Can I Structure My 50k Salary with HRA and Other Components Like This?

If I am earning 50k monthly, can I have my salary breakup as follows:
- Basic: 24,950
- HRA: 18,000
- Medical: 1,250
- Conveyance: 800

Please let me know as we do not have a specific component for HRA.

This is the quickest response I have ever received since I joined CiteHR. Thank you, folks... 

Amit, we do not have special allowances or any type of allowances. The components I have mentioned are the only ones that exist.

A. Ari, we have been given amounts for medicals as 1,250 and conveyance as 800.

However, I need to ask, if I keep the salary breakup as I have mentioned in my first post, is it not allowed?

Well, it depends on what basics your company is going to pay in your case. Ideally, it would be as follows:

Salary Breakdown

- Basic Salary: 3,800
- House Rent Allowance: 1,520
- Conveyance Allowance: 800
- Special Allowance: 1,880

Total: 8,000

Dear Seniors, can you please clarify my doubt? If an employee's salary is ₹5900, and the salary is split as 40% or 50% basic, it would be ₹2360 or ₹2950. However, according to PF rules, they have mentioned that the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is approximately ₹5800. What should I do? Please clarify my doubt.

Regards, Srinivas Jami

Dear Sir,

The breakup should be as follows:

- Basic: 30,000/-
- HRA: 12,000/-
- Conveyance: 800/-
- Medical Allowance: 1,250/-
- Telephone Allowance: 1,000/-
- Educational Cess: 200/-
- Other Allowance: 4,750/-

Hope this will be suitable.

Thanks & Regards,
Sumit

Clarification on Basic Salary and PF Deductions

Dear Seniors, can you please clarify my doubt? If an employee's salary is ₹5900/-, and the salary is split like 40% or 50% basic, i.e., ₹2360/- or ₹2950/-. However, according to PF rules, the minimum wage should be the basic wage. In Andhra Pradesh, the basic wage is around ₹5800. What should I do? Please clarify my doubt.

Regards, Srinivas Jami

Dear Srinivas,

Greetings for the day, it is true that the basic salary should not be less than the minimum wage of the state, on which deduction of EPF should be done. In your case, the PF should be deducted on ₹5900/- instead of ₹2950 or ₹2360/-.

Thanks & regards,

Sumit Kumar Saxena [Phone Number Removed For Privacy Reasons]

If I am earning 50k monthly, can I have my salary breakup as:

- Basic: 24,950
- HRA: 18,000
- Medical: 1,250
- Conveyance: 800

Please let me know as we do not have a specific component for HRA.

For 50K, you should split up the salary as given below:

Salary Breakdown for 50K

- Basic (60%): 30,000
- HRA (20%): 10,000
- Conveyance: 8,000
- Medical Reimbursement: 2,000

Note that conveyance and medical benefits are defined by the employer and may vary from one employer to another.

Please let me know the CTC structure. If the CTC is 3.00 Lac, then please provide me with its details. What elements are included in the CTC?

For 50K, you should split up the salary as given below:

Salary Breakdown for 50K

- Basic (60%): 30,000
- HRA (30%): 15,000
- Conveyance: 800
- Leave Travel Allowance: 4,200

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50,000
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Regards,