Hello Everyone, Can anyone please help me or share the salary break up calculator. Thanks
From India, Delhi
2From India, Delhi
Dear Om,
There are many options available for the calculation breakup.
One of the strategy generally used is to keep basic max upto 40-50% of gross and rest as its component. HRA can be max upto 40-50% of basic and rest can be breakup into different allowances. You can have food allowance, washing allowance, LTA etc which help employees for tax saving; but again depend on the industry in which you operate and management decision whether to adopt these allowances.
From India, Mumbai
There are many options available for the calculation breakup.
One of the strategy generally used is to keep basic max upto 40-50% of gross and rest as its component. HRA can be max upto 40-50% of basic and rest can be breakup into different allowances. You can have food allowance, washing allowance, LTA etc which help employees for tax saving; but again depend on the industry in which you operate and management decision whether to adopt these allowances.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
