rupavathi
3

Dear Seniors,
I have got an assignment to prepare salary structure for our employees. Please tell me on which basis i have to categorize the salary in to Basic, HRA, CA etc. what percentile i have to take in order to get the basic of a salary?

From India, Kakinada
pon1965
604

40% - 50% of Gross pay as Basic.
40% of basic as HRA in case of non-metros or 50% of basic as HRA for metros.
Medical Assistance - 1250/- p.m. max
Child Education - 100/- per child p.m. max 2 children
Conveyance allowance - Rs.800/- p.m max.
LTA - as per company policy
Rest as Spl. allowance
Pon

From India, Lucknow
pon1965
604

Yes, Min wages apply. what is your industry type? Salary structure for staff or workmen? Pon
From India, Lucknow
rupavathi
3

Sir,
Our's is a Non banking Financial company. I want to know whether basic wage should be fixed according to the minimum wages act?
Please send me the minimum wages of Andhra Pradesh which would be applicable from 2012-2013

From India, Kakinada
svsrana
41

is it purely for tax reduction ? delete the "spl allowance" part, its entirely taxable and a misnomer
From India, Delhi
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