prathamesh_chawan
Hi Plz tell me how to calculate the basic salary. Thank & Regards Prathamesh Chawan
From India, Pune
priyankaa_sharrma
Basic salary is always calculated on base salary i.e (Gross - PF (Employer’s contribution)) = Base Salary. Basic = 40% of Base Salary. Hope it will help Regards, Priyanka
From India
rainbow123
6

Dear Prathamesh,
The most common method of calculation of salary structure is as follows - Rs. 1000.00 monthly salary
60% of salary -- Basic + DA - (60% Basic + 40% DA)
40% of salary -- Allowances (HRA -20% + CCA - 40% + Edu./Traveling/conveyance - 40%) ---- earning part 'A'
Deductions 'B' - 12% EPF ( of basic + DA) + 1.75% ESIC (on gross salary/ earning part 'A') + Prof. Tax + other
A - B = Net salary
All the Best.
Expecting more sharing on this issue.
Nitin Parab
9820436383

From India, Mumbai
samaste.march
Most common thing to calculate basic salary is Gross-Provident Fund=Base Salary. And Basic=40% of BS. Normally this method is using every organization.
From India, Mumbai
Ajeetmx
9

Hi rainbow 123,
could you please mail me a complete procedure & methedology of TDS on Salaries for both & female? if possible send a soft copy (in Excel format) to me at "ajeetmx@hotmail.com"
lots of love
Amarjeet

From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.