Starting a New Job Soon: Can Someone Explain Monthly Salary Deductions to Me?

Subject – Monthly Salary Process

Dear Seniors, I am going to join a new company next month, and I need to know what the salary deductions in the monthly salary are and how much will be deducted. Could anyone please provide me with a salary Excel sheet to understand the salary process and the types of deductions made in the monthly salary?

Regards,
Bhavika

Standard Salary Deductions in India

The standard salary deductions in the Indian context would be:

• Provident Fund
• ESIC (if the gross salary is less than ₹15,000 per month)
• Income Tax (subject to income tax rules)
• Professional Tax
• Other Deductions (specific to your organization, such as a Benevolent Fund, etc.)
• Medical or other premiums being adjusted from your salary (specific to your organization)

Dear Seniors, I am going to join a new company next month. I need information on the salary deductions from the monthly salary and the deduction amounts. Could someone please provide me with an Excel sheet detailing the salary process and the types of deductions made from the monthly salary?

Regards,
Nidhi Gupta

Role of a Payroll Processor

Can you please tell me the role of a payroll processor? I am going to attend an interview for a Salary/Payroll Processor position. Just let me know what my role entails and the total monthly activities.

What Does Salary JV Mean?

Regards,
Jeetendra
[Phone Number Removed For Privacy Reasons]

I need help to start my audit of my 12-month salary sheet. There are different amounts for items like PF, PT, ESIC, advance salary, and loan. There are 12 columns for each month, but I only want one sheet to merge in Excel for the entire 12 months. Please help me.