I would be framing the CTC structure of our company (software+BPO), i want to know if there is any statutory ruling about the minimum amount of basic that needs to be paid out. say for instance:5000 P.M. is the CTC
Basic: 15,00(30% of 5000)
HRA: 750 (50% of the basic)
Attendance Allowance: 1000
Grade Allowance: 500
Special Allowance:1250
I just want to know if 1500 P.M. of basic is all right or not.
I have the "REVISED MIN WAGES: WB: with me, but I could not get anything from it.
It would be good if you could help me out with this.
Basic: 15,00(30% of 5000)
HRA: 750 (50% of the basic)
Attendance Allowance: 1000
Grade Allowance: 500
Special Allowance:1250
I just want to know if 1500 P.M. of basic is all right or not.
I have the "REVISED MIN WAGES: WB: with me, but I could not get anything from it.
It would be good if you could help me out with this.