Salary Structure

Salary Structure

Manage salary components and thresholds

Earnings Components

ComponentTypeAmountApplicable ToActions
Basic SalaryEarning₹50,000All Employees
House Rent Allowance (HRA)Earning30%All Employees
Transport AllowanceEarning₹5,000Sales, Marketing
Medical AllowanceEarning₹3,000All Employees

Deductions Components

ComponentTypeAmountApplicable ToActions
Provident Fund (PF)Deduction12%All Employees
Income TaxDeduction5-20%As per income
Health InsuranceDeduction₹2,000All Employees