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Thanks a lot friends...
Got the point so well that will never forget :)
Thank you all for your valuable time and knowledge..
would get back if i would have any problem in doing it practically... :)

Hi Charu, Look at my blog to understand financial myth behind all Basic salary, HRA component in salary slip and effect of it on income tax calculation. indiansalaryslipsimplified.blogspot
Hi friends,
I want to change the Salary Bifurcation for company which will be beneficial for long term whether in future increment occur this can be standard formula.
I need this procedure to considering lower staff as well as for pf.So what should be the percentage of basic,HRA, conveyance and special allowances .

Dear Mr Hari
The bonus is always paid on Gross Salary. The percentage differs from organisation to organisation. Some companies give Bonus equivalent to Half month salary and Some give Full month salary.
Remember Bonus is an income to Employee and if after giving the Bonus , Employee comes under Tax Slab then deduct the TDS as applicable and then pay the Bonus.
For any querries you may contact any time.
Kailash Dadhich

hi sir,
my name vinit and i work in a construction company from one year on contract base. there for my question is.....
1. Is i am eligible for hra and other type of allowance because they only give me salary without any salary slip.
2. First my salary coming through pmpl company buy now they change my company but my former company didnot pay me any full and final payment can i claim for it. like hra medical and other fund.
3.And also for they always tell me that we can fired you in any time without any notice pay i.e. one or two month salary so can i eligible for it.
4.If they not give me any money then what action i take.
5.I have bank salary paper and also a paper that have sign of that organisation company site incharge for opening a bank account.
Please help me sir for this because in there office no body help me..........

Hi City HR Team, Can u help me to know the percentage of BASIC and DA on gross salary
Hi, I just want to know the laest salary bifercation with out deductions. Could you please helpme out
Hello, I want know about, what are the benefit of salary bifurcation for both side employer or emplyees

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