Basic salary is the fixed salary, invariable, minimum wages, mandatory pay, fixed by the company to pay the employees. As per the legislative fixation, 30% to 60% of your salary shall be your basic pay, i.e., not less than 30% of your gross pay or take home salary ans not more than 60%, shall be basic pay.i,,,,,,,,,,,,,,,,,,, I am working in manufacturing company. The company salary policy is basic 40% of gross, hra 24% of gross, ca 18% of gross & ma 18% of gross.
Development of the banknote began in the Tang Dynasty during the 7th century, with local issues of paper currency, although true paper money did not appear until the 11th century, during the Song Dynasty.
Papermaking, a 2nd-century Chinese technology, was carried to the Middle East when a group of Chinese papermakers were captured in the 8th century. Papermaking technology was spread to Europe by the Umayyad conquest of Hispania. A paper mill was established in Sicily in the 12th century.he Assyrian King Sennacherib (704-681 BC) claims to have invented automatic sluices and to have been the first to use water screws, of up to 30 tons weight, which were cast using two-part clay moulds rather than by the 'lost wax' process.