Basic salary means the total emolument agreed to be paid for the services of an employee. Anything over and above which are paid to compensate certain costs on account of the employee's stay in the locality for the purpose of employment are allowances. House rent allowance and travelling allowance are allowances which are compensatory in nature. There are certain amounts which will accrue on certain conditions, like incentives, overtime allowance, and these are also out of the scope of basic wages. In short there is no percentage as such for basic wages on gross salary.
From India, Kannur
4248From India, Kannur
Minimum salary is depend on various factors like, Sector , Qualification , Skill Category Etc , You can get an idea the office website i.e.
https://karmikaspandana.karnataka.gov.in/info-4/Minimum+Wages+Notification/Minimum+Wages+rates+for+the+Year+2023-24/en
Amitabh
Digital Marketing Manager
https://www.TaxwithEase.com/ca-in-rohini
From India, Delhi
https://karmikaspandana.karnataka.gov.in/info-4/Minimum+Wages+Notification/Minimum+Wages+rates+for+the+Year+2023-24/en
Amitabh
Digital Marketing Manager
https://www.TaxwithEase.com/ca-in-rohini
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Delhi - Minimum Wages w.e.f. 01.10.2012 (1).pdf
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls