Our is a new Company......
Can any one please suggest me how to calculate employees salaries per month ?
What are the deductions.....?
If the employee joining is supposed in the middle of the month then will there be any change in basic.....?
How to create PF A/c's ? How to deduct from employees?
( Is it 12% on basic )

From India, Hyderabad
Hi there
will definately work it out for you but before that
i need to know what kind a company are you? Pvt.Ltd.Co./P'ship Co/Sole Proprietorship
what do u deal in : service/manufac./trading/other
if possible send me your company profile

From India, Pune
Mahr
477

Dear concordedesigns,
You have to specify the deduction part which is applicable on to your organization. Again basic won't change if an employee joins on the mid of a month, however the pay would be calculated on to the no of working days of that employee. PF would be applicable to employees who take home a salary of 6500.
You have to be clear on to the question. Again please do search the forum in regards to the questions asked. You should always search the forum before posting a question. If still you have doubts post me a message..

From India, Bangalore
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File Type: xls New CTC.xls (181.5 KB, 719 views)

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