Our is a new company.
Can anyone please suggest how to calculate employees' salaries per month? What are the deductions?
If the employee joins in the middle of the month, will there be any change in the basic salary?
How to create PF accounts? How to deduct from employees? (Is it 12% on basic)
From India, Hyderabad
Acknowledge(0)
Amend(0)
Can anyone please suggest how to calculate employees' salaries per month? What are the deductions?
If the employee joins in the middle of the month, will there be any change in the basic salary?
How to create PF accounts? How to deduct from employees? (Is it 12% on basic)
From India, Hyderabad
Acknowledge(0)Amend(0)
Hi there,
I will definitely work it out for you, but before that, I need to know what kind of company you are. Are you a Pvt. Ltd. Co./P'ship Co/Sole Proprietorship? What do you deal in: service/manufacturing/trading/other? If possible, please send me your company profile.
From India, Pune
Acknowledge(0)Amend(0)
I will definitely work it out for you, but before that, I need to know what kind of company you are. Are you a Pvt. Ltd. Co./P'ship Co/Sole Proprietorship? What do you deal in: service/manufacturing/trading/other? If possible, please send me your company profile.
From India, Pune
Acknowledge(0)Amend(0)
Dear concordedesigns,
You have to specify the deduction part which is applicable to your organization. Basic pay won't change if an employee joins in the middle of a month; however, the pay would be calculated based on the number of working days of that employee. PF would be applicable to employees who take home a salary of 6500.
You have to be clear on the question. Please search the forum regarding the questions asked. Always search the forum before posting a question. If you still have doubts, send me a message.
From India, Bangalore
Acknowledge(0)Amend(0)
482You have to specify the deduction part which is applicable to your organization. Basic pay won't change if an employee joins in the middle of a month; however, the pay would be calculated based on the number of working days of that employee. PF would be applicable to employees who take home a salary of 6500.
You have to be clear on the question. Please search the forum regarding the questions asked. Always search the forum before posting a question. If you still have doubts, send me a message.
From India, Bangalore
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary Sheet & PF PT Calculation & Challan.xls