Hi , Please explain me about the things include in the payslip in detail.like the Basic % and others things. — — — — Vani
From India, Secunderabad
Acknowledge(0)
Amend(0)
29From India, Secunderabad
Acknowledge(0)Amend(0)
Hi,
Find the details below for your reference.
Earnings include Basic salary, DA, H.R.A, Travelling Allowance (Fixed), Medical Allowance (fixed), LTA, Performance Allowance, and others; these all come under earnings.
Deductions include ESI and PF (Employee Contribution), Professional Tax, TDS, and others.
Salary components differ from company to company, but these are the basic salary components. Basic% is 40% of the annual CTC, and HRA is 50% of Basic; it may also differ from company to company.
From India
Acknowledge(0)Amend(0)
Find the details below for your reference.
Earnings include Basic salary, DA, H.R.A, Travelling Allowance (Fixed), Medical Allowance (fixed), LTA, Performance Allowance, and others; these all come under earnings.
Deductions include ESI and PF (Employee Contribution), Professional Tax, TDS, and others.
Salary components differ from company to company, but these are the basic salary components. Basic% is 40% of the annual CTC, and HRA is 50% of Basic; it may also differ from company to company.
From India
Acknowledge(0)Amend(0)
In a payslip, there are 4 things to include:
1. Salary for the month
2. Deductions (Advances, loans, fines, etc.)
3. Earnings (Overtime, errors, leave salary, bonus, reimbursement, and other payments)
4. Net pay (1+3-2=net pay)
Naeem
Email: mnaeem81@yahoo.com
From United Arab Emirates, Dubai
Acknowledge(0)Amend(0)
1. Salary for the month
2. Deductions (Advances, loans, fines, etc.)
3. Earnings (Overtime, errors, leave salary, bonus, reimbursement, and other payments)
4. Net pay (1+3-2=net pay)
Naeem
Email: mnaeem81@yahoo.com
From United Arab Emirates, Dubai
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 & Compensation Guidelines.zip
Att. Salary, Payslip workbook.xls