35000 Salary Breakup Sheet
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Dear Malathy,Payment of overtime wages is a statutory necessity under the Factories Act 1948, and the coverage under the Act extends to all who are directly or indirectly employed in the factory, including the premises (Section 2m). There is no salary criteria i...
Can anyone help me with salary breakup formation? I have only a little knowledge.
If the employee's salary comes under the Income Tax bracket, i.e., Taxable salary, then HR should refer to the IT exemptions and their limits. Subsequently, they should work out the Salary Breakup under a few categories as listed below:1) Basic2) HRA3) Conveyanc...
Wages of INR 35,000 mean it is Basic & DA. If it is the total monthly wages, add PF, ESI, Bonus, and any other items payable to the employee. Then 50% of that is Basic and DA.S K Bandyopadhyay (WB) 98310 81531
Hi team,Please send me a salary calculation/breakup sheet (Excel sheet) with the latest wage rules.Regards, DiyaLocation: undefined, India
**Salary Calculation Breakdown Sheet with Latest Wage Rules for India**To create a comprehensive salary calculation/breakup sheet in Excel incorporating the latest wage rules in India, follow these steps:📉 **Gather Necessary Information:**- Obtain the current m...
Dear Aishwarya,Kindly note that without the qualifications, experience, and designation, it would not be prudent for us to offer an opinion. Please revert to us with these details to receive our views.Regards,MVK@ Kamal Singh - PF is considered at Rs. 1800/- bas...
@AishwaryaBhardwaj… Why is the EPF contribution $1800 for the employer and not $1950? The employer is also paying administrative charges for that employee, so I believe that should be included in the CTC.
Don't you pay HRA to those who stay in owned houses or houses owned by his/her spouse? If an employee is residing in his own house naturally, he will not get HRA, right? Then the gross salary will change, right? How are you going to adjust the same?Similarly, LT...
Hi HR folks,I'm reaching out to leverage the collective wisdom of our group! I've attached a salary breakup Excel sheet I'm developing for [position title] (or [department] if position specific isn't relevant).This is a draft for benchmarking purposes, and I'd l...