Please confirm the salary components on which P-tax deduction will be applicable.
Salary Components | Nature | Consider in P-tax Gross Salary Yes/No
- Base Salary | Part of Fixed Pay |
- Base Salary Arrears | Part of Fixed Pay - Arrears |
- House Rent Allowance | Part of Fixed Pay |
- HRA Arrears | Part of Fixed Pay - Arrears |
- Employee Referral | One time |
- Gratuity | One time |
- Sales Incentive | One time |
- Leave Encashment | One time |
- LTIP | One time |
- Management Allowance | Part of Fixed Pay |
- Management Allowance Arrears | Part of Fixed Pay - Arrears |
- Ex Gratia Payment | One time |
- Variable Pay | One time |
- Notice Pay | One time |
- Joining Bonus | One time |
- Statutory Bonus Monthly | Part of Fixed Pay |
- Retro stat bonus monthly | Part of Fixed Pay - Arrears |
- Night Shift Allowance | One time |
- Relocation Allowance | One time |
- Rewards And Recognition | One time |
From India, undefined
Salary Components | Nature | Consider in P-tax Gross Salary Yes/No
- Base Salary | Part of Fixed Pay |
- Base Salary Arrears | Part of Fixed Pay - Arrears |
- House Rent Allowance | Part of Fixed Pay |
- HRA Arrears | Part of Fixed Pay - Arrears |
- Employee Referral | One time |
- Gratuity | One time |
- Sales Incentive | One time |
- Leave Encashment | One time |
- LTIP | One time |
- Management Allowance | Part of Fixed Pay |
- Management Allowance Arrears | Part of Fixed Pay - Arrears |
- Ex Gratia Payment | One time |
- Variable Pay | One time |
- Notice Pay | One time |
- Joining Bonus | One time |
- Statutory Bonus Monthly | Part of Fixed Pay |
- Retro stat bonus monthly | Part of Fixed Pay - Arrears |
- Night Shift Allowance | One time |
- Relocation Allowance | One time |
- Rewards And Recognition | One time |
From India, undefined
Pl.refer the attachment for general info. Any specific doubts you have to refer the PT Act of your respective state.
From India, Bangalore
From India, Bangalore
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