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What is mean by basic salary?

Anonymous

∙ 14y ago

Updated: 8/19/2019

Basic pay. Your salary without bonuses, allowances, benefits, commissions, etc.

I hope this may help.

Wiki User

∙ 14y ago

What else can I help you with?

Related Questions

What does Basic salary mean?

Basic salary mean like the average pay. Its typically for the basic worker.

What is Basic Salary and Annual Salary?

Basic and annual salary are the same thing. They are how much a person makes in a year.

What is the mininum basic for pf?

None. There is no minimum basic salary. Whatever is the basic salary 12% of it goes towards pf.

Basic salary 5000 hra 2500 ta 2000 da 1500 total salary 11000 pf deduct basic salary or total salary?

3500

Is is fair to deduct the basic salary?

If you mean deducting minimum wage, yes it is. It's also illegal..

How provident fund calculating?

If basic salary is Rs. 10000 the PF is 1200. It is 12% of the basic salary

Bonus is calculated on gross salary or basic?

BASIC

How much the amount were deducted from your salary by the name of pf?

Usually it is 12% of your basic salary

What is the employer's contribution to PF as a percent of of salary?

12% of the basic salary

What basis can an employer deduct his share of pf contribution from employees 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

Basic salary of civil engineer in qatar?

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.

What is the journal entry for accrued expense?

basic salary 21967 / salary of September

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