wether OT is included in gross salary or not?
Answers were Sorted based on User's Feedback
Answer / rajashekar
Yes...OT should be
included in Gross salary
for Professional
tax,ESI,EPF and TDS on
salary
purpose.. ..Further if you
have any doubt you can
freely contact me on
RAJASHEKAR898@GMAIL.COM
Is This Answer Correct ? | 2 Yes | 1 No |
Answer / naman singh
OVERTIME SALARY IS NOT INCLUDED IN GROSS SALARY
Is This Answer Correct ? | 1 Yes | 0 No |
it is variable income but not fixed income - so it not
added to Gross Salary as per CTC norms
But while paying the same it is added as variable income to
Gross Salary and can be paid
And it helps for Grossing up for ESIC / EPF Payment also
(applicable if they are under limits of ESIC/EPF).
Pl let me if you have any further queries @
euro2_rk@yahoo.com
Is This Answer Correct ? | 0 Yes | 0 No |
an auditor gave his report and later he found an material misstatement in the financial statements regarding the period for which he gave report.now he is willing to change his opinion.is it possible.
The difference between interim audit and final audit?
May deduct TDS Froma reseller ?
investigation vs audit
Expand---------MPSR
what is accounting
what is the key factor while making cash & fund flow statement?
what is internal check?
secretarial audit
How to reconcile GST Tally and GST Portal ?
EBIDTA
Why do you want to join the Accounting profession ?