How can we make employee-friendly salary calculations where they have to pay less tax? There are many small companies that do not provide PF/gratuity. Considering them, can you suggest something that would also be beneficial for the employer?
If various reimbursements (meals, training, car, phone, etc.) are considered in the salary component, is it necessary for employees to submit bills to the employer? Is it not possible for the employer to set a fixed amount without the need for bills from employees?
From India, Mumbai
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5If various reimbursements (meals, training, car, phone, etc.) are considered in the salary component, is it necessary for employees to submit bills to the employer? Is it not possible for the employer to set a fixed amount without the need for bills from employees?
From India, Mumbai
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
EMPLOYEE SALARY INCOME TAX CALCULATION.xls x