Hi, could someone please verify and confirm if this salary breakup is correct.
No. Particulars Amount
1 Basic 2988
2 HRA 1494
3 Special Allowance 2127
4 Conveyance Allowance 241
5 Additional Special Allowance 1050
6 On Call/Shift Allowance 540
7 Statutory Bonus 210
Total 8,650
No. Particulars Amount
1 Basic 3904
2 HRA 1952
3 Special Allowance 2779
4 Conveyance Allowance 316
5 Additional Special Allowance 1305
6 On Call/Shift Allowance 706
7 Statutory Bonus 274
Total 11,236
No. Particulars Amount
1 Basic 5108
2 HRA 2554
3 Special Allowance 3636
4 Conveyance Allowance 414
5 Additional Special Allowance 1708
6 On Call/Shift Allowance 922
7 Statutory Bonus 358
Total 14,700
From India, Bengaluru
Acknowledge(0)
Amend(0)
No. Particulars Amount
1 Basic 2988
2 HRA 1494
3 Special Allowance 2127
4 Conveyance Allowance 241
5 Additional Special Allowance 1050
6 On Call/Shift Allowance 540
7 Statutory Bonus 210
Total 8,650
No. Particulars Amount
1 Basic 3904
2 HRA 1952
3 Special Allowance 2779
4 Conveyance Allowance 316
5 Additional Special Allowance 1305
6 On Call/Shift Allowance 706
7 Statutory Bonus 274
Total 11,236
No. Particulars Amount
1 Basic 5108
2 HRA 2554
3 Special Allowance 3636
4 Conveyance Allowance 414
5 Additional Special Allowance 1708
6 On Call/Shift Allowance 922
7 Statutory Bonus 358
Total 14,700
From India, Bengaluru
Acknowledge(0)Amend(0)
The above is not a scientific remuneration structure - the basic pay is very low and probably does not fulfill the minimum wage condition. It will be necessary to pay PF contribution on (monthly gross - HRA - statutory bonus) based on the latest Supreme Court verdict.
Based on the labor codes, it will be necessary to revisit the entire remuneration structure in detail to fulfill the 50:50 conditions. (Labor codes are expected to be implemented from 01.04.2021).
S K Bandyopadhyay (WB, HOWRAH)
From India, New Delhi
Acknowledge(0)Amend(0)
409Based on the labor codes, it will be necessary to revisit the entire remuneration structure in detail to fulfill the 50:50 conditions. (Labor codes are expected to be implemented from 01.04.2021).
S K Bandyopadhyay (WB, HOWRAH)
From India, New Delhi
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.