Examples of Basic Salary in a sentence
Basic salary means a participating employee's regular salary, including any retroactive pay adjustments, but does not include overtime or any other special payments, for example allowances, differentials, lump-sum payments.
This contract of employment is terminable by Ninety days advance notice by the Company on payment of Basic salary in lieu of notice, and the Company in such a case is not bound to give any reason, therefore.
You will receive a Basic salary of INR 21,418 per month which shall be deemed to include basic and dearness allowance, and which may at any later date be so split at the discretion of the Company.
Basic salary means a participating employee’s regular salary including any retroactive pay adjustments but does not include overtime or any other special payments, e.g., allowances, differentials, lump-sum payments.