Can any one help me with the details of a Payroll for any company. The details answering questions like what is a payroll? what are the different components of a payroll? How is it calculated? Sapan
From India, Ahmadabad
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From India, Ahmadabad
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Dear Saplan, Basic four components of salary is Basic, Misc allownace, Conveyance, and HRA. PF will be deducted from Basic ESI will be deducted from Gross
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Hi, this is Amol Agaskar working for an HR service provider company.
Payroll is an important business function that deals with the process of paying employees for services rendered. The components include:
EARNINGS
- Basic
- HRA
- Conveyance
- Medical Allowance
- LTA (Leave Travel Allowance)
DEDUCTIONS
- EPF (Employee Provident Fund - 12% of Basic)
- ESIC (1.75% of Gross Salary)
- TDS (Tax Deduction)
From India, Mumbai
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Payroll is an important business function that deals with the process of paying employees for services rendered. The components include:
EARNINGS
- Basic
- HRA
- Conveyance
- Medical Allowance
- LTA (Leave Travel Allowance)
DEDUCTIONS
- EPF (Employee Provident Fund - 12% of Basic)
- ESIC (1.75% of Gross Salary)
- TDS (Tax Deduction)
From India, Mumbai
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Duties & Responsibilitie s of Various Posts.docx
Payroll.xls