What is the formula to calculate basic salary?

What Is Basic Salary? Definition, Formula & Income Tax

  1. Annual Basic = Monthly Basic X 12. Formula To Calculate Basic Salary.
  2. Gross Pay = Basic + DA + HRA + Conveyance + Medical + Other.
  3. Basic = Gross Pay – DA – HRA – Conveyance – Medical – Other.
  4. Basic = Gross Pay X Percentage.

All categories