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.
16th February 2007 From India, Mumbai

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
20th February 2007
Attached Files
File Type: xls salary_format_191.xls (22.5 KB, 2697 views)
Dear bhumica, Cud you plz send me the attachement as well for computing the salary for pvt. ltd cos. :) Thnx Sashmita
26th February 2007 From India, Delhi
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.
Subhabrata Dasgupta
29th February 2008 From India, Calcutta
A platform for business and professional insights. Register at Cite.Co and grow professionally with your peers around the world.

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.

About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network