![]() Top-down: In this type, you define the amount for different salary components and add up the total as gross.The two basic types of structuring salary involve how we want to break up and define CTC. Important points to note while fixing an employee’s salary.Different ways of defining salary components.Different components of salary structure (in India).You can pick and choose any topic you are looking for or you can read through the entire post to get a detailed understanding of designing salary structure in India. So we have broken down this post into multiple topics. Due to Covid-19, the Centre had frozen the 3 additional installments of the DA and DR due from January 1, 2020, Jand January 1, 2021.Īs we all are aware, creating an ideal salary structure is one of the most important tasks of HR or payroll manager.It will impose an additional annual burden of Rs 9,488.7 crore on the exchequer. This hike will be applicable from July 1, 2021. DA for such employees is now raised to 31% from 28%. There is a 3% hike in DA and Dearness Relief (DR) for the central government employees and pensioners. The Department of Expenditure issued a memorandum regarding the Revised rates of Dearness Allowance (DA) to employees in Central Government and Central Autonomous Bodies. ![]() ![]() In this post, we will take a deep dive into understanding the salary structure in India. ![]()
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