Payslip Components

hi sir could you describe the components which we can take generally in payslip and the pecentage and calculation part please suggest me even the tds calculation also and what kind of allowances will provide the employee. thank you please give me a quick reply

Dear Mr.Anil,
For TDS calculation go through Niyanand Yaswanths Tax Calculator

Regrads,
Satesh K Rajam
9676444044

Dear Mr.Anil,
Payslip will provide the information of the employee at glance.
1. It should contain with all general emplacement information along with Statutory information.
2. If your processing salary through Bank Bank A/C No.
3. Information regarding his Salary Advance or Loan(Internal)
4. If your following CTC structure some of allowances will not come in Payslip, we should be able to explain.
5. for IT exception you can split the Salary as below:
Basic&DA - taxable
HRA - 40% of Basic(Non metro), 50% of Basic(Metro)
Uniform Washing Allow. - 500/- P.M
Conveyance - 800/- P.M
Children Education Allow.-100/-per Child(If they are in hostel 400/- per child)P.M
Medical Allow.- 15000/- P.A.
LTA - amount as per your company policy(Exception twice in 4years)
*PF & PT ARE EXCEPTED