21 March 2012
for central and state govt employees value of perq is equal to licence fee determined by Govt. for pvt sector emplyees- it depend on salary and rent paid by employer. if property is owned by employer if population of city is more than 25 lac then 15% of salry for the period. if population of city is between 10 lac to 25 lac than 10% of salary any other 7.5% of salary.
if property is rented then rent or 15% of salary which is low
salary includes basic, DA (if terms of employement provide), bonus, taxable allowances and any other monetary payment.
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