Hello every one. I wanted to know that how salary break up is done. Whether it is on percentage fixed to salary break up. If it is so please explain me the criteria for the break up of salary.
Thank you,
somasyam
Hi
i want to know about how to form the salary break and what is the percentage professional tax, how to form that can hep me some one to clarify it
Thanks
Ravi
MBA student
actually there is no fix structure as per the government norms.
all the companies have their own structure as per their suitability.
there is no persentage of basic and other components.
ONLY MINIMUM WAGES should be considered for the statutory requirement.
never be confused.
Respected Seniors,
We are Pvt.Ltd.company employe in gujarat state. Please guide me with Salary break sheet with excel formulas as per Income tax Rule & Also which Amts. Deduction allow in salary income
Appointment letter draft. And rules & regulation to be kept in mind when joining New company .
Your guidance will be of great help for me.
Thanking you in advance .
Regards
rdpatil
HI Mr. RD patil,
The Salary Break up should be complied as per Law ( IT Act, Minimum wages ( according to state Gvt Structure), that's all. other components are based on their company norms. However the basic salary & DA should not be less than 50% percentage of gross salary
Regards
Murugesan
9003693493
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