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July 20, 2024

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What is Basic Salary: Definition, Formula, & Calculation Methods

What is Basic Salary: Definition, Formula, & Calculation Methods What is Basic Salary? Basic salary is the fixed amount or base salary paid to an employee. The total salary comprises various components like basic salary, allowances, provident fund (PF), tax (TDS), and more. If you are a fresh graduate or a working professional, you must […]

July 20, 2024

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