1. #1
    Unregistered

    Calculation of basic salary from gross salary?

    I am totally confused now with the basic and gross salary mentioned in my company. Which amount I should get now? Basic salary looks very less when compared with the Gross salary, Is it that all the money will be deducted and only basic salary will be given? Can you give more details about this?

  2. #2
    sanju0770 Array
    Join Date
    Oct 2012
    Posts
    181

    Re: Calculation of basic salary from gross salary?

    Dear..

    I will tell you a example to solve your query. We get a salary which is divided in 2 parts. First one is the fixed part and the second one is the variable part.

    Suppose your gross salary is 20000 and your basic salary is only 5000 then that means that you will get that 5000 as a fixed salary and after that you will get other allowance also like HRA, TRANSPORT, MEDICAL, DA, CITY ALLOWANCE etc which are variable expense and after adding them the amount will become 20000 and this will be the salary that you will get in you hand.

    Yes it is true that Basic salary looks less but we get the gross salary in hand so do not get worried

    Hope it will help

    Cheers...!!!

  3. #3
    Chittaranjan Array
    Join Date
    Jul 2012
    Posts
    658

    Re: Calculation of basic salary from gross salary?

    DEAR ASPIRANT NO NEED TO BE CONFUSED ABOUT BASIC SALARY,GROSS SALARY.FIRST YOU CLEAR BASIC SALARY IS A MAIN PART OF THE GROSS SALARY.DA,HRA,CCA,FPA,TA,HERE ALL ARE THE PART OF GROSS SALARY.NOW TO REMOVE YOUR DOUBT YOU WILL GET ALL TOGETHER AT YOUR A/C ie CALLED GROSS SALARY,AS YOU ARE NEW YOU GET FULL SALARY THERE IS NO DEDUCTION OR NET SALARY.OK

    THANK YOU,

  4. #4
    Aayna Array
    Join Date
    Oct 2012
    Location
    Dehradun
    Posts
    51

    Re: Calculation of basic salary from gross salary?

    Quote Originally Posted by Unregistered View Post
    I am totally confused now with the basic and gross salary mentioned in my company. Which amount I should get now? Basic salary looks very less when compared with the Gross salary, Is it that all the money will be deducted and only basic salary will be given? Can you give more details about this?

    Dear Aspirant...

    Every people excitement getting panctured first salary pay .Its a usually less than

    as a fresher employee.Campus selection companies give salary CTC based and

    salary always make as a CTC/12 is method of salary.
    Basic salary after deduction

    has been made is called basic salary or net salary.
    Gross salary You get a salary

    after benefit allowance before deduction any tax
    is called gross salary and You

    can get a every month basic salary and You can
    get any benefit so you get a gross

    salary.


    GOOD LUCK

  5. #5
    Unregistered

    Post Re: Calculation of basic salary from gross salary?

    hi

    can anybody help me to get the basic salary if i got gross salary of Rs 20,000.Is there any fixed percentage to calculate basic salary from gross salary?

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