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Basic pay usually refers to the pay received without taking into account any additional benefits or bonuses, such as a car, medical cover, commissions, clothing, food etc.
It also refers to the amount of pay before taking any deductions such as tax off.
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∙ 15y ago
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What does Basic salary mean?
Basic salary mean like the average pay. Its typically for the basic worker.
What is mean by basic salary?
Basic pay. Your salary without bonuses, allowances, benefits, commissions, etc. I hope this may help.
Does basic pay includes special pay and stagnation increment?
Basic pay does not include special pay and stagnation increment. These are additions to the basic pay which is the base salary that one should get.
What does the concept of clean wage mean?
The concept behind clean wage is basic pay. Clean wage is concerned only with the actual pay that goes to a worker at the end of the day after all deductions and allowances have been effected.
Is overtime pay part of the basic pay?
no
You are a teacher and your basic pay is 5480 what would be your new basic pay?
77 and 1/3
What does this mean Basic terminology of the accounting process or financial reporting?
To cry about it and actually pay attention to your class or Google it
Retired jwo of Indian air force with effect from February 2006 with basic Rs 5770- as per fifth pay commission - what will be the pension arrear after 6th pay commission?
Rs 5770 x 1.86 + Grade Pay + MSP + Group X Pay will be Basic Pay. 70% of basic pay will be as Basic Pension.
If current scale is 4000-100-6000 and current basic pay 5400 what will be new basic pay?
Pay scale 10050 & Grade Pay 2400
What will be revised pay with basic pay as 18300?
32642
Where the person having basic pay 3330 will stand.?
basic pay Rs9200/_stand in 5th pay commission on 1/1/2006?
What is the first basic pay and grade pay of primary teacher in west Bengal?
first basic pay of a primary teacher in WB is 5400and grade pay is 2300-2600.
