Salary Master Details: How Do You Organize and Manage Payroll Effectively?

Dear All,

Salary master with all details, please try once...

Hi Deepak,

I noticed that for employee number 1016, Manoj kr Singha, you have indicated that his basic salary is Rs 6500/- and the PF deduction column shows "N," but the upper limit for PF contribution is Rs 6500. For ESIC, the upper limit is Rs 10000 per month.

You have done a great job with the salary master. Keep up the good work and continue posting updates.

Hi Deepak,
Excellent work. I am working as a Senior Manager - Operations in an IT company at Hyderabad. Can you please shed some light on the following doubts:

1) I have not understood the concept of Ex-gratia. What is it, and how is it calculated?
2) What is P.Fund in column 'T'?
3) The Gratuity payment is not shown in CTC.
4) Where can we show other voucher payments like Sodexho passes, which are part of the salary?

Kindly reply.

Regards,
TSRao

Hi Deepak Singh,

Thanks a lot for providing valuable information. I would like to inquire about the percentages of PF, ESI, and PT. Could you please guide me?

Looking forward to your assistance.

Kind regards

Hi Gajendra,

I'm a newcomer in this field. Could you please send the brief details on the rules of deduction for PF and ESI, and who will be covered under it? I would appreciate it if you could help.

Thanks in advance,
Gajendra

Dear Gajendra,

You may find the same and similar details on CiteHR itself. If you wish, you can refer to my previous post on CiteHR regarding the desired topics.

Thank you.

Hi,

CTC means the total cost to the company if the company hires anyone. It includes everything whether payable in monetary terms or not.