Salary slip query

Kapil Dhiman (Accountant) (304 Points)

20 February 2015  

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 ?