Basic salary minimum 50 %
HRA 40 to 50% of Basic salary
Conveyance Allowance = Amount exempt from Income tax for attending daily duty.
Balance amount can be given any terminology depending upon location as some amounts are non taxable in certain areas.
Please note that minimum wages prescribed by the state government should not be bifurcated further to avoid EPF and ESI contributions as these are need based wages.
Plan your structure accordingly.
Below is the rough calculation for 10000 net pay.
Particulars of Compensation Per Month
Conveyance Allowance 1600
Special allowance 2200
Food Allowance 200
Vehicle Allowance -
PF (12% of Basic) 600
ESIC (1.75% of Gross) 193
Total Deduction 993
Net Pay-Take Home(Gross - Total Ded) 10007