Sr. Manager Hr/admin

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Please let me know how to make a salary structure for employees offered consolidated salary and there is no PF and ESI. Also let me know reg the TDS deduction on this salary
very urgent. Its a travel and tourism company operated in Kerala.

If you can tell the approximate salary then you might get some advices accordingly. As you are telling there is no ESI & PF then I dont think so as Salary Structure is required.
TDS is applicable only if the employee gross earnings are above 2Lakh per annum. If below 2 Lakh then there is no TDS applicability too.

Thank-u, But please clarify if TDS can be deducted on the consolidated salary . For ex if any employee paid above 15000 as consolidated salary how the TDS has to be deducted . Is a salary structure must with only Basic, HRA, TA, Telephone allowance or if anything else can be included in the structure. Please let me know very clearly it will be very helpful to me.
For consolidated salary of 15000 there is no need of TDS. If annual salary exceeds only 2,00,000 then TDS is applicable. Else no need of TDS.
Salary structure will have
Conveyance Allowance
Medical Allowance
Special Allowance
no Telephone allowance in structure. If it is used purely for office purpose then the same shall be paid directly to telephone service provider instead paying to employee

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™