Hello all
In Karnataka state wage new code implemented or what? if implemented we can make salary breakup as below.
1. Basic & DA 50% On Gross
2. HRA 40% On Basic and DA
3. Conveyance Fixed Rs.1050 as Bangalore BMTC Monthly Pass charge
4. Remaining consider as Other allowance
And EPF calculated from Other then HRA (If we calculate in Basic and DA wage, EPF contribution lesser then Privies Year)
As above points are Legally accepted or any issue Please suggest.
In Karnataka state wage new code implemented or what? if implemented we can make salary breakup as below.
1. Basic & DA 50% On Gross
2. HRA 40% On Basic and DA
3. Conveyance Fixed Rs.1050 as Bangalore BMTC Monthly Pass charge
4. Remaining consider as Other allowance
And EPF calculated from Other then HRA (If we calculate in Basic and DA wage, EPF contribution lesser then Privies Year)
As above points are Legally accepted or any issue Please suggest.