12th December 2011 From India, Calcutta
Thank you for the Salary Break Up Calculator. However, I had one doubt, is it right (legally) to show Employer Contribution to PF as part of employees Gross Salary? It is surely a "Cost to Company" but can it be shown as a deduction from employee gross, even if it is credited to him in the first place.
this question is purely from a legal point of view and not the general practice that seems to be followed everywhere? Will this structure stand the scrutiny of law if, for any reason, this is produced and examined by a legal authority?
In the present excel sheet, How will his pay slip look like?
4th July 2017 From India, Kochi