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Former Member
Nov 08, 2012 at 10:32 AM

Superannuation in payroll

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Hi all,

In our project, Superannuation trust maintained by LIC. In march month employer contributes 15 % of basic to trust. At the time of employee retirrement he will get the superanuation amount.

What are the factors we have to look in to payroll log for tax calculation, rebate etc. What are the expected calculation in the payroll log.

Regards

Sai