Why basic salary is high?

High basic salary is beneficial for some individuals and not so much for others. People with incomes under the 10-20% bracket can benefit from a high basic pay as they can build on their retirement savings. However, those with incomes under the 30% slab may benefit more from tax-saving allowances. 17-Oct-2022

https://www.betterplace.co.in/blog/high-basic-salary-advantage-disadvantages/#:~:text=High%20basic%20salary%20is%20beneficial,more%20from%20tax%2Dsaving%20allowances.