Answer / vijay bhaskar reddy(vijji_tv@y

There is no specific percentage. It wil depends on the
organization. It differs from firm to firm.

Answer / arunkumar .n

Basic Salary 60 %
Othr Allowance 40%
Total 100% as per the labour act

Answer / sushil

There is no standard %.

Answer / y.n.muralidhar

SHOULD BE MINIMUM 40% ON GROSS SALARY

Answer / suneel

40 percentage on gross
and it will be change firm to firm

Answer / sravan

As per govt law 40%-60% we can take as Basic on gross salary
and basic % is vary from one organization to another
organization.

Basic+DA = 60% from the gross salary, HRA = 20% on basic,
CCA = 20% basic (Total = 100%)

Answer / suman singh

Basic should not be less than minimum wages notification as per the skill level.

Answer / arun

I found in my CTC, 38.xx % was FBP and 61.xx % was basic, so I guess 40 - 60 is the right answer. or there might not be any standards......

Answer / nilesh mandare

BASIC + D.A. 60%, H.R.A. 20%, OTHER ALLOWANCE 20%

Answer / rubeena

ITS 40% OF GROSS SALARY

what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns

0 Answers  

let me know if a supplier in his invoice he has added Transportation charges & on that he is charging Vat whether vat is admissable on transportation Charges also ? Basic + Excise + Transportation charges = X amount on X amount Vat is chaged whether it is correct ( within State) Purchase. & also let me know what rule is applicable for Outside state ?

3 Answers   HDFC,

exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output Then 220-200 = we pay only 20. It is correct or not Regards G.Kamal

1 Answers  

How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

0 Answers   Fidelity,

how to treat payment or receit of gift in income tax returns

0 Answers  

what mean of withholdingtax ?

1 Answers  

Difference between provision & reserve with an example?

3 Answers   IHG InterContinental Hotels Group, Mount Kenya University, OPI Global,

what is Direct and Indirect Tax? can any body tell me with example.

8 Answers  

what is service tax rate of work contract in f.y.2012-2013 and what is compos ion scheme and normal scheme

2 Answers  

what is service tax ? due date for pymt ? return forms ? how input credit taken ?

5 Answers   GH,

Explain the Calculation of Sales Tax?

0 Answers   Cognizant, Petron ltd,

what is the vat.explain about the addolarum basis.

2 Answers