In appointment letter we are mentioning only Basic salary and Basket , here basket means-allowances in which employee are claiming as per the convenience of income tax rules, like H R A, Conv. etc
In this scenario although we are paying different components ( H R A , Conv. ) in salary slip ,but same are not mentioned in appointment letter as we stated above
Please let us know for the existing employee can we increase H R A ( here basic will remain same ) and merged all other allowances in H R A subject to maximum of 50% or 40 % to overcome the liability of P F
Regards
R K dixit