Often one question is asked that what is the percentage of basic salary because there is no clarification some say basic salary should be 60% on gross remaining 40% can be fabricated in HRA, CCA and other allowance.
Few say there is no specific rule that basic salary should be 60% they decide 40,45, and 50.
Therefore please clarify this confusion is there any central/state govt or as per act rule in private sector basic salary should be 60% is there any notification if any please attach.
Few say there is no specific rule that basic salary should be 60% they decide 40,45, and 50.
Therefore please clarify this confusion is there any central/state govt or as per act rule in private sector basic salary should be 60% is there any notification if any please attach.