Dear Seniors,
Is there any rule that how much %age of CTC should be the Basic amount?
In general we take it as 30-35%, I just want to know that is there any rule for it in PF act or in payment of wages act??
Thanks in anticipation.
Regards,
Vaibhav
From India, Aurangabad
4Is there any rule that how much %age of CTC should be the Basic amount?
In general we take it as 30-35%, I just want to know that is there any rule for it in PF act or in payment of wages act??
Thanks in anticipation.
Regards,
Vaibhav
From India, Aurangabad
Dear Vaibhav, This topic had been discussed a lot of times in this site. You shall use the search option given here for better and prompt answers.
From India, Bangalore
From India, Bangalore
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CTC Calculator.xls