If an employee is in the insurance sales field, and their salary is Rs. 24,945, how can we calculate their salary? I want to calculate only the basic salary, business development incentive, ESIC, and professional tax deducted from the employee's salary.
From India, Indore
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How to Calculate Salary

Hi, if an employee in the insurance sales field has a salary of Rs. 24,945, how can we calculate their salary? I want to calculate only the basic salary, business development incentive, ESIC, and professional tax deductions from the employee's salary.

From India, Indore
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I don't think if your salary is $24,945, you are eligible for ESIC, and PT is $200 if you are in Maharashtra. The basic salary is typically 50% or 40% of your gross salary, but this can vary from company to company. Similarly, the Business Development incentive also varies depending on the company. Please correct me if I am wrong.

Regards,
Sheeba

From India, Pune
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