sheetalkaluskar Started The Discussion:
Dear All, I am initiating giving salary slip to our employees. We are into finance sector. pl guide me how do design salary slip. what are components and their calculation regards, sheetal
23rd August 2007 From India

Hi Sheetal, Find enclosed one of the sample format of the Pay slip. Hope it may help you to prepare the same. Regards, Amit Seth.
24th August 2007 From India, Ahmadabad
Dear Ms Sheetal,
Greetings!
The sample Pay slip :
Payment to the Candidate
Particulars %age
Basic 54%
HRA 38%
Conveyance 8%
Monthly Gross

PF 12.00%
ESI 1.75%

Total Deduction
Net Take Home Salary
Add
PF 13.61%
ESI 4.75%
Rgds,
John N
24th August 2007 From India, Madras
Hi Shreekumar,
i would like to got for automating payslips. But we are only few months old company. Our company is basically 'investment advisory' one. Its a portfolio management company giving all types of financial services to the investors.
To start with we have nom 8 employess on the rolls. Even I wanted to prepare HR manual for this company. Can you help me out?
thanks & regards,
sheetal
24th August 2007 From India
Hi Sheetal,
Might be it was a problem with the site, that uploading were not being done..
Find enclosed one of the sample format of the same..
Hope it might help you to prepare the same..
Regards,
Amit Seth.
24th August 2007 From India, Ahmadabad
Attached Files
File Type: xls salary_slip_152.xls (68.0 KB, 5579 views)
Hi Amit, this will definately help me a lot. One more question, For calculation of 'Basic' - What percentage should be taken? regards, sheetal
24th August 2007 From India
Thank U.. its all mine pleasure that it helped you..
It varies from company to company..
Generally minimum starts from 30% and it goes upto 50 or even 60%..
The best would be between 30 - 40%..
Regards,
Amit Seth.
24th August 2007 From India, Ahmadabad
Hi,
You have mention that employee contribution toward PF is 12% of Total basic and employee contribution 13.61%.
But if I am not wrong then employee and employer contribution toward PF is same. istead if employee wants then he can increase his contribution toward PF.
Pls add your comments !!!!!!
Regards,
Vijay
25th August 2007 From India, Mumbai
Dear Vijay, Greetings! I am in to outsourcing Company, we used to deduct 13.61% PF. As of PF it is 12% only. Hope it clarifies ur doubt. Rgds, John N
25th August 2007 From India, Madras
Hai,
You have not mentioned type of organisation. Find out whether your organisation comes under the purview of Factory or Establishment?. You have to follow the procedure laid in the relevant provisions under the Act. Further, take all the content in the forms prescribed in the Acts and if you want to add anything more than extra fields, you have to take prior approval from the authorities.
Maheswara Rao.CH
25th August 2007 From India, Hyderabad

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