Things You Must Know About Your Salary Slip

1 Basic Salary

Basic salary is the amount paid to an employee before any extras are added or taken off, it comprises 35-50 percent of your total salary. Many things are structured around it such as internet or phone allowances.

2 House Rent Allowance

In short, HRA is one type of allowance that is allotted by the company that helps you pay house rents and this depends on different variability’s such as company, location, metro or non-metro et cetera.

3 Conveyance Allowance

CA paid by the company facilitates the money needed to travel from work to home and back to work on a regular basis; also this is an exempt from Income tax.
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