Suppose a person gets a job in Company @ 50000 p.m

Will the company pay him full 50000?

View Answer

  What is Payroll Processing - Introduction

 

 

Payroll Processing means

Maintaining List of Different Employees

Deducting and Depositing their various taxes

and determining amount of Salary to be paid to them

 

We will study TDS,PF and ESI in detail

 

Lets begin by studying TDS on Flat Salary first

 

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.