The document outlines an employee salary structure with designations, basic salaries, allowances, and deductions. It shows the gross and net salary for 16 employees with designations including Manager, Officer, MD, Assistant Manager, and Peon. The basic salary is determined by designation, with MD having the highest at Rs. 100,000. House rent is a percentage of basic salary ranging from 30% for MD to 65% for Peon. All employees receive a medical allowance of Rs. 5,000. Provident fund (PF) is deducted at 10% of basic salary. Gross salary is calculated as the sum of basic salary, house rent, and medical allowance. Net salary is gross salary minus PF.
The document outlines an employee salary structure with designations, basic salaries, allowances, and deductions. It shows the gross and net salary for 16 employees with designations including Manager, Officer, MD, Assistant Manager, and Peon. The basic salary is determined by designation, with MD having the highest at Rs. 100,000. House rent is a percentage of basic salary ranging from 30% for MD to 65% for Peon. All employees receive a medical allowance of Rs. 5,000. Provident fund (PF) is deducted at 10% of basic salary. Gross salary is calculated as the sum of basic salary, house rent, and medical allowance. Net salary is gross salary minus PF.
The document outlines an employee salary structure with designations, basic salaries, allowances, and deductions. It shows the gross and net salary for 16 employees with designations including Manager, Officer, MD, Assistant Manager, and Peon. The basic salary is determined by designation, with MD having the highest at Rs. 100,000. House rent is a percentage of basic salary ranging from 30% for MD to 65% for Peon. All employees receive a medical allowance of Rs. 5,000. Provident fund (PF) is deducted at 10% of basic salary. Gross salary is calculated as the sum of basic salary, house rent, and medical allowance. Net salary is gross salary minus PF.