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Sourav Hajra (Director)     16 December 2016

Percentage of basic salary in gross salary

Respected members,

Is there any legal requirements for a pvt. ltd. company to pay their employees a 'gross salary' that constitutes 60% of the amount as 'Basic Salary'?

Regards,

Sourav



Learning

 1 Replies

Kumar Doab (FIN)     16 December 2016

Usually it is BASIC + D.A. 60%, H.R.A. 20%, OTHER ALLOWANCE 20%

Basic should confirm to Min.Wages Act, Min.Wages Central Rules...


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