We have come up with a structure as:
2. HRA = 50% of Basic
3. Convey= 50% of Basic
4. Medical = 1250 p.m
5. Week End Comp = (sum 1to4)*8/30 (comp for Sat & Sun)
6. Mobility Allow = Rs. 200 p.day (for cell & data card usage)
7. Hardship Allow = 50% of Basic
Total = Gross Salary (1to7)
Deductions are std . PF, PT etc.
i.e If a Monthly Gross is approx Rs. 12000 can his Basic be Rs. 1950? with the above allowances?
Will ESIC be applicable?
14th April 2010 From India , Mumbai
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