Dear All,
I want to know about the salary slip. Is leave without pay treated as a deduction from the salary? I am aware of the different slabs of Profession Tax but want to know how to calculate Profession tax, i.e., on the total salary of the employee in that month or on total earnings minus total deductions?
Waiting for a reply.
Thank you! - Pinky
From India, Nagpur
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I want to know about the salary slip. Is leave without pay treated as a deduction from the salary? I am aware of the different slabs of Profession Tax but want to know how to calculate Profession tax, i.e., on the total salary of the employee in that month or on total earnings minus total deductions?
Waiting for a reply.
Thank you! - Pinky
From India, Nagpur
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Hi, The LOP is deducted from the salary. As regard to Professional Tax, this differs from State to State. However the calculation is on the basis of salary prior to deductions. Varsh
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Hi,
I have finished using Tally 7.2, and I am currently working in a private company. However, I do not have much experience in accounting. Could anyone please help me understand how to calculate salary in Tally? Additionally, I would appreciate some guidance on how to maintain accounts in Tally.
Thank you.
From India, Delhi
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I have finished using Tally 7.2, and I am currently working in a private company. However, I do not have much experience in accounting. Could anyone please help me understand how to calculate salary in Tally? Additionally, I would appreciate some guidance on how to maintain accounts in Tally.
Thank you.
From India, Delhi
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SALARY SHEET CALCULATION.xls
Professional tax hyderabad.doc