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What is Basic Pay 50% Rule in India

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The Basic Pay 50% Rule states that basic salary must be 50% or more of gross pay to prevent salary splitting into excessive allowances. This explanation explores its role in payroll compliance, provident fund contribution, gratuity calculation, and statutory benefits. It also highlights how this rule affects employer cost, employee deductions, and overall compensation planning while e... https://savvyhrms.com/basic-pay-50-rule-explained/

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