How Much HRA can be tax exempted?
HRA can be fixed or can be derived through a special agreement between both
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How much sick leave can be availed at a time?
these are provided on the grounds of sickness or in case of accidents.
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How much paid leave can be availed as maternity benifits?
Female employees are entitled to a maximum of 26 weeks paid maternity leave
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How much Leave Travelling Allowances is tax exempted?
Exemption for allowance received by the employee from his employer for traveling
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How Much Medical Allowance is exempt from tax?
Previously Income Tax Act allowed a tax exemption of up to INR 15,000
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How much statutory bonus will an employee gets?
Bonus paid at the minimum rate of 8.33% and maximum rate of 20%.
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HOW MUCH GRATUITY IS PAYABLE TO AN EMPLOYEE?
The amount of gratuity payable can be calculated by using two formulae
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How much is the basic salary of CTC?
The basic Salary is 30% to 60% of CTC. Any changes of basic salary can affect CTC.
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How much does the employer share in ESIC?
A total of 4% of ESIC in the contribution is again divided into the following
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