I read quite a bit about how basic pay component being high or low impacts take home and benefits:
Higher basic pay component benefits in long term in terms of PF, Gratuity and other benefits calculated on basic pay. But, you get hit on taxed because the entire basic.
So my question is: what is a good percent for the basic component in the CTC to get for each bracket i.e. 10% (2 to 5 lacs), 20% (5 to 10 lacs) and 30% (above 10 lacs)
And people with considerably high salaries in the 30% bracket.