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Categories >> Accounting >> Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (157)
 Taxation interview questions  Taxation Interview Questions (1893)
 Accounting General interview questions  Accounting General Interview Questions (2781)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
How much percent will take basic salary on gross salary ?
 Question Submitted By :: Mahendar.finance
I also faced this Question!!     Rank Answer Posted By  
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 1
There is no specific percentage. It wil depends on the
organization. It differs from firm to firm.
 
Is This Answer Correct ?    45 Yes 17 No
Vijay Bhaskar Reddy(vijji_tv@y
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 2
The 60% should have basic salary on Gross. 
Is This Answer Correct ?    27 Yes 39 No
Jagadeesha
 
 
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 3
SHOULD BE MINIMUM 40% ON GROSS SALARY 
Is This Answer Correct ?    28 Yes 17 No
Y.n.muralidhar
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 4
Basic Salary 60 %
Othr Allowance 40%
Total 100% as per the labour act
 
Is This Answer Correct ?    28 Yes 18 No
Arunkumar .n
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 5
There is no standard %. 
Is This Answer Correct ?    27 Yes 6 No
Sushil
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 6
ITS 40% OF GROSS SALARY 
Is This Answer Correct ?    15 Yes 7 No
Rubeena
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 7
40 percentage on gross
and it will be change firm to firm
 
Is This Answer Correct ?    15 Yes 2 No
Suneel
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 8
I found in my CTC, 38.xx % was FBP and 61.xx % was basic, so I guess 40 - 60 is the right answer. or there might not be any standards...... 
Is This Answer Correct ?    7 Yes 3 No
Arun
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 9
As per govt law 40%-60% we can take as Basic on gross salary
and basic % is vary from one organization to another
organization.

Basic+DA = 60% from the gross salary, HRA = 20% on basic,
CCA = 20% basic (Total = 100%)
 
Is This Answer Correct ?    12 Yes 1 No
Sravan
 
  Re: How much percent will take basic salary on gross salary ?
Answer
# 10
Its 35% of gross salary 
Is This Answer Correct ?    1 Yes 0 No
Uzma
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
CAN DVAT CREDIT IS TO BE TAKEN ON COMMERCIAL INVOICE? Alpack 4
which value we will take in c- form to issuing c- form any party basic value or basci+ tax plz ans..............   11
how we can calculate the withholding tax for company? who will bear the tax? Fiat 2
Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then @ what rate? Atlantic-BPO 8
1000 unit one into process at cost 100000. loss at 10% of input is considered normal, which is realisable at rs 1/unit.the actual prodution is 920 unit , find the abnormal gain?   1
Is Accounts Payable and Vendor Payable are same ? If yes or no, why ?   1
We are purchaseing one machine on duty of payment ( Capital Goods) in the staring of the month financial year 2009-10 at the time of purchase of machine we are not registered with the excise department. But my company registred with the excise department end of the same financial year What can we are taken cenvat credit on capital goods in the year 100% of 50% pls. given the comments or explain me all excise exparts.   3
what is the differnce between sales tax and service tax?   9
what is the rate of vat?tell me the detail of items which are mentioned in Vat Chart.   3
how to calculate service tax   2
income of any school & collage can taxable, if "yes" so how. Mitsubishi 1
Rent is 50000 and service tax is 6180 what is the tds amount?   2
 
For more Taxation Interview Questions Click Here 
 
 
 
 
 


   
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