hi,
Pl let me know how to calculate Basic?
Is there any specific formula for the same? what we used to do is basic is of 40% of CTC offered. But in my current organization its not like that. they have some different slabs & we try to give net take home salary as much as we can
Pl suggest! :?
bharat
From Spain
1Pl let me know how to calculate Basic?
Is there any specific formula for the same? what we used to do is basic is of 40% of CTC offered. But in my current organization its not like that. they have some different slabs & we try to give net take home salary as much as we can
Pl suggest! :?
bharat
From Spain
Dear Bharat
There is no specific formula for calculating the Basic Pay. Every company has its own formula. Some will drive 70% of the total gross salary and same is the case with others.
Like in my company we have 55% basic pay of the gross salary and 45% house rent of the gross salary. Altogether it will become 55+45=100%
Regards,
Zubair
There is no specific formula for calculating the Basic Pay. Every company has its own formula. Some will drive 70% of the total gross salary and same is the case with others.
Like in my company we have 55% basic pay of the gross salary and 45% house rent of the gross salary. Altogether it will become 55+45=100%
Regards,
Zubair
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