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
From India, Ahmadabad
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
Hi this is Amol Agaskar working for Hr service provider company.
Payroll:
It is an important Business Function tha deals with the process of paying Employees for Services Rendered.
The Components are,
EARNINGS
Basic
HRA
Conveyance
Medical Allownace
LTA ( Leave Travel Allowance)
DEDUCTIONS
EPF (Employee Provident Fund - 12% of Basic)
ESIC (1.75% of Gross Salry)
TDS ( Tax Deduction)
From India, Mumbai
Payroll:
It is an important Business Function tha deals with the process of paying Employees for Services Rendered.
The Components are,
EARNINGS
Basic
HRA
Conveyance
Medical Allownace
LTA ( Leave Travel Allowance)
DEDUCTIONS
EPF (Employee Provident Fund - 12% of Basic)
ESIC (1.75% of Gross Salry)
TDS ( Tax Deduction)
From India, Mumbai
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