Understanding Payroll Deductions: What Gets Taken from Your Salary and Why?

Hi Vishnu,

I want to know about the complete payroll process. In payroll, what deductions are made from an employee's salary, such as PF, ESI, etc., and at what percentage? I would like to have detailed information.

Thank you.

Hi,

Please find this sheet. This may be helpful to you.

I want to know about the complete payroll process. In payroll, we deduct various components from an employee's salary such as PF, ESI, etc., along with the corresponding percentages. I would like to have detailed information on this topic specifically within a construction company setting.

Dear Bhandhavi, The worksheets for Salary are nice. There is a little difficulty in understanding and working with the worksheets. Can you please provide a little write-up to understand the function of each worksheet as well as the usage of the package as a whole on a monthly basis? Please provide instructions on how to generate various reports, such as Salary Register, Salary Slip for individuals, TDS, EPF, ESI, and other returns, etc.

Regards.