Hi Aftab,
No one has prescribed how much should be consolidated amounts. It's depending on the discretion of the establishment. Are you talking about wages payable as a consolidated amount to employees ? Why, what's the reason for thinking in this line. Normally consolidated remuneration is agreedto for consultants, apprentices/trainees, part-time workers and so on. For regular employees taken on roll, consolidated remuneration is not advisable. For the simple reason- it may pose problems while calculating EPF/ESI contributions, gratuity, pension etc. and such other employee related benefits.

From India, Bangalore
Dear Sir,
This is Etukala Shiva Krishna . I am new to HR Position and i want to know about full salary structure percentage(%) wise( Basic+Allowance+PF+ESIC+PTAX+Any other private insurances) . So please share details as soon as possible ([email protected] )
Thank you

From India, Hyderabad
Hi Shivakrishna,
First Schedule (As amended upto date)
Description Tax Per month (PM)
1.Salary and wage earners whose monthly salaries or wages in Rs:
(i) Up to 15,000 Nil
(ii) From 15,001 to 20,000 150 PM
(iii) Above 20,000 200 PM
Suggested salary structure is mailed.

From India, Bangalore

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 Cite.Co™