Is This Salary Breakdown Correct? Seeking Verification and Confirmation from Peers

Could someone please verify and confirm if this salary breakup is correct.

No. Particulars Amount
1 Basic 2988
2 HRA 1494
3 Special Allowance 2127
4 Conveyance Allowance 241
5 Additional Special Allowance 1050
6 On Call/Shift Allowance 540
7 Statutory Bonus 210
Total 8,650

No. Particulars Amount
1 Basic 3904
2 HRA 1952
3 Special Allowance 2779
4 Conveyance Allowance 316
5 Additional Special Allowance 1305
6 On Call/Shift Allowance 706
7 Statutory Bonus 274
Total 11,236

No. Particulars Amount
1 Basic 5108
2 HRA 2554
3 Special Allowance 3636
4 Conveyance Allowance 414
5 Additional Special Allowance 1708
6 On Call/Shift Allowance 922
7 Statutory Bonus 358
Total 14,700

Remuneration Structure Concerns

The above is not a scientific remuneration structure—the basic pay is very low and probably does not fulfill the minimum wage condition. It will be necessary to pay PF contribution on (monthly gross - HRA - statutory bonus) based on the latest Supreme Court verdict.

Revisiting Remuneration Structure

Based on the labor codes, it will be necessary to revisit the entire remuneration structure in detail to fulfill the 50:50 conditions. (Labor codes are expected to be implemented from 01.04.2021).

S K Bandyopadhyay (WB, HOWRAH)