How to prepare the monthly salary statements for pvt ltd co - tds
CiteHR
 
HOME ANSWERED NEW ABOUT LOGIN
Home > Human Resource Section > Employee Compensation & Benefits

How to prepare the monthly salary statements for pvt ltd co

varshajrajani Started The Discussion:

I am working in pvt ltd co in mumbai.
This co is into sales & support service of hi-tech instrumentation used in the field of Hydrography & Oceanography.

I have been given a responsibility of preparation of salary statement including tax part knowledge in excel.

Please help me out for the format , deductions part . format in excel.

Knwoledge about deduction (tds / P.F. / Prof Tax etc whatever is required.)

Gross salary - to = net salary.

bhumica - 
Hello,
I am attaching the file for updating your knowledge and qurries.
You would just need to punch the working day and the automatic calculation will take place. YOu would need to change the percentages according to your slabs
revert still if the querry pertains
Meeca


Attached FilesProvided by community member bhumica. Join us to learn and grow with your peers.
File Type: xls salary_format_191.xls (22.5 KB, 1871 views)
Hello Ms. Bhumika I couldn’t able to find that file for preparing salary statements. If possible, can you mail the file to my id: career4uday@gmail.com regards udaya kumar HR Executive

SASHMITA - Contributing Member
Dear bhumica, Cud you plz send me the attachement as well for computing the salary for pvt. ltd cos. :) Thnx Sashmita

pmjamshi - 
HI, Does HRA vary from state to state? How is DA and HRA calculated. Whats gratuity....? Kindly reply. Thanks in advance :) Jamsheer

subhabratadg - Contributing Member
I would like to share the information on calculating salary :

The components are :

1. Basic salary
2. HRA
3. Conveyance
4. Spl. allowance
5. Gross salary
6. Days actually present ( including approved leave)
7. Earned basic on the basis of 6.
8. Earned HRA
9. Earned Conveyance
10. Earned Spl. allowance
11. Earned Gross salary
12. Any incentive
13. Less PF
14. Less ESI
15. Less TDS
16. Less P. Tax
17. Total deduction
18. Net Salary after deduction.

Hope this will you.

Regards

Subhabrata Dasgupta

Nice work Subhabrata Dasgupta keep sharing the information’s Regards, JEYA PRADHABAN

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.


Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


4444
VIEWS

6
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network