Sentences with phrase «dearness allowances»

Dearness Allowance - Year after year inflation is rising and to tackle this issue dearness allowances are provided to the employee.

For individuals living in metro cities, 50 % of the basic salary + dearness allowances, while it is 40 % of the basic salary + dearness allowances for individuals living in non-metro cities.

For HRA calculation, the salary you get is defined as the sum of dearness allowances, basic salary and other commissions.

Salary = Rs. 30,000 per month (the basic salary is taken into consideration in this case since no dearness allowance or commission is there).

In case of Government fund, the contribution from the employee's side is 10 % basic salary + dearness allowance with exactly same contribution from the employer.

An employee who wants to increase his retirement savings can tell the employer to deduct a certain percentage above the necessary 12 % of basic pay and dearness allowance that goes towards EPF account.

An employee can contribute around 100 % of basic pay and dearness allowance towards VPF account (part of EPF).

Dearness allowance is basically an adjustment of cost of living given to reduce the inflation effect on the economy.

If you're not getting a dearness allowance or any other commissions, then the HRA will be 40 % -50 % of your basic pay.

Dearness allowance which is performing part of the salary for computation of retirement benefits as per the terms of employees.

The salary is described as the sum of basic pay, dearness allowance (if any), and any other commission.

In case of Tier 1 accounts, the contributed amount in the scheme is 10 % of the basic salary in addition to the dearness allowance from the employee and the employer.