How much percent will take basic salary on gross salary ?
Question Submitted By :: Taxation
I also faced this Question!! Answer Posted By
There is no specific percentage. It wil depends on the
organization. It differs from firm to firm. Vijay Bhaskar Reddy(vijji_tv@y
There is no standard %.
Basic Salary 60 %
Othr Allowance 40%
Total 100% as per the labour act Arunkumar .n
SHOULD BE MINIMUM 40% ON GROSS SALARY
40 percentage on gross
and it will be change firm to firm Suneel
As per govt law 40%-60% we can take as Basic on gross salary
and basic % is vary from one organization to another
Basic+DA = 60% from the gross salary, HRA = 20% on basic,
CCA = 20% basic (Total = 100%) Sravan
ITS 40% OF GROSS SALARY
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......
BASIC + D.A. 60%, H.R.A. 20%, OTHER ALLOWANCE 20%
Its 35% of gross salary