Hi All,
we have started one RMC plant which is in near by bangalore..we have to know- how we have to give break up for all salary holders..how much percentage we have to give for each component( basic,HRa, conveyance....)
ex:- let us assume- we have 25 employees and range of salaries like 8000 to 80000.
how we have to give break.. and what are the components we have to choose.
how much percentage we have to fix as basic??
does special allowance component create any problems???
how we have to claculate PF?? if we take 60% on gross salary it would be burden for employer..
please let me know how i need to prepare salary calculations for my employees..
Regads
prasan.
we have started one RMC plant which is in near by bangalore..we have to know- how we have to give break up for all salary holders..how much percentage we have to give for each component( basic,HRa, conveyance....)
ex:- let us assume- we have 25 employees and range of salaries like 8000 to 80000.
how we have to give break.. and what are the components we have to choose.
how much percentage we have to fix as basic??
does special allowance component create any problems???
how we have to claculate PF?? if we take 60% on gross salary it would be burden for employer..
please let me know how i need to prepare salary calculations for my employees..
Regads
prasan.