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Dear sir, We are giving detailed salary slip to our employees which covers Basic, Da and other allowances what ever directly given to the hand after PF, Esi and tax deduction for the current month and Cummulative for the running financial year. We mentioned the employer contribution for PF, Esi and gratuity in the same slip along with minimum bonus and leave salary to show him that cost to the company for an individual.
We are providing tea/coffee and food in subsidy price. For example if the company spend Rs.50 for food to the individual per day, we deduct only Rs.10 as subsidy price. Remaining Rs.40 observe by the company. For calculating CTC, how do we show this in salary slip. How it will Impact in other govt rules if we mention this in salary slip. Please explain and give any model of salary.
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Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Dear sir, We are giving detailed salary slip to our employees which covers Basic, Da and other allowances what ever directly given to the hand after PF, Esi and tax deduction for the current month and Cummulative for the running financial year. We mentioned the employer contribution for PF, Esi and gratuity in the same slip along with minimum bonus and leave salary to show him that cost to the company for an individual.
We are providing tea/coffee and food in subsidy price. For example if the company spend Rs.50 for food to the individual per day, we deduct only Rs.10 as subsidy price. Remaining Rs.40 observe by the company. For calculating CTC, how do we show this in salary slip. How it will Impact in other govt rules if we mention this in salary slip. Please explain and give any model of salary.
Community Prime Sponsors
FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS.
Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA.
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