Hello All,
We are a Mumbai based stock brokinig firm. This is regarding Salary Structure, which my company is following:
Basic - 67% of CTC
HRA - 20% of CTC
City Compensatory Allowance - 13% of CTC
And instead of EPF, here is dedcution of PPF equivalent to 1 Basic salary of 30 days.
Also, professional tax dedcution of 200/- per month, 2500/- a year.
Is this a correct format or can we make any changes to it....Please share your views on the same, will be thankful to you.
Thanks
From India, New Delhi
6We are a Mumbai based stock brokinig firm. This is regarding Salary Structure, which my company is following:
Basic - 67% of CTC
HRA - 20% of CTC
City Compensatory Allowance - 13% of CTC
And instead of EPF, here is dedcution of PPF equivalent to 1 Basic salary of 30 days.
Also, professional tax dedcution of 200/- per month, 2500/- a year.
Is this a correct format or can we make any changes to it....Please share your views on the same, will be thankful to you.
Thanks
From India, New Delhi
Hello All,
We are a Mumbai based stock brokinig firm. This is regarding Salary Structure, which my company is following:
Basic - 67% of Take home per annum
HRA - 20% of Take home per annum
City Compensatory Allowance - 13% of Take home per annum
And instead of EPF, here is dedcution of PPF equivalent to 1 Basic salary of 30 days.
Also, professional tax dedcution of 200/- per month, 2500/- a year.
Is this a correct format or can we make any changes to it....Please share your views on the same, will be thankful to you.
CTC= Take home per annum+1 basic salary of 30 days
Thanks
attribution https://www.citehr.com/460974-regard...#ixzz2TvQmNNu6
From India, New Delhi
We are a Mumbai based stock brokinig firm. This is regarding Salary Structure, which my company is following:
Basic - 67% of Take home per annum
HRA - 20% of Take home per annum
City Compensatory Allowance - 13% of Take home per annum
And instead of EPF, here is dedcution of PPF equivalent to 1 Basic salary of 30 days.
Also, professional tax dedcution of 200/- per month, 2500/- a year.
Is this a correct format or can we make any changes to it....Please share your views on the same, will be thankful to you.
CTC= Take home per annum+1 basic salary of 30 days
Thanks
attribution https://www.citehr.com/460974-regard...#ixzz2TvQmNNu6
From India, New Delhi
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Creating a Competitive Salary Structure.doc
Salary Structure.zip