What is the best salary structure?

New Wage Code Basic Salary: According to new rules, the basic salary cannot be less than 50 per cent of the CTC. Currently, this ranges anywhere from 30 to 40 per cent of the gross salary . New Delhi: The New Wage Code is all set to be implemented from the next financial year, i.e 2022-23.7 Oca 2022

Note: The salary structures is updated effective FY 2021-2022. Fixed Salary ComponentCTC Up to 5 LakhsCTC Above 10 LakhsBasic50% of CTC or Minimum Wage as complied by State50% of CTCHRA50% of Basic50% of BasicEducation Allowance200 Fixed200 FixedLTA15% of Taxable15% of TaxableSalary Structures in India : All you need to know – Quikchex quikchex.in › salary-structures-india-need-know-2

Minimum Wages in India is expected to reach 178.00 INR/Day by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the India National Floor Level Minimum Wage is projected to trend around 190.00 INR/Day in 2022, according to our econometric models.