hi,

I would be framing the CTC structure of our company (software+BPO), i want to know if there is ant statutory ruling about the minimum amount of basic that needs to be paid out. say for instance:5000 P.M. is the CTC

Basic: 15,00(30% of 5000)
HRA: 750 (50% of the basic)
Attendance Allowance: 1000
Grade Allowance: 500
Special Allowance:1250

I just want to know if 1500 P.M. of basic is all right or not.

I have the "REVISED MIN WAGES: WB: with me, but I could not get anything from it.

It would be good if you could help me out with this.

Thanks and regards,
Abhi