Salary slip query

Others 664 views 3 replies

Kapil Dhiman

Accountant

304 Points Joined February 2014

Hi,

I have some doubts regarding Salary please clariy ;

1. Employee take 20 days leave in a month without pay so then what effect comes on salary slip

Basic 50% 5000

HRA 25% 2500

Medial 12.5% 1250

Conveyance 8% 800

Other 4.5% 450

Please help in preparing salary slip .

2. Is bonus paid on dewali to employees is taxable or not ?

3. When Increment is given to employees then what is beneficial for company means how to design the salary sturacture ?

Replies (3)

Ramanuj

Accountant.

834 Points Joined May 2008

Dear Kapil

I think you made salary slip only working days not leave so you can change as per working days propartion divided accounding to above %. Each & every amount should be changed.

Bonus is taxable on payment basis.

When you have given to salary increment you can change basic salary & HRA not conveyance & medical allowance becouse. Exampted Con 800/- & medical allowance 1250/- per months

Thanks & Regards

Ramanuj

Accountant.

834 Points Joined May 2008

Dear Kapil

I think you made salary slip only working days not leave so you can change as per working days propartion divided accounding to above %. Each & every amount should be changed.

Bonus is taxable on payment basis.

When you have given to salary increment you can change basic salary & HRA not conveyance & medical allowance becouse. Exampted Con 800/- & medical allowance 1250/- per months

Thanks & Regards

Ramanuj

Shweta Softwares

Business

115 Points Joined August 2008

Import Attendance data from excel to Tally using udi-Magic software.

Steps

Start Tally ERP and Open a Company.
Start udi-Magic software
Select the option Excel to Tally > Import data into Tally
Click the Browse button and select the Standard Excel template (for Attendance) provided with udi-Magic converter
Click the Start button

Download link : https://www.rtslink.com/downloads