Statutory Deductions

[Former Member]

Hi Experts,

Please let me know what are the Statutory Deductions as per Indian Payroll and how there are calculated out side SAP and in SAP

Thank you in Advance,

Awaiting your reply,

Hasini

[Former Member · Accepted solution]

1) Provident Fund - Employee 12% Employer 12%

2) Employee State Insurance - Employee 1.75% Employer 4.75%

3) Labour Welfare Fund it is fixed Rs.5 per month and it varies

4) Professional Tax It has slabs exmaple after 10000 it will be 250

5) Income Tax for Male below 1.50 lak for female below 1.80 no tax

6) Gratuity It will be calculated on basic only after completion of

5yrs service in a company

Warm Regards

[Former Member]

1) Provident Fund - Employee 12% Employer 12% Basic

2) Employee State Insurance - Employee 1.75% Employer 4.75% Gross

[Former Member]

Hi Suri,

Thank you for your support,

I would be greateful if you could provide detailed info on this.

Awaiting your reply

Hasini

[Former Member]

thanks

[Former Member]

1) Provident Fund - Employee 12% Employer 12%

2) Employee State Insurance - Employee 1.75% Employer 4.75%

3) Labour Welfare Fund it is fixed Rs.5 per month and it varies

4) Professional Tax It has slabs exmaple after 10000 it will be 250

5) Income Tax for Male below 1.50 lak for female below 1.80 no tax

6) Gratuity It will be calculated on basic only after completion of

5yrs service in a company

Warm Regards

[Former Member]

Hi

Statutory Deductions in India.

1) Provident Fund -

2) Employee State Insurance -

3) Labour Welfare Fund

4) Professional Tax

5) Income Tax

6) Gratuity

In the standard customization, you can map the generic thing but based upon the client's requirement you need to modify accordingly,, but 90% customization is satisfied.

Check on the same.

Regards

Team Member.

[Former Member]

Hi Mallik,

Thank you for your quick reply,

I just want to know how the below deductions are deducted from salary, i mean what is basis, what is % and how often deducted...out side sap.

) Provident Fund -

2) Employee State Insurance -

3) Labour Welfare Fund

4) Professional Tax

5) Income Tax

6) Gratuity

Thank you in Adavance.

[Former Member]

Hi Gurus,

Please explain to me how Gratuity,ESI,PF,LWF,Professional Tax and Income Tax are being calculated out side SAP.

I need to know how the above mentioned Statutory Deductions are being calculated and deducted from Employee Salary.

Thank you in Advance,

Hasini

[vikram_n]

Hi Sai Vindhya Hasini

U have to congf in SAP Indian PAyroll

Payroll India-----> Statutory Deductions -

---

> PF

---

> ESI--

---

>LWF..........

according to ur client requirement

With regards

Vikram.n

[Former Member]

Hi,

Thank you for responding,

I need you people help about the mentioned deductions are calculated, i mean whether they are calculated on Basic, Gross or net. What would be base for the calculations.

How these would be calculated out side SAP

Thanks