Hi all,
Can anyone please tell me in detail,what is the meaning of all different heads. which are available in salary slip?
Also tell me ,is there any rule to calculate. what is the proportion of HRA & other allowances to the Basic salary?
Thanks,
Samir shah
From India, Delhi
Can anyone please tell me in detail,what is the meaning of all different heads. which are available in salary slip?
Also tell me ,is there any rule to calculate. what is the proportion of HRA & other allowances to the Basic salary?
Thanks,
Samir shah
From India, Delhi
Hi Samir,
Pay Slip contains the below items:
Basic: 45% of Gross Salary.
HRA: 40% - 50% of Basic (depending on the Cities)
Conveyance: 800 (fixed).
Medical Allowance: 800 (fixed).
Special Allowance: as per the Company norms.
EPF: Employee (12% of Basic)and Employer(12% of Basic) Contribution.
ESI: Employee(1.75% of Gross Salary) and Employer(4.75% of Gross Salary) Contribution.
Thanks,
yogi
From India, Hyderabad
Pay Slip contains the below items:
Basic: 45% of Gross Salary.
HRA: 40% - 50% of Basic (depending on the Cities)
Conveyance: 800 (fixed).
Medical Allowance: 800 (fixed).
Special Allowance: as per the Company norms.
EPF: Employee (12% of Basic)and Employer(12% of Basic) Contribution.
ESI: Employee(1.75% of Gross Salary) and Employer(4.75% of Gross Salary) Contribution.
Thanks,
yogi
From India, Hyderabad
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