Salary is not a basic right, it's a matter of negotiation. As per the agreement 'verbal of written', acknowledged and signed by both parties is binding in the matter and from a bird's eye view is like any other business agreement. i.e. money for services
Basic salary mean like the average pay. Its typically for the basic worker.
Basic and annual salary are the same thing. They are how much a person makes in a year.
None. There is no minimum basic salary. Whatever is the basic salary 12% of it goes towards pf.
3500
If basic salary is Rs. 10000 the PF is 1200. It is 12% of the basic salary
BASIC
Usually it is 12% of your basic salary
12% of the basic salary
On the basis of the Basic Salary component that is part of the salary. The amount contributed is 12% of the basic salary from employee as well as an equal contribution by the employer
The basic salary of a civil engineer is around 29,000 dollars. The salary is not taxed in this country so it actually is more than it seems.
Basic pay. Your salary without bonuses, allowances, benefits, commissions, etc. I hope this may help.
basic salary 21967 / salary of September