Hi to all SAP HR Gurus and Friend,
Here i face issue related to PTax for MadhayaPradesh.please help me regarding the issue.
In Basic Pay Infotype the monthly regular payment wage types are like,
Basic 13010/-
Hra 1800/-
Upkeep allowance 600/-.
Total gross income monthly is 130101800600=15410/-
Annual gross income is 15410*12=184920/-.
In Month of April 2010,the user add two Irregular payments like
1.Leave Encashment 17400/-
2. Medical Encashment 13070/-,
Present monthly gross is 174001307015410=45880/-in month of april.
These amounts are add to annual income 1740013070184920=215590/-
for Madhya Predesh state PTax are calculate based on annually.
For 2010-2011 PTax Slabs Are Like
0 to 3laks=nil
3 to 5 laks 1000/-
5 to 8 laks 2000/-
More then 8 laks 3000/-.
But the system calculate like 45880*12=550560/-
Ptax Value in Payslip is 2000/-.
Actual PTax value is nil based on the slabs.( 1740013070184920=215590/-)
Thanks&Regards
B4SAPHCM