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 |
I MAKE MIS FOR MY COMPANY. INTERVIEWER ASKED ME WHAT UR ROLL IN MIS. I ASKED HIM,I PREPARE IT AND SEND TO MY MANAGER. BUT HE AGAIN ASKED MY ABOUT MY ROLL IN MIS. WHAT HE WANTED TO KNOW? PLEASE TELL ME
21 Answers Andromeda, Blue Forgings, CSC, Fortis, Genpact, HGF, NRB Bearings, TCS, Unity Infraprojects, Wipro, Wisdom Hospitality,
What sort of image do you have?
If a charity is required to have an audit carried out due to the level of incoming resources or expenditure, but then is below the threshold in the following years, is an audit still required?
What are objectives of internal audit?
WHAT IS GL RECONCILIATION? WHAT YOU DO IN GL RECONCILIATION?
Expand SOX?
I have M.COM,please suggest me for auditor interview (interview date-17/08/2010)please help me,if u know any book for this interview please help me.
while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?
A company paid Mr.R an advance payment of Rs 5000 as tour allowance. After the tour R, submitted travel bill with a expense of Rs3000. He return Rs 1000 and claimed to pay the rest 1000 on a future date. Please pass the journal entries.
what will be the accounting treatement when we are booking sales in our books and we know that the Debto will deduct the TDS and then will pay the amount
Why should we have three Accounting Principles(personal, real & nominal) instead of one
which type audit for your company account
0 Answers Helios Pharmaceuticals,