Salary Structure In INDIA - Professional Tax

sudarshana22
Hello,
I need a help on salary structure in India.
I means basic tax deductions. like professional tax, PF etc please provide me a clear structure, lets say an employee gets 20,000/- as salary, what will be his in hand salary after all deductions.
please help me out.
sudarshana22
What should be basic salary according to you, cz i dnt knw abt that.
lakshmi87*
Hi
you should follow some standards followed by industry. it is not clear which for industry you are looking for.
Normally, the basic would 40% (annual salary) , HRA 40% of Basic, it may differ from metro and non metros, rest you may create like coveyance, sepcial allownce. your structure should simple and covenient . Deductions like PF 12% on basic, Proff Tax will attract for this salary of Rs.20K pm, if you say monthly salary , your company may have commitment towards employer share of PF, Bonus, Gratuity, any insurance covers should also be taken into consideration for arriving Cost to Company . this help in building a salary structure
sudarshana22
Hello Laxmi,
Thnx.. I need to know about IT sector basically.
Can u please give me bifurcation of salary as you have written in your reply.
I mean clear structure like :- Basic Salary - Rs...../-, HRA - Rs...../- like this.
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