? kindly tell what are percentage in salary statement for process and tell the details it help full to me in future.
14th October 2018 From India, Chennai.
= Hi Saravana7m,
Where are you working? Generally the components of salary broken into:
1.Basic pay ( anywhere between 20% to 50% of gross salary is reasonable);
2.Dearness Allowance (many of organised sector links this with points under Consumer Price Index-CPI or Wholesale Price Index-WPI). The quantum varies between 30 to 50% of Basic pay;
3.City Compensatory allowance (CCA-this is in vogue in govt/semi-govt.sectors and it is in the order of 10 to 15% of basic pay);
4. Conveyance allowance-This is common in units based in cities/towns and paid in lump sum like Rs.1,000, 1500 etc depending on the scales/grades of the employees.
5. Medical allowance-this is also paid or reimbursed upto certain limits. If the employees are covered under Mediclaim Ins.policies or ESI in such cases no medical allow will be paid;
6.There are various other allowances which are not commonly applicable such as -
OT, special allowance, project allowance, children education allow., remote allowance, risk allowance, food coupons or lunch allow, uniform allow, incentives etc.