Payroll
Manage salary components and thresholds
Earnings Components
| Component | Type | Amount | Applicable To | Action |
|---|---|---|---|---|
| Basic Salary | Earning | ₹50,000 | All Employees | |
| House Rent Allowance (HRA) | Earning | 30% | All Employees | |
| Transport Allowance | Earning | ₹5,000 | Sales, Marketing | |
| Medical Allowance | Earning | ₹3,000 | All Employees |
Deductions
| Component | Type | Amount | Applicable To | Action |
|---|---|---|---|---|
| Provident Fund (PF) | Deduction | 12% | All Employees | |
| Income Tax | Deduction | 5-20% | As per income | |
| Health Insurance | Deduction | ₹2,000 | All Employees |