Calculation of Salary

This query is : Resolved 

12 May 2010 What is the Cretirea for Calculating Basci salary, DA, HRA and Allowance.

12 May 2010 It is based on company policy. examples. you can keep 50 % or 40 % on Gross salary as Basic and 40 % or 50 % on Basic keep HRA and DA and other allowances can keep up to the limit of tax exemption

12 May 2010 better you read the salary chapter in income tax.......... its self explenatory........ and not that tough....




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