Prepare payroll of the following employees.
| |
A |
B |
| 1 |
Name |
Basic pay(Rs.) |
| 2 |
Sasi |
8000 |
| 3 |
Hari |
10000 |
| 4 |
Karthi |
6500 |
| 5 |
Viji |
12000 |
| 6 |
Soni |
9000 |
Additional information:
a. DA: 125% of basic pay
b. HRA: Rs.4,000 for employees basic pay greater than Rs.8,000, for others Rs.2,500.
c. PF Contribution: 12% of basic pay and DA
d. TDS: 10% for Gross pay greater than Rs.25,000, otherwise NIL.
