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Hi all, please tell me how to prepare a payslip in Excel without any deductions from the salary for $10,000 per month. My senior instructed me to prepare one, but I don't have an idea about this. Please let me know; it's very urgent.
From India, Bangalore
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For the total salary of Rs. 10,000/- as per the Karnataka PT Act, PT of Rs. 150/- is applicable. Moreover, PF and ESI at 7% each are also applicable, but TDS shall be exempted.

Salary Breakdown

Basic: 5000/-
HRA: 3000/-
Medical Allowance: 1250
Conveyance Allowance: 750

Regards

From India, Bangalore
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Hi Jeevarathnam, Thank u for sharing the information. But it could be better if you send this format in excel. Like percentage of Basic, HRA, Medical Allowance, Conveyance Allowance.
From India, Bangalore
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