nehavaryani
dear sir, can you please tell me the justified salary structure of a company , where the salary should include basic+ da + hra + conveyance allowance + medical allowance + pf ded .
From India, Udaipur
Neer300182
67

Dear Ms. Neha,
Greetings for the day!!!
pls check the below mentioned percentages for designing salary structure:
Basic = 50% of the salary in metro cities & 40% in non metro cities
HRA = 50% of the Basic salary
Conveyance = 800 per month
Medical Alloawance = 1250 per month
PF : 12% of basic salary

you can also put Special allowance in your salary structure
and pf goes optional if your basic salary is equal to or more than 6500/- then its on the discreation of company to deduct the pf or not as pf contribution includes equal part from company side.

From India, New Delhi
akumanan
7

Dear Kapil Sir,
Thank you for the information provided.
I'm Having a doubt. The Conveyance Rs. 800.00 is
taken into account while preparing the Form 16.
Shall we take the medical allowance too while calculating the IT?
Thanks n' Regards,
Kumanan. A

From India, Madras
pradhumn.bhadoria
Dear Neer,
Can you please tell me about any openings for Application Engg. regarding Automation(PLC Programming, HMI, SCADA) in your firm. As I am having an experience of One year and five month in the same field. Please do reply as i am wiating for it..
Thanks and Regards
Pradhumn singh bhadoria

From India, Delhi
cmmohla
14

Dear Mr. Singh,
Correct me if i am wrong. According to me if employee's basic salary exceeds 6500 and the company continues to deduct 12% of an employees basic salary if he wants, then it is not mandatiry for the organisation to contribute the same amount as it can continue to contribute maximum 12% of 6500.
Thanks & Regards
Chander Mohan Mohla

From India, Delhi
Neer300182
67

Dear Mr. Mohla, Greetings for the day :) If Company is deducting PF on Basic salary then they also have to contribute the PF contribution on the same amount.
From India, New Delhi
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