Can we change the fixed components like HRA, conveyance, and wash allowance at the time of appraisal?
For example:
Basic: 4680
DA: 3171
HRA: 200
Conveyance: 500
Gross: 8551
I have to show the hike in Basic and DA and cut down on other components. Is that possible?
From India, Bangalore
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For example:
Basic: 4680
DA: 3171
HRA: 200
Conveyance: 500
Gross: 8551
I have to show the hike in Basic and DA and cut down on other components. Is that possible?
From India, Bangalore
Acknowledge(0)Amend(0)
On restructuring, the important thing to note is that you should not reduce the statutory salary, i.e., Basic and DA, on which most of the statutory contributions and payments are based. Since there is no reduction in the basic and DA components of the salary; rather, they are increased, restructuring is not a problem at all.
From India, Kannur
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4491From India, Kannur
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SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx