The basic salary is the base income of the fixed component of the whole compensation offered to employees. Gross Salary is, therefore: Basic Salary + HRA + Other Allowances .
Read moreHow is HRA calculated in Java?
Calculate and display the gross salary and net salary when : da = 30% of basic, hra = 12.5% of basic , pf = 10% of basic, gross= basic+ da+ hra, net pay = gross – pf29 Mar 2019
Read moreHow is PF HRA calculated?
The amount of tax deduction that can be claimed will be the least of the following:
Read moreHow do you write an algorithm for gross salary?
If basic_salary <= 10000 then, hra = basic_salary * 0.8 and da = basic_salary * 0.2 . Similarly check basic salary and compute hra and da accordingly. Calculate final gross salary using formula gross_salary = basic_salary + da + hra .
Read moreHow is net salary calculated in Java program?
net salary= GS-income taxAlgorithm:
Read moreHow do I calculate my gross salary?
The basic salary is the base income of the fixed component of the whole compensation offered to employees. Gross Salary is, therefore: Basic Salary + HRA + Other Allowances .
Read moreHow is net salary calculated?
Net Salary = Gross salary – All deductions like income tax, pension, professional tax, etc. Net salary is also referred to as Take Home Salary.
Read more