No Tags Found!


anuradhagrewal
5

Hi, As per the new wage code the Basic salary will be 50% of the gross salary. However, within this Basic salary heading what will the percentage of Basic Salary header.
For Eg my current Salary headings with percentage are
BASIC: 45% of Gross
HRA: 50% of Basic
Medical: 1250
Conveyance:1600
Sp Allowance: Balance of the above-mentioned components
Now in the new wage code what will be the percentage contribution of the Basic header only or there will be just one header Basic with 50% of gross salary.
Plz advise as I want to calculate gratuity for some employees

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.