Hi Senior, Pls give me the percentage of HRA, TA, & DA on Basic Salary Thanks Laxmi
From India, Bangalore
Acknowledge(0)
Amend(0)
2From India, Bangalore
Acknowledge(0)Amend(0)
HRA is 50% of basic for Metros and 40% of basic for non-metros. (max limit) TA & DA - No standard % of basic is applicable. Pon
From India, Lucknow
Acknowledge(0)Amend(0)
From India, Lucknow
Acknowledge(0)Amend(0)
Dear Laxmi,
Generally, in an organization, CTC/12 represents your monthly CTC. 40% to 50% of the monthly salary will be allocated to Basic. The HRA amount will be either 50% or 40% of the monthly Basic salary, depending on the case. DA is 65% for Central Government employees and 63% for Bank Employees, calculated on the Basic Pay. The percentage of DA is determined by your company's policy.
Regarding TA, there is no fixed percentage. You can set this component as a fixed amount based on the company's needs.
Thanks and regards,
Pranab Chakraborty
Email: pranabchak10@gmail.com
From India, Mumbai
Acknowledge(0)Amend(0)
Generally, in an organization, CTC/12 represents your monthly CTC. 40% to 50% of the monthly salary will be allocated to Basic. The HRA amount will be either 50% or 40% of the monthly Basic salary, depending on the case. DA is 65% for Central Government employees and 63% for Bank Employees, calculated on the Basic Pay. The percentage of DA is determined by your company's policy.
Regarding TA, there is no fixed percentage. You can set this component as a fixed amount based on the company's needs.
Thanks and regards,
Pranab Chakraborty
Email: pranabchak10@gmail.com
From India, Mumbai
Acknowledge(0)Amend(0)
Hi Seniors, I need to file PF Annual Returns Pls send me Form 6A. I request all the seniors to help me in this regard Regard Laxmi
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
Dear Laxmi As per PF BASIC+DA70% HRA30% Anyway, HRA SHOULD BE LESSER TO BASIC+DA. IF YOU PROVIDE CONVEYANCE OR TRAVELLING ALLOWANCE YOU MUST CONTRIBUTE PF WITH REGARDS V.SUBBARAO
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.