cancel
Showing results for 
Search instead for 
Did you mean: 

Statutory Deductions

Former Member
0 Kudos

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

View Entire Topic
Former Member
0 Kudos

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