How to define salary structure for a Employee...? Like how to calculate HRA and Basic pay ,Conveyces
From India, Hyderabad
HI,
Please find attached salary breakups..
HRA = 40% of basic(non metro cities),50% of basic(metro cities)
Conveyance = 800 fixed(only 800 per month taking as Tax exemption)
Medical = 1250 ((only 1250 per month taking as Tax exemption)
LTA = as per company policy(normally companies give 1250 per month)
Children Education = 100per child ,only for two childrens..

From India, Hyderabad
Attached Files (Download Requires Membership)
File Type: xls Salary Breakup.xls (21.0 KB, 388 views)

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