mkprasad2004
54

All Gamut of Human Resources, Electrical Engineering
Hi Friends, Here is Compensation rules,Design & Guidelines. Please see the attachment. Keep Smiling........ mahesh k prasad
From India, Mumbai

Attached Files
File Type: pdf COMPENSATION_Guidelines[1].pdf (60.5 KB, 4085 views)

mkprasad2004
54

All Gamut of Human Resources, Electrical Engineering
Hi Kunal, This file is not corrupted , but is in latest version of PDF However i am attaching the same in word file for you all. Regards mahesh kprasad
From India, Mumbai

Attached Files
File Type: doc COMPENSATION RULES AND DESIGN GUIDELINES.doc (72.5 KB, 2562 views)

balaram
4

Dy. Mgr - HR & Admin.
Hi I have some doubts.
I am balaram from Vizag - a Dist HQ of AP.
1. EPF is 13.61% for employer where it has mentioned as 13.75% ?
2. Does any one / some / whole (except HRA) differ from State to State ?
3. Gratuity is 15 days of last month pay...or ...basic ?
Please reply soon.

From India, Visakhapatnam
mkprasad2004
54

All Gamut of Human Resources, Electrical Engineering
Hi Balaram, What you have asked is all correct. It varries from state to state regarding HRA Gratuty = Basic+DA/26X15XNo of years service PF is correct Regards mahesh
From India, Mumbai
Hi,
Just to add,
Food coupons are completely tax exempt with no upper limit + doesnot attract FBT also. Though the management has to be sensible enough in deciding the limit bandwise and capping it.
Gift vouchers are tax exempt with no upper limit but definitely attracts FBT.
regds,
Sona

From India, Mumbai
meghamadhulika
2

HR generalist
Hi Mahesh,
you have really given a wonderful description of the compensation and the guidelines. Thanks for sharing.
I hope you may also help us for further queries.
by the way, may i know your current company?
Regards,
Meghamadhulika

From India, Bhopal
mkprasad2004
54

All Gamut of Human Resources, Electrical Engineering
Hi Meghamadhulika,
I am working with Comart Group of companies Headquarterd at Mumbai having its branches at Bangalore & Gurgaon.
My pleaseure , you are most welcome for any help.
Many Thanks & Regards
mahesh k prasad

From India, Mumbai
Hi This is purnima. Ineed some help regarding Confirmation Appraisal System.The format for it the procedure a& practices that are followed. Kindle help me.
From India, Ghaziabad
Araktim
HR Professional
Hi Mahesh,
I was going through the attachment on the salary break up. I have a few questions, could you please help me out.
First, can we include a component called festival allowance in the fixed part of the salary and will it be taxable.
Second, do gift vouchers (Max Rs.5000 p.a) call for income tax on the part of the employee.
I have been working on a new salary structure and trying to introduce a few new reimbursement components which should not be taxable. We have at present, medical reimbursement, book & periodical and LTA. Could you please suggest some more.


mkprasad2004
54

All Gamut of Human Resources, Electrical Engineering
Hi Purnima, Please clear i did not understand Confirmation appraisal. What esactly you want to know is it Employees confirmation 0r appraisal system? Regards mahesh k prasad
From India, Mumbai

This discussion thread is old and is closed for new comments. If you want to continue this discussion or have a follow up question, please post a new thread. Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2021 Cite.Co™