How much minimum basic pay is Compulsory for salary breakup for a pvt ltd company. if salary is 5k then what would be breakup.
Menu
Basic Pay
Replies (2)
There is no specific limit for basic salary. But you shall keep basic salary should be more so that employee could take benefit of PF savings
To decide basic salary is depend on company/firm policy but when you are deciding basic salary of any person please keep in mind the minimum wages rules define by govt for each worker as per his skill.
Recent Topic
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
- Query related to agricultural income of Trust
- Full & Final Settlement — what changed u
- Capital gains or losses when new equity was issued
- Looking for a FMCG foods business to acquire
- Sale of mutual fund in zerodha and AIS
- FORM 144 TDS RETURN FILING
Related Topics
CAclubindia
