What is Privilege Leave | Meaning, Rules & Calculation

Privilege Leave Meaning, Rules, Encashment

Privilege leave means the leave given to the employees for their service to the company. Privilege leave is also called “Earned leave”. Employees can use these leave whenever they want to take a planned leave (or) these can be converted into cash (or) can be … Read More

Salary Breakup for 35000 per Month

Salary Breakup for 35000 per Month

If an employee salary is 35000 per month, it includes some basic salary components like basic wage, house rent allowances, conveyance (transport) allowances, medical allowances and other special allowances. The above are some common allowances that most companies follow, some companies may provide extra allowances … Read More

How to Calculate Basic Salary from CTC in India

How to Calculate Basic Salary from CTC in India

To calculate basic salary from CTC you need to know about the basic salary percentage in your salary structure. In general, companies fix 40-60% of gross wage as basic salary. Companies need to adjust the basic salary percentage based on the minimum wage rates fixed … Read More