CASH SALARY SLIP

You haven't mentioned how many people work in your company. You mentioned a salary of 5k, but why are they not entitled to PF? Anyways, if you want to break down the salary, you can consider taking 50% of 5000 as Basic, 40-50% as HRA, 800 for conveyance, etc. Ho...

Exclude the TDS part. However, you can prepare the salary slips in this format. This is usually used by start-up companies. If you work in a CA's office, please note that new rules state that even a company with just one employee needs to register under EPF and ...

@imok:> Make sure you are not getting lower than minimum wages, but deductions can be made for insurance.Hi again imok, Can you explain the insurance deduction? What steps do I have to take for that?

You are correct that there is no compulsion, but it is necessary for employees' future security. Anyways, you can consider the following options: increase the amount in special allowance, or if you prefer to show a deduction, allocate the PF amount to insurance ...

@imok:> Your breakup for a 5000 salary:> - Basic: 2000 (40% of gross)> - HRA: 1000 (50% as you are in a metro)> - Conveyance: 800> - Special Allowance: 960> - Deduction PF: 240> Total: 5000> Correct me if I am wrongHi imok, can you explain why you included the P...

@vikrams1984:> Google the rule about EPF and ESI. And also YES, you can take out some points like medical, but usually medical benefits are found on every company's payslip.> > –-VikramOh okay, because I read somewhere that medical allowance has some other compl...

Google the rule about EPF and ESI. And also, yes, you can take out some points like medical, but usually medical benefits are found on every company's payslip.-Vikram

Salary CertificateMr xxxxx is working with us as a “Post name”, placed at “City Name” with a CTC of Rs 60,000/- These are the CTC details.Head Particular Annual Package Monthly PackageBasic 24000 2000HRA 18000 1500Special Allowance (Attire Allowance) 2400 200Con...

Make sure you are not receiving lower than minimum wages, but deductions can be made for insurance.