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I want to know about the percentage part of Basic, Pf, Hra in salary structure as per rules and regulation. I want to implement in my start up business.
From India , Delhi
Hi I am new member
I am in Hard core Hr 20yrs Experience
percentage part of Basic,
Pf, _ if Basic is Rs 5000 then 12 % will be PF Contribution
Hra - If Basic is Rs 5000 then 5% to 15% of your Basic Hra
What type of business are you ?


Hi,
I am a new member from field of HR/IR, in response to your query;-
PF -is 12% of basic &DA as per the PF act.
As far as HRA is concerned there is no specific rule it depends in the type of business your are in and the it always advisable to benchmark with the pay structure of similar organisations or seek guidance from regional wage boards, such as Engineering wage boards, or the regional CII chapters or the chamber of commerce and indusrties could also help you out to solve your problem.
Regards
Amitesh

From India , Ranchi
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