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Salary Slip Structure design without deduction - small IT Company with 20 employees - CiteHR

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Shai89308

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Ammu Shanvi

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pranita-m1
1

Ours is A small IT Company which is a Pvt. Ltd. started 2 years back. We have around 20 employees and need to design a salary slip as everybody is demanding it.
There is no deduction in the salary yet. Can you please suggest the structure. This is what i have designed, please help if it okay as per the rules and structure. or i need to change the slabs.
Basic 50%
HRA 25%
Special Allowance 15%
Conveyance 10%
Total 100%

From India, Aurangabad
pranita-m1
1

Dear Sr.HR. Please help me with this.
From India, Aurangabad
Shitesh_yuvraj
1

Salary breakups are management call and not mandated by law.
You may want to keep Basic at 40%, to circumvent future responsibilities.
HRA should be a percentage of Basic based on the place of posting.
You may look at few tax friendly options, like meal vouchers, etc.

From India , New Delhi
pranita-m1
1

Hi @Shitesh_yuvraj Thank you for this valuable information, really helped. Regards, Pranita M
From India, Aurangabad
Your Friend
14

Hi, if management wish they can keep the format simple with just basic, HRA and special allowances.
From India, Pune
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