tarunaindia
4

Hi All
Please note the case as follows
One is having 15000/- PM breakup is as follows
Basic-9000/-
HRA-4500/-
Conv-1500/-
___________
Total-15000/-
Salry is with PF deduction@12% on min Basic@Rs6500/-
in the month of Jan-08 leave was -01 day
TDS deduction Rs.500/-PM
(1)Please calculate the net salary for Jan-08 with a suitable salary format presentation.
All unaltered for Feb-08 with a leave of 2.5 days(All remained unchanged TDS and all)
(2)Please calcualte the net salary for Feb-08 after all deduction with suitable salary format to easy to understand by employee as simple structure of payslip.
Waiting reply with strong format but easy to understand.
thnx
tarun-delhi

From India, Lucknow
chennai.ibrahim
35

The case presented is wrong,
1. When the basic is 9000/=, PF to be computed eithere for whole basic which is 9000 * 12% = 1080 nor as per statutary the minimum PF amount contributable is 780/= who are above the basic of 6500/=.
2. You talk about leave it is paid leave or LOP leave.

From India, Hyderabad
tarunaindia
4

Hi Ibrahim
Thnx for the response well the leaves are not paid leaves and more over company shows 9000/- as basic but PF cuts on 6500/- as statutory.
Please go thru and reply if any other data u require.
thnx
tarun

From India, Lucknow
tarunaindia
4

Hi all 84 views and only 03 replies so negligible please add some soon.. waiting thnx tarun
From India, Lucknow
manishthakur1979
I Am Accoutant For A Privat Company And My New Jobs Staff Salary Payment Please Smiple Salary Format Culation And Menation Hr, Da ,pf How Much % Please Send Me
From India, New Delhi
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