prescribed by Appropriate Government for pertinent industries.
From India, Pune
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Hi Rohini,

The salary structure may be as follows:

- Basic: 12000
- DA: 6000
- House Rent Allowance: 6000
- Conveyance Allowance: 800
- Medical Allowance: 1250
- Education Allowance: 200
- Other Allowances: 11750
- Variable Pay: 2000

Total: 40000.

Thank you.

From India, Mumbai
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