Hi Friends,
Currently My Company Follows The Following Salary Structure.
Basic
DA
HRA
Conveyance
Other Allowance
Kindly Provide me the guidelines for percentage fixing for the above breakup. what are the rules governing percentage fixing.
Thanks
Vinoth
From India, Chennai
Currently My Company Follows The Following Salary Structure.
Basic
DA
HRA
Conveyance
Other Allowance
Kindly Provide me the guidelines for percentage fixing for the above breakup. what are the rules governing percentage fixing.
Thanks
Vinoth
From India, Chennai
Dear Vinoth,
The DA is as per the govt. notification. The Basic as a thumb rule is between 30% to 50% of Gross. The HRA is 50% of Basic or 40% of basic. The Conveyance is at Rs. 800/- p.m.(for ease of tax calculation), the Other Allowance is the balancing figure.
Regards,
Ashutosh Thakre
From India, Mumbai
273The DA is as per the govt. notification. The Basic as a thumb rule is between 30% to 50% of Gross. The HRA is 50% of Basic or 40% of basic. The Conveyance is at Rs. 800/- p.m.(for ease of tax calculation), the Other Allowance is the balancing figure.
Regards,
Ashutosh Thakre
From India, Mumbai
Conveyance can be upto 1600, 200 education allowance and 1250/- medical reimbursement and the remaining left can be named as Special allowance
From India, Mumbai
From India, Mumbai
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