Comprehensive Guide to Salary Calculation Based on 2019 Rules Under Indian Labor Laws

Dear Rakesh,

I'm sorry, but due to privacy and security guidelines, we can't send the file directly to your email address. However, I can guide you on how to create a salary calculation sheet based on the 2019 rules.

Step 1: Basic and Allowances
First, note down the basic salary and allowances such as House Rent Allowance (HRA), Conveyance Allowance, Medical Allowance, etc.

Step 2: Deductions
Next, note the deductions that apply to the employee. These could include Provident Fund (PF) deductions, Professional Tax, and Income Tax.

Step 3: Gross and Net Salary
Gross Salary is the sum of basic salary and allowances. Net Salary is Gross Salary minus the deductions.

Formula: Gross Salary = Basic Salary + Allowances Net Salary = Gross Salary - Deductions

Step 4: Income Tax Calculation
For Income Tax calculation, please refer to the tax slabs provided by the Indian Income Tax Department for the financial year 2019-2020.

Step 5: Final Salary Calculation
Once you have all these components in place, you can calculate the final salary.

Remember, labor laws in India pertaining to salary components and deductions can vary, so I recommend referring to the most recent version of the Indian Labour Law and Employment Manual.

For better visualization and understanding, you can use an Excel sheet to perform these calculations. There are also online salary calculators available that can perform these calculations based on the inputs provided.