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  • MTH302 Lec 03 Worksheet

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    Faisal Javaid
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    Download as XLS, PDF, TXT or read online from Scribd
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    26 views1 page

    MTH302 Lec 03 Worksheet

    Uploaded by

    Faisal Javaid

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    EXAMPLE GROSS SALARY

    Basic salary 6000


    House Rent Allowance 0.45 2700
    Conveyance allowance 2.50% 150
    Utlities Allowance 2.50% 150
    Total Allowances 0.5 3000
    Provident Fund 9.99% 599
    Own contribution 9.99% 599
    Gratuity fund 9.99% 599
    Earned Leave 18 days 7364
    Casual leave 18 days 7364
    Sick leave 12 days 4909
    Group Ins./Medical 5% 450
    Misc.social Charges 5.8% 522
    Total Allowances 3000
    Gross salary 9000
    Provident Fund 599
    Gratuity Fund 599
    Leaves 1636
    Other social Charges 972
    Total Social Charges 2608
    Gross remuneration 12807

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