Basic salary is always taxable and should, therefore, not be more than 40% of the cost to company. However, it should also not be kept too low since it will then result in reduction in the other constituents of the salary.
Read moreWhat should be the basic salary?
Basic salary is always taxable and should, therefore, not be more than 40% of the cost to company . However, it should also not be kept too low since it will then result in reduction in the other constituents of the salary.
Read more