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.
Paper - Paper was invented by the Chinese as well as many interesting uses for paper like paper money and playing cards. The first paper was invented in the 2nd century BC and the manufacture later perfected around 105 AD. Printing - Wood block printing was invented in AD 868 and then moveable type around 200 years later. This was actually hundreds of years before the invention of the printing press by Gutenberg in Europe.