salary slip

vijay (Querist) 07 February 2009 This query is : Resolved
hi can i get the format of salary slip as i am new in accounts field,also i would like to know about the necessary deductions while calculating the salary.

thanks

regds

vijay

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PALNITKAR V.V. (Expert) 07 February 2009
I have already given a format of salary slip. The mandatory deductions are like Provident Fund, Income Tax, Statutory Insurance premium if any.

rajesh garg (Expert) 08 February 2009
u should purchase ready reckoner.

A. A. JOSE (Expert) 09 February 2009
You may better refer to the Payment of Wages Act 1936 regarding various types of deductions permissible.

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