How To Give Salary Slip
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@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...
@imok:> Well, as a part of organizational policies, organizations buy insurance for their employees with the employees' consent. They usually deduct $200-$1000, depending on salary/policy. There are no particular rules regarding this, to the best of my knowledge...
Hello,Yes, you can. As per my current practice, I run the payroll on the 1st of every month and share salary slips with employees. We conduct salary transfers through the official bank of the organization, so salaries are credited on the 7th. If there are any di...
Hi all,In my company, the salary is credited by the 7th of the month. There have been a few instances where employees have asked for their salary slip on the 1st of the month, i.e., before the salary is credited. Is it permissible to provide a salary slip to an ...
The normal practice is to see that Salary slip is issued before the salary is credited to the Bank to help employees to check correctness of salary, earnings, deductions etc.,C.N. Khan, HR Consultant. khanvsl_56@rediffmail.comSANDUR, HOSPET, BALLARI DIST., 2.7.1...