Please confirm the salary components on which P-tax deduction will be applicable.
Salary Components Nature Consider in P-tax Gross Salary Yes/No
Base Salary Part of Fixed Pay
Base Salary Arrears Part of Fixed Pay - Arrears
House Rent Allowance Part of Fixed Pay
HRA Arrears Part of Fixed Pay - Arrears
Employee Referral One time
Gratuity One time
Sales Incentive One time
Leave Encashment One time
LTIP One time
Management Allowance Part of Fixed Pay
Management Allowance Arrears Part of Fixed Pay - Arrears
Exgratia Payment One time
Variable Pay One time
Notice Pay One time
Joining Bonus One time
Statutory Bonus Monthly Part of Fixed Pay
Retro stat bonus monthly Part of Fixed Pay - Arrears
Night Shift Allowance One time
Relocation Allowance One time
Rewards And Recognition One time
From India, undefined
Salary Components Nature Consider in P-tax Gross Salary Yes/No
Base Salary Part of Fixed Pay
Base Salary Arrears Part of Fixed Pay - Arrears
House Rent Allowance Part of Fixed Pay
HRA Arrears Part of Fixed Pay - Arrears
Employee Referral One time
Gratuity One time
Sales Incentive One time
Leave Encashment One time
LTIP One time
Management Allowance Part of Fixed Pay
Management Allowance Arrears Part of Fixed Pay - Arrears
Exgratia Payment One time
Variable Pay One time
Notice Pay One time
Joining Bonus One time
Statutory Bonus Monthly Part of Fixed Pay
Retro stat bonus monthly Part of Fixed Pay - Arrears
Night Shift Allowance One time
Relocation Allowance One time
Rewards And Recognition One time
From India, undefined
Pl.refer the attachment for general info. Any specific doubts you have to refer the PT Act of your respective state.
From India, Bangalore
From India, Bangalore
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