What Is Consolidated Salary

Dear Sir,I need to understand the term "Consolidated Salary" and what deductions are applicable under this title connecting the Industrial Law as well as the law in connection to the International Schools where Part-Time Teachers are employed.For a Consolidated ...

Dear Sir/Madam,I hope you are having a good day.I have a question regarding Consolidated Salary:1) Is it applicable for deduction for PF and ESI?2) Is special allowance applicable for consolidated salary?Thank you.Mandar Dole

Hi,PF is not deducted in this case. Even other benefits might not be included. This amount is credited to the employee with the deduction of TDS only.

Hi sir, good evening.I am working with an autonomous De novo body university under the Government of India as a lab technician. My salary is 12,000 consolidated, and I have been working here since 13/08/2012 to date. There is an open regular vacancy for the same...

I would like to know whether a person drawing a consolidated salary per month (There is no salary breakup) is eligible for the Standard Deduction of Rs. 40,000/- in the FY 2018-19.

Hello,Consolidated means "joined together as a whole" in its literal sense. Consolidated pay or salary a person is offered is the amount a person receives for the work done on a monthly/weekly basis. It consists of all the entitlements joined together without sp...

Dear Barry,Consolidated remuneration means remuneration given to employees without any breakup of remuneration. This attracts all statutory deductions if applicable. TDS may be 10%.

Barry,Consolidated salary contains all allowances but no bifurcation. PF to be deducted on the consolidated pay, i.e., Rs.20,000/-. TDS to be deducted if it is taxable income.Pon