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.
Early Currency in China. With a history of over 3000 years, Chinese currency existed in both Ancient and Imperial China. In 1914, the Silver Dollar was established as the official currency of the Republic of China, with copper, fen, and nickel coins being added in the 1930s.ith a history of over 3000 years, Chinese currency existed in both Ancient and Imperial China. In 1914, the Silver Dollar was established as the official currency of the Republic of China, with copper, fen, and nickel coins being added in the 1930s.