Hi,
I am working in public listed company . Earlier I was getting 25000/- Gross salary.
Now Company changed my salary structure . They reduce my HR amount (due to it my income tax calculation effected ) and add same amount it to head of Interim Statutory Bonus in it. After that I am getting the same amount 25000/-. Here 22500/- is salary and 2500/- Interim Statutory Bonus.
My question 1. is it possible to add Interim Statutory Bonus as a part of monthly salary 2. Can company reduce your earlier decided gross salary and add Interim Statutory Bonus in to it , so that you get same amount as earlier.
Thanks.
I am working in public listed company . Earlier I was getting 25000/- Gross salary.
Now Company changed my salary structure . They reduce my HR amount (due to it my income tax calculation effected ) and add same amount it to head of Interim Statutory Bonus in it. After that I am getting the same amount 25000/-. Here 22500/- is salary and 2500/- Interim Statutory Bonus.
My question 1. is it possible to add Interim Statutory Bonus as a part of monthly salary 2. Can company reduce your earlier decided gross salary and add Interim Statutory Bonus in to it , so that you get same amount as earlier.
Thanks.