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Formula-based salary components

In a payroll tool such as Zoho Payroll or greytHR, HRA is set up as a formula equal to 50% of basic. What happens when an employee basic is increased?

A.HRA is recalculated automatically from the new basicB.HRA stays the same until it is edited by handC.HRA becomes zeroD.The employee must submit a new declaration

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Formula-based salary components

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