What Is The Normal Practice Fallowed To Calculate Salaries

Sapan
Hi Friends,
Will you please give me the detailed structure of salary calculation in an excel sheet depicting the basis on which basic, pf esi, insurance and the professional tax is deducted( ex :the percentages for pf in the basic salary)
Sapan
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nsudha
Hi Sapan,
Please find the attachment for calculating the salaries. I am forwarding you some details which I have for this. Just go through it and see if it would be of any use to you. If not, please let me know in detail exactly what is your requirement so that based on that I would try to help you if possible.
Regards,
Sudha
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anet21frank
Thanks. I was undr the impression thatthe PF is calculated on Basic + DA. Can you clarify. I was told that the Basic + DA should amount to 60% of the total salary. How does one define a yealy increase on the Basic and DA.
This is for asmall diagnostic set up.
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