vinothkumar.1989
Hi Friends,
Currently My Company Follows The Following Salary Structure.
Basic
DA
HRA
Conveyance
Other Allowance
Kindly Provide me the guidelines for percentage fixing for the above breakup. what are the rules governing percentage fixing.
Thanks
Vinoth

From India, Chennai
Ashutosh Thakre
273

Dear Vinoth,
The DA is as per the govt. notification. The Basic as a thumb rule is between 30% to 50% of Gross. The HRA is 50% of Basic or 40% of basic. The Conveyance is at Rs. 800/- p.m.(for ease of tax calculation), the Other Allowance is the balancing figure.
Regards,
Ashutosh Thakre

From India, Mumbai
shekharvarma@rediffmail.c
1

Conveyance can be upto 1600, 200 education allowance and 1250/- medical reimbursement and the remaining left can be named as Special allowance
From India, Mumbai
puneeth kalkura
3

hi you can keep salary breakups as below. they is no statutory provisions to keep the salary breakups. But you should maintain basic & da as per minimum wage slabs
Basic - 60% of gross
HRA - 20% of gross
Conveyance - 10% of gross
Other allow - 10% of gross

From India, Mangaluru
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