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Hello Seniors,

Could you please guide me on whether the salary slip breakup for a proprietorship firm is the same as that of private limited (Pvt Ltd) and limited (Ltd) firms? Specifically, does the breakup include basic pay, House Rent Allowance (HRA), allowances, etc.

I kindly request you to share the format of the salary slip.

Thanks & Regards,
Ruchi Thakkar

From India, Mumbai
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Ownership status has no bearing on labor legislations. Whether owned by an individual, by partners, by a Private Limited company, or by a public limited company, the rules are the same.

Sivasankaran

From India, Chennai
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Hi Just try out the attached structure.. Regards Madhan
From India, Delhi
Attached Files (Download Requires Membership)
File Type: xls Salary Structure.xls (27.0 KB, 3047 views)

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