Salary breakup/leave pay

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

02 February 2012 1.Will someone pls. advise how to breakup/Calculate the salary in pvt. ltd. company( exp- gross salary 20,000)into basic , hra, DA, Special Allownace etc.?

2. how to calculate Leave salary payable in pvt. ltd company as per law?

Yogesh Agarwal

Yogesh Agarwal (Expert)
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02 February 2012 The break up can be done based on the policy of the company..generally it so broken up that the maximum tax benefit can be enjoyed by the employee...

Querist : Anonymous

Querist : Anonymous (Querist)

03 February 2012
Noted with thanks Sir,

Will you pls advise with example %(percent), Basic -----% on gross salary? hra ----% Special allowance ---% etc if amount of gross salary is 20,000/- per month.

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