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Salary

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(Querist)
16 February 2009 Dear All,

Give me
1. I am working in a trading firm and there are about 25 employees.
what is simple way of salary calculation.

2. Performa of monthly salary sleep.
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
16 February 2009 If any employee's salary is more than Rs. 1.50 lakh only then you need a salary slip to bifurcate the salary in diff. parts. However you can use the below heads:

Basic salary
H.R.A.
Reimbursement of Medical Expenses
Transport Allowance
Uniform Allowance
Children Education Allowance
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