SALARY SLIP FOR DIRECTOR REMUNERATION

As you may know, there are different views for different purposes.First of all, let me ask you this - for a credit card application purpose, such a detailed analysis may not be necessary. Probably the bank might ask you to attach the latest ITR.V (or other appli...

Dear Sangeeta,Kindly recheck your total mentioned above. It is coming to 2,15,000\. The breakup is correct, and you can generate a salary slip with a deduction of professional tax as per the details placed below:Karnatakaup to Rs.9,999/- NilRs.10,000/- to Rs.14,...

Dear Sangeeta,I have gone through your query, but it's not clear from your posting whether your organization has a standard salary breakup or if a fixed amount is being transferred to employees' accounts or they receive payments in cash.Upon reviewing your salar...

Hi Seniors,Some more points are mentioned below:1\. As this calculation is for PER MONTH wise, the CTC will be Rs. 2,10,000 (Two Lakh Ten Thousand Rupees) per month. Kindly let me know about the calculation and deductions I need to consider.2\. He told me to cre...

Dear Akhil Sir,Thanks for your valuable reply.I need to know for Managing Director what should be the proper salary break up. Because this is a huge CTC. Its Rs. 210,000\. PM (Two Lakh Ten Thousand). As I mentioned above my thread, the salary break up is correct...

Dear Sangeeta,Bifurcation is fine as start up venture and you can add more tax free (Full or Partial) heads as mentioned below but i will suggest that you must fix the compensation policy first followed by grading system to avoid any hassle in future..1\. Basic ...

Dear Sangeeta,Deductions you need to take care of in the salary slip are as follows:1\. Professional Tax2\. PF (if applicable)3\. ESI (if applicable)

Yes, there is a salary slip format for the Managing Director (MD) of a company. The format would typically be similar to other employees but might include additional components such as bonuses, profit shares, or other executive-level compensation. Here's a gener...