What are various components of Salary? Explain any two components with suitable examples.

Introduction Salary is the compensation paid by an employer to an employee for services rendered. It comprises various components, both fixed and variable, and is designed to reward the employee’s contribution to the organization while fulfilling legal and financial obligations. Various Components of Salary Basic Salary Dearness Allowance (DA) House Rent Allowance (HRA) Conveyance Allowance […]

What are various components of Salary? Explain any two components with suitable examples. Read More »