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Categories >> Accounting >> Taxation


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 Taxation interview questions  Taxation Interview Questions (1915)
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How much percent will take basic salary on gross salary ?
 Question Submitted By :: Taxation
I also faced this Question!!     Answer Posted By  
# 1
There is no specific percentage. It wil depends on the
organization. It differs from firm to firm.
Is This Answer Correct ?    55 Yes 21 No
Vijay Bhaskar Reddy(vijji_tv@y
# 2
There is no standard %. 
Is This Answer Correct ?    30 Yes 8 No
# 3
Basic Salary 60 %
Othr Allowance 40%
Total 100% as per the labour act
Is This Answer Correct ?    37 Yes 21 No
Arunkumar .n
# 4
Is This Answer Correct ?    31 Yes 17 No
# 5
40 percentage on gross
and it will be change firm to firm
Is This Answer Correct ?    16 Yes 5 No
# 6
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%)
Is This Answer Correct ?    14 Yes 4 No
# 7
Is This Answer Correct ?    16 Yes 9 No
# 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 ?    8 Yes 4 No
# 9
BASIC + D.A. 60%, H.R.A. 20%, OTHER ALLOWANCE 20% 
Is This Answer Correct ?    2 Yes 0 No
Nilesh Mandare
# 10
Basic should not be less than minimum wages notification as per the skill level. 
Is This Answer Correct ?    3 Yes 1 No
Suman Singh

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If we purchase Inter -state any Plant & Machinery for Works contract for completion of a Project and later after completion of the same if we move that material to other State , Can we get "C" form against this material where we have purchased it. Is there any Notification regarding the same . In which circumstances a Works contractor can get "C" Form ? If against "C" Form a works contractor purchased the material and passed on the material via Works contract to the client whetheer Local VAt rate is also applicable on the same .   1
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How can calculate tds and vat and what is pay roll. plz send answer immediatly   2
ANY differenece between income tax and tds Amara-Raja 6
i have received bill from civil work contractor in that they charges Service tax & vat on same amount & .Please clarify   5
what is vat rates in andhra pradesh Narayana 7
i m geting gross 12250.m i liable for tds ? if s then how much it will take? TATA 2
For more Taxation Interview Questions Click Here 

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