Payroll - What are the general deductions made while doing payroll for an employee in an organization?

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What are the general deductions made while doing payroll for an employee in an organization?

Total Answers and Comments: 4

Last Update: July 19, 2008 Asked by: norman

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Submitted by: ketavarapu

P.F, E.S.I. Professional Tax, TDS, Salary Advance if any

Above answer was rated as good by the following members:
mallela.ravikiran

December 05, 2007 05:42:33

ketavarapu

Member Since: June 2007 Contribution: 9

RE: What are the general deductions made while doing payroll for an employee in an organization?

P.F, E.S.I. Professional Tax, TDS, Salary Advance if any

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Overall Rating: +1

June 01, 2008 22:36:10

chintamani

Member Since: June 2008 Contribution: 7

RE: What are the general deductions made while doing payroll for an employee in an organization?

Following are the general deductions:
Profession Tax(Note that PT is not deducted for Delhi salaried employee)
TDS(not deducted for contract employees)
ESI (Is deducted only if employee's monthly gross earnings is less than 10K).

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July 19, 2008 15:29:45

Preetipe

Member Since: July 2008 Contribution: 2

RE: What are the general deductions made while doing payroll for an employee in an organization?

Professional Tax
ESI
PF
Recoveries
Advances if any

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July 19, 2008 15:32:20

Preetipe

Member Since: July 2008 Contribution: 2

RE: What are the general deductions made while doing payroll for an employee in an organization?

and yes.. not to forget the TDS

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