Skip to Content
0
Former Member
Oct 25, 2011 at 07:18 AM

Tax on Bonus pay in regular Payroll

158 Views

Dear Experts,

I have one scenario that:

We are paying Bonus thru regular payroll and the TAX to be deducted:

1.as per slabs , If EE total gross for tax is in the 10% slab then 10% tax on Bonus, if slab is 20% then 20% tax on Bonus..........)

2.No projection for rest of the months

The current results:

1.Maintained flat rate 30% in the V_T511K ,if not tax is not deducting on bonus.

2.maintained Tax code is as SBON using INBTD function in regular payroll run

Please guide me to reach the same

Thanks

Cheera

Edited by: sreecheera on Oct 25, 2011 12:50 PM

Edited by: sreecheera on Oct 25, 2011 12:51 PM