Hi Fishes,

I have one query.
What's the role of Basic Salary in our CTC structure?

Is there any advantage if it's higher or vice versa.?

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Basic Salary defines how much your in hand salary will be. Also based on basic, PF - employee contribution(12%) and HRA ( 40 -50%) is calculated. Hence it has impact on how much tax will be deducted since PF comes under 80C and you can avail tax exemption for HRA if staying in rented place. Since high basic will mean high PF, your PF balance at the time of retirement will give you a financial security at retirement.
Unless there are are more tax free components in your CTC, it's better to have a good amount of basic.

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