A Salary Breakup is a detailed breakdown of an employee’s total compensation, showing components like basic pay, allowances, and deductions, often in a payslip.
- What is a salary breakup?
Answer: It is a detailed breakdown of total compensation components. - What does it include?
Answer: It includes basic pay, bonuses, taxes, and benefits. - Why is it important?
Answer: It provides transparency and aids tax planning. - Who provides it?
Answer: Employers or HR provide it. - How does HR manage it?
Answer: HR calculates and communicates the breakup.
