how to seperate salary by da. hra, allowances etc
From India , Madras
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Msalam2222
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+2 Others

basic 50% of gross salary da 35% of basic hra 40% of basic+da conveyance 800pm medical 1250pm special allowance balance from gross after all allowance.
From India , Bangalore
Dear,
there is no certain salary format used in private sector (pvt. ltd) company but in bublic sector company and Ltd company basically use salary format as per government rule and regulation. it also varies from state to state and company to company.

From Saudi Arabia , Riyadh
Dear,
There is no spacific formate but We chooses formate that give maxmum benifit to Taxability on employee and also fabour of company
As per my openion
Take Gross full packge
devided in basic 50% of Gross
HRA 40% or 50% of Basic depande on Residant place of employee
Convance 800/ pm
Medical Allwance 1250/ pm
LTA Basic*3/12
PF if part of CTC then 12% of Basic.
Balance is other allowance.
Regards
CA Gopal Pandey

From India , New Delhi

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