Salary Structure [Thread 213294]

Richuka
Hi all,
Can anyone would guide me "how the salary structure could be defined and how much percentage each would contain???? How much percentage contains by Basic, HRA, CCA, convience in an ISO Certified company??"
sreekumar.j
First of all you need to know the standard salary components.
You may check this salary structure FAQ. If you would like to know more about payroll aspects, you may check payroll resources. Also to learn general details on Income Tax , please check Income Tax FAQ
rajeda2006
SALARY BREAKS UP:
SALARY 4000 TO 10000:
BASIC - (F.Gross/2-DA)
DA - Fixed (1130 staff, 532 workers)
HRA - 20 %
EA - 15 %
TA - 15%
SALARY 10001 TO 14999:
BASIC - (F.Gross/2-DA)
DA - Fixed (1130 staff)
HRA - 15 %
EA - 10 %
TA - 15%
MA - 10%
SALARY ABOVE 15000:
BASIC - (F.Gross/2-DA)
DA - Fixed (1130 staff)
HRA - 40% on Basic and DA
EA - 1200 for one child, 2400 for two children
MA - 1250 Fixed
Conveyance - 800 Fixed
Special Allowance - Balance (F.Gross – (Basic+DA+HRA+EA+MA+CON))
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