Dear All, Can some one help on "how to divide salary". For exp.. if the salary is 30K / month then how to divide that for Basic, PF, ESI, HRA, etc... according to the Law.
From India, Vijayawada
From India, Vijayawada
Dear Chaitanya.
please find the break up
Gross - 30000
Basic -40 % of gross - 12000 ( 50% of gross in case of metro cities )
HRA - 40 % OF bASIC - 4800
Conveyance - 800 ( fIXED )
Medical - 1250 (Fixed )
Special Allowance - 11150 ( Remaining amount )
Deduction
Pf - 12% of basic - 1440
ESIC- if gross Salary is more than 15000 rs,.then they are not eligeble for esic
Prof . tax - 200
Regards
KUMAR
From India, Bangalore
4please find the break up
Gross - 30000
Basic -40 % of gross - 12000 ( 50% of gross in case of metro cities )
HRA - 40 % OF bASIC - 4800
Conveyance - 800 ( fIXED )
Medical - 1250 (Fixed )
Special Allowance - 11150 ( Remaining amount )
Deduction
Pf - 12% of basic - 1440
ESIC- if gross Salary is more than 15000 rs,.then they are not eligeble for esic
Prof . tax - 200
Regards
KUMAR
From India, Bangalore
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