Understanding Consolidated Salary and Applicable Deductions
I need to understand the term "Consolidated Salary" and what deductions are applicable under this title, connecting the Industrial Law as well as the law in connection to the International Schools where Part-Time Teachers are employed.
For a Consolidated Salary of Rs. 20,000 per month, where the teacher is employed 7 days a week as per the appointment letter, what would the deductions be and how would the salary be calculated? Can PF be deducted? Can TDS be deducted? What would be the percentage of deduction?
Kindly reply to me.
Regards,
Barry Boodle
I need to understand the term "Consolidated Salary" and what deductions are applicable under this title, connecting the Industrial Law as well as the law in connection to the International Schools where Part-Time Teachers are employed.
For a Consolidated Salary of Rs. 20,000 per month, where the teacher is employed 7 days a week as per the appointment letter, what would the deductions be and how would the salary be calculated? Can PF be deducted? Can TDS be deducted? What would be the percentage of deduction?
Kindly reply to me.
Regards,
Barry Boodle