Thread Started by #nair1964

We are travel agent operating from Ahmedabad, Gujarat having 19 employees. At present we are not having any other benefit like PF, ESI, etc. My query is that if we are paying Rs. 40,000/- to one of our staff member, how can I calculate his basic salary, conveyance and house rent allowance.
Truly yours,
Thulasidharan Nair
28th February 2019 From India, Ahmedabad
Hello there,
Make 40% of basic pay from gross
make 50% of HRA from basic
make 50% of others from basic
the rest you can add components like medical or travel which are those use for tax benifits.
28th February 2019 From India, Hyderabad
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2017 Cite.Co™